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Emotions around managing risk

Trader Mindset

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The Inner Voice of Trading - I Don't Want a Trade Like Michael

If you don't study the behavior, nothing's ever going to change that. Think about pulling 15 k out of a trade. Make it audacious. And for all the arbase traders out there, you're smart for certainly having discipline. But if you ut everything off entirely, at, say, plus three r right where you have i get stopped at one r and i sell out at three r, again, you can't answer. So this all comes down to how you feel about the risk that you have at varying stages of the process.

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