“When you're trading well, you have a better mental attitude. When you're trading poorly, you start wishing and hoping. Instead of getting into trades you think will work, you end up getting into trades you hope will work.” ThinkingWellsEndsWishAttitudeTradeTradingMental Attitude Author:Randy McKay
“I basically learned that you must get out of your losses immediately. It's not merely a matter of how much you can afford to risk on a given trade, but you also have to consider how many potential future winners you might miss because of the effect of the larger loss on your mental attitude and trading size.” MatterMightGivenLossAttitudeRiskEffectsMissingTradeSizeWinnerTradingMental AttitudeYour Loss Author:Randy McKay