I do not understand why Some traders are very uncomfortable to have a position which is in profit so They cut thier profit very early, But They are so position on their lost position and let the lost get bigger and bigger and They hope the market will back .
The result of this mistake is That They May have 5 small to HUGE Profits and HUGE lost That is bigger than the sum of all profit and Their day end with Huge lost.
How to solve this problem is easy? Have a plan Before open any position, you should know When you should close your position if the trend is favorable and never ever trade without stop lost.
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