Afternoon thoughts: No matter how much the news is heating up, don’t skip checking your own positions.
I’ll start by asking three questions: How much of a loss would make me exit? Am I using leverage? Will I need this money next month?
If I can’t answer clearly, I won’t add to my position yet. Missing a market swing is usually easier to stomach than being forced to sell at a low. #TradingMindset
I’ll start by asking three questions: How much of a loss would make me exit? Am I using leverage? Will I need this money next month?
If I can’t answer clearly, I won’t add to my position yet. Missing a market swing is usually easier to stomach than being forced to sell at a low. #TradingMindset