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Logic – Remain Disciplined
Before you enter a stock, make sure you have a solid plan for every stage of the trade life cycle. This means knowing your entry, initial stop level , potential price targets, size of the trade and trade management. Once you have a position in a stock you need to manage the trade based on “the
"A Trader's Mind"
Fear – Distress Over Losses: Psychologically, our minds process losses as more significant than a gain of the same amount. In trading, our fear of being wrong will often be used as a reason for staying in a losing position which leaves our accounts vulnerable to larger losses. The most important