Swing Trading: The Definitive And Step by Step Guide To Swing Trading: Trade Like A Pro (How to Invest and Trade Like a Pro Book 1) by Andrew Johnson

Author:Andrew Johnson [Johnson , Andrew]
Language: eng
Format: epub
Published: 2017-08-20T22:00:00+00:00

Chasing your losses

Never chase after your losses. If you do, there is a higher risk of losing all your money. Most traders and gamblers tend to chase their losses by using aggressive bets right after they experience a bad loss. The problem here is that you continue to use the same losing strategy and your funds may not be big enough to handle the big wagers. Instead of chasing after your losses, focus on the profits that you have already made and try to find ways to earn more. Focus on developing your strategy to gain continuous profit and not on getting back what you have lost.

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