| Irritated Trading And Trading Plans |
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You might have been sincerely practicing your trading plan in compliance with the rules that were meant most appropriate for the kind of trading you are involved in. Even after you have been following the rules real good, the results are not as good, and you happened to have missed on something that was really a good mine.
When you are in a bad trade and you have not been able to get in to proper trading despite all the dedicated practice, it is quite natural for someone to get irritated. You did believe that your trading plan was so great that it would win at all times and not fail at all; however, now you tend to realize that there is yet another methodology that is better than what you are doing now. You are just annoyed and you had a pay a big price to know that there is yet another better method. Immediately after you leave the trade per plan, the prices might increase and it will probably move to the location where you actually were staying in before you changed your plans. Again you regret for having changed your plan. And this little move leaves you thinking that you were an idiot to have changed the plans. At this point in time, you start believing that there is something wrong with the way you are doing things. You need to learn about situations in more depth if you should know when you should actually change what you are doing. Sometimes you plan would be really fine and it could have been just that it was not okay for a couple of times. There is no plan that brings in 100% profit. So, you should have tolerance threshold for loss rather than changing every plan you make with every loss. |
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