“Let my profits run, follow the trend…”

Feedback in:

To adopt the mindset of an entrepreneurial trader we need to think less about buying and selling and more about entering and exiting. As an entrepreneurial investor you need to be OK with losing small money. It can’t bother you. You need to think strategically about your trades and let SOPs and data drive your decisions – not your gut.

Removing the emotional part of investing and let the stock do its thing. Place my stop and use it and do not let my emotions allow me to make up a loss which most likely will become a bigger loss. Let my profits run, follow the trend.

[Name]

Yes.

Filed under Trend Following