Day Trading Psychology Tips (4/6)
Day Trading Psychology Tips
There are many, many different psychology tips that you could use in your trading, but I have turned the list below into a short set of dot points that you can remember and that will help you the most.
Don’t risk too much on any one trade.
Don’t chase your losses with revenge trades.
Don’t over-trade and make too many trades.
Don’t let the last trade stop you making your next trade.
Always cut your losses short at your stop loss point.
Always take profit at your designated profit target level. Don’t get greedy and hold for more.
There are many, many different psychology tips that you could use in your trading, but I have turned the list below into a short set of dot points that you can remember and that will help you the most.
Don’t risk too much on any one trade.
Don’t chase your losses with revenge trades.
Don’t over-trade and make too many trades.
Don’t let the last trade stop you making your next trade.
Always cut your losses short at your stop loss point.
Always take profit at your designated profit target level. Don’t get greedy and hold for more.
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