2022-04-10 23:57:54
Do You Hold Losses Longer Than Profits?
If yes, please ask yourself:
Why am I closing the profits faster and holding the losses longer?
Most of them Answers: I don't want to lose any trade, I want to make only profit trades.
Your brain default function is to help you protect for survival, not to lose anything. Example: Consider Ancient humans, who lived in the forest and their primary goal is to get good food for survival and to protect themselves from animals attack.
Human brains are programmed for survival and protection from long years. This is what happens in your brain during the losing time on your trading account. Your brain says to you: "Don't close your trade in the loss," because the brain default primary function given by GOD is to help you protect and not to lose anything. This is where you need to learn how to manage your thoughts during trading.
You are addicted to make small profits and big losses instead of making big profits and small losses.
Proof : Just watch the trade history of your completely lost trading account. If you have placed buy instead of sell and sell instead of buy = your account would be doubled instead of becoming ZERO
Just do the opposite of what you are doing now to see the opposite result. You will start to realize your mistakes.
Feel free to fail small and be open to receive big profits. Change your mindset, profits will follow you up.
Be patience, you will become a great trader.
Wish You A Profitable Week
247 viewsHerakles, 20:57
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