How to chase blowout trades away

Hello Traders,

This video clip is from a documentary Redesign my Brain by Todd Sampson, it so perfectly describes what the difference is between traders who don't deal with their losses and traders who tackle losing trades head on. It shows like in trading, the more you are afraid of the pain and you run away from your losses, the more they hurt you. You can't outrun them, they will always come after you and try to hurt you even more. But you can learn strategies on how to tackle them in the face of your fear and be surprised how good it feels when you actually do conquer the loss!

Thank you to Paul Scott from Mindful Media for allowing me publish this clip on my website.

With a toast to your trading profits

Prost

 

 

 

 

 

Mandi