
Read through a few of your trades. Now you have much more experience than I do, so know I’m not trying to be a know-it-all, but on many of your losses I see the same pattern. You buy in, see a tiny profit level but wait (that’s fine - can’t know the future) then it drops and you keep holding, thinking (hoping) it will bounce back. But never does and loss lot bigger than you had to. I have done it too, so am not acting superior. What I can recommend , if you haven’t already read it, is the book Best Losers Win (by Tom Hoummand (sp?)). I got this book a month or so ago and it describes this common error. He says we are afraid when we’re winning so often get out way too early or for wrong reason. And we are hoping when losing so hang on to a trade way too long. If you haven’t read it, get it. Trading is such a mental process but the ironic thing our normal mental, logic will put us in the 90% losers group. Tom really breaks it down in simply example language. Just about finished reading and am already seeing better trading in my very rookie status. Just passing along an observation and recommendation. Check it out. They are readily available use on eBay and Amazon. Have a great day.

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