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March 02, 2006
Trading Psychology Consecutive Losses AND The Trading Psychology
You go long and the market immediately goes down you go short and the market immediately goes up. That's 2 consecutive losses, and you are getting a little 'anxious' so you don't take the 'next' trade. Of course, this trade is a winner. Now to make the situation worse, you then 'chase' the move, and as soon as you enter the trade it immediately reverses, thus giving you another loss this is now 3 in a row. Ok one more 'try' this can't happen on every trade can
From Trading Psychology Consecutive Losses AND The Trading Psychology
Posted by Rob at March 2, 2006 09:31 AM
