It’s hard to take a loss, but as a trader that what you do, you take losses along with profits, its how you handle them, that is the ultimate resolve.
It’s hard to take a loss, but as a trader that what you do, you take losses along with profits, its how you handle them, that is the ultimate resolve. Cut your losses and let your profit run, but over 95% of traders tend to grab a quick profit and let the losses run, and in the long run they run out of trading capital and move on with their lives. It’s easy to take profits and hard to let them run and it’s easy to let the losses run and hard to take them, because psychologically it’s not a loss if it’s not taken, but reality dictates otherwise. In order to become a successful trader you must go against the human nature of hopes and dreams and learn how to face reality.
