The fear index just spiked 12%. Middle East tensions, the Fed next week, and Bitcoin whipsawing.
Here's what a day like this does: you hit your daily loss limit — and you keep going. "One more to break even." That's not you deciding anymore. It's the trader who just lost.
Your daily limit doesn't protect your account. It protects you from you — and days like today are exactly why it exists.
How many times this week did you trade past your limit?
#VIX #revengetrading #tradingpsychology #RiskManagement #bookintrade $BTC