This week I’ve struggled with holding trades. This becomes especially apparent when the trade is coming off the back of a loss. I feel the urge to close it out in an attempt to regain the loss.
Although there’s relief in the statement “You Can’t Go Broke Taking A Profit”, maybe I need to be cautious about trades to avoid taking the initial loss, which will provide an incentive to hold winning trades for longer.
I need to find a balance between not being greedy and not being confident