Every trader's nightmare. You wait to make a proper entry, pull the trigger and after a while, you change your mind and close the position too early. Then you just watch the price to go exactly in your planned target area and you curse yourself for exiting too early. Sounds familiar? Then this...
How do you perceive losses? Nobody likes to lose, however, it is an inseparable part of trading. In this episode, Michael opens up about his own experience with accepting losses during the early stage of his trading career and we will also touch up on a few psychological insights.