“Winning big can sometimes be as scary as losing. That’s the mindset I’m working hard to overcome…”

Feedback in:

Biggest challenge with trading: Becoming less emotionally tied up with my trades. Trying to resist checking their progress every 2min rather than just letting the process play out. On winning trades: I have a tendency to set trailing stop losses too close, so that a quick reversal in price leaves me stuck with a moderate win instead of a potential “monster”. Caused by not wanting to give any of my winning positions back to the market. I know it’s wrong, and the situation is improving, but my conservative tendencies are leading to a low risk/low reward scenario. Winning big can sometimes be as scary as losing. That’s the mindset I’m working hard to overcome.

Thanks
Mark

Day trading by the minute? That ends one way.

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