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009 - Dealing With Fear

The Trading Coach Podcast

00:00

How to Get Stopped Out of a Trade?

Pain affects us more than pleasure in general, so to get stopped out of a tradeis a painful situation. The first thought that probably enters your mind is, why the heck would i enter again? It's literally five pips after i just got stopped out. And this is where valuing the process has to be much more important to you than valuing the outcome. In your brain, when you think about pain and pleasure, you have to associate pleasure with following your plan, and pain with not following your plan.

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