This video breaks down how its ok to take a loss even when our plan does work out in the long run. We have to be able to maintain these good risk management habits even if we are eventually right. Because in the event we aren't right on the end we have a much heavier loss that's harder to recover from.
“You have power over your mind – not outside events. Realize this, and you will find strength.“
-Trade Daddy
-Trade Daddy
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.
“You have power over your mind – not outside events. Realize this, and you will find strength.“
-Trade Daddy
-Trade Daddy
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.