Ep66: Stupid Mistakes
The Trading Psychology Podcast
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Navigating Trading Mistakes and Exits
This chapter delves into the significance of exits in trading, underscoring that exits are pivotal moments for profits and losses to materialize. It advises considering automating exits if repetitive mistakes stem from technical challenges and cautions against clinging to losing trades with a cautionary anecdote illustrating how one trade can undo a year's worth of progress. Listeners are encouraged to manage mistakes by maintaining composure and reaching out for support.
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