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Trading Psychology: Self Punishing

12/19/2018 14:00

Have you ever had the experience of selling something and as soon as the trade goes through you feel regret and worry that you made the wrong decision, leaving a large profit on the table? Or perhaps you are worried that the small loss you took would have turned around into a nice gain, and you are just throwing money away, like all those times before? You then become completely obsessed and lack any confidence with your trading abilities. Right in the middle of the trading day you have to stop everything else you are doing and watch that one stupid coin or stock to make sure it really does go the way you thought it would when you sold. Every time it ticks green you feel bad and when it ticks red you feel better, mired in a constant state of distress, distraction and agony.

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