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Interesting readin: Fear Of Trading & How Markets Move
Interesting as I recognize myself in that ( not all related to the article)
I have a bad habit to close too early or worst too late
- Afraid to take a profit because I'm afraid to loose niecer opportunity
- Afraid to cut my loss because in the back of my mind, I always hope a turn around toward my direction
- Put my stop too near of the price to prevent any retaliation when in profit.
As mentionned in the article, I should try to be aware of the bigger picture and determine if the retracement toward my stop is normal like a respiratory