Never ever be afraid of taking a loss.
This is always a psychological barrier which is there in the 2nd or 3rd year.
Some people never get over this non sense and soon it grows into a habit.
This is one of the reasons SAM BANKMAN-FRIED lost billions.
In an interview his girlfriend openly admitted to not using a stop loss to manage losses.
There are many Sam Bankman's here and here is what they say
-I use a mental stop loss.
- I don't use a stop loss.
-Let me move my stop.
Remove this garbage from your head and allow yourself to be wrong.
This is always a psychological barrier which is there in the 2nd or 3rd year.
Some people never get over this non sense and soon it grows into a habit.
This is one of the reasons SAM BANKMAN-FRIED lost billions.
In an interview his girlfriend openly admitted to not using a stop loss to manage losses.
There are many Sam Bankman's here and here is what they say
-I use a mental stop loss.
- I don't use a stop loss.
-Let me move my stop.
Remove this garbage from your head and allow yourself to be wrong.
