Why You Can't Cut Losses

Does it sound familiar I am very poor at taking loss when a SL is hit,and exit quickly as soon as profit is seen on my trade.You tell yourself you’ll get out as soon as SL is triggred, but just before getting stopped out you decide to hold onto the trade and let the loss grow. When it comes to profitable trading, If you want to be successful You must get comfortable in taking loss.

Posted in: Technical Analysis