The Burden Of A Profit
YM Chart |
DIA Chart [DIA JAN18'19 PUT 260 Strike @ 10.14] |
The saying let your winners run sums up my trading experience, I assume it is the issue with most traders. We hold on to our losers for far too long and we quickly cut our winning trades for the quick profit. Why a dopamine fix of taking a profit outweighs taking a large loss still puzzles me.
I’m going to use this position as my opportunity to let this winner run, God willing I will not turn this winning position into a big loss.
Source: http://www.trincafe.com/2018/10/the-burden-of-profit.html
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