When placing an order, I only thought about whether it would rise—never about where the position would be closed. There was no target level, no stop-loss level, and no trading logic. The moment the price moved, my emotions moved with it. I could run away fast for small profits, but when I lost, I held on for a very long time. The reason is simple—there was no confidence in my mind, so I couldn’t hold the position. #BarrickMiningFalls8% $AAPL.US
People who can hold positions aren’t necessarily the best in terms of technical skill, but they definitely have a plan. Before entering, they already know why they’re buying, where they’ll exit, and what situation counts as a mistake. The logic doesn’t change. The fluctuations in the middle don’t matter at all. Big moves never go up in a straight line; the real big gains are earned by waiting it out. It’s not that you sell too early because you’re timid—it’s because you don’t have enough certainty inside to hold on. The clearer the plan is, the more stable your mindset becomes. Trades without a target will, in the end, most likely be dragged along by emotions into something like $TUT
People who can hold positions aren’t necessarily the best in terms of technical skill, but they definitely have a plan. Before entering, they already know why they’re buying, where they’ll exit, and what situation counts as a mistake. The logic doesn’t change. The fluctuations in the middle don’t matter at all. Big moves never go up in a straight line; the real big gains are earned by waiting it out. It’s not that you sell too early because you’re timid—it’s because you don’t have enough certainty inside to hold on. The clearer the plan is, the more stable your mindset becomes. Trades without a target will, in the end, most likely be dragged along by emotions into something like $TUT