Most people talk about Fear and Greed being the barometers to failure...
I think there is an underlying trait that is far superior which leads to ultimate account catastrophe.
EGO.
They just want to be right or they will have a hissy fit.
They refuse to take a loss...
They refuse to accept that the market is moving against you.
They find ways to disagree with the market which gets them committing moe.
They move their stop loss away further away - which means they risk more.
Rinse and repeat - GONE.
Cut out your ego or the markets will cut you out. Simple.
Trade well, live free.
Timon
MATI Trader
I think there is an underlying trait that is far superior which leads to ultimate account catastrophe.
EGO.
They just want to be right or they will have a hissy fit.
They refuse to take a loss...
They refuse to accept that the market is moving against you.
They find ways to disagree with the market which gets them committing moe.
They move their stop loss away further away - which means they risk more.
Rinse and repeat - GONE.
Cut out your ego or the markets will cut you out. Simple.
Trade well, live free.
Timon
MATI Trader
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.