Even though my rules tell me when to take a profit, I’m human. They say ride your winners, but this is a double-edged sword, your winners can ride to losses if you are not careful.
Creating something that allows you to become aware of your faults in trading is the greatest step that any trader can harness. When applied correctly, you will save yourself so much money and emotional distress.
I won’t be naive and say:
“Yeah, just do this and you will be fine”
It takes practice, more so, it takes courage to do the opposite of what your brain is telling you to do.
#tradingskill#
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