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Mindset of Trading

Mindset of Trading

Amateurs think about how much money they can make. Professionals think about how much money they could lose

The Emotional Trap in Trading

The Emotional Trap in Trading

Never confuse your position with your best interest. Many traders take a position in a stock and form an emotional attachment to it. They’ll start losing money, and instead of stopping themselves out, they’ll find brand new reasons to stay in. When in doubt, get out.

Morris A Santiago

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