BlogDecember 15, 2022Michael Covel

“There’s always this paralyzing nervousness that prevents me…”

Feedback in:

The biggest challenge I face is placing a trade after I had a losing streak. I tend to talk myself right out of trades, leaving me wondering if I ever knew what I was doing to begin with. There’s always this paralyzing nervousness that prevents me from clicking the order button. I also tend to hope on losing trades, but I have gotten better at being disciplined in letting the stop loss hit (instead of moving it back).

Regards,
Sivasweatha U.

You need a system. You need:

• Exact rules for selecting your tracking portfolio.
• Exact rules for entering your trades at the right time.
• Exact rules for exiting your trades with a loss.
• Exact rules for exiting your trades with a profit.
• Exact rules for how much money to bet on each trade.

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