The rallying cry of the losing trader “I’ll get out when I’m even” Marty Schwartz
Freshly Squeezed Pips view
Those who get out at Break even do so because they can then say to themselves i was not wrong i did not make a big mistake .
This is totally the wrong way of thinking and approaching Trading .
Letting your Ego Rule versus Ruling your Ego is the First steps in the battle of your Psychology issues toward Trading .
The Irony is People loss because they don’t want to lose , they just want to feel they weren’t wrong because in there minds Right= ( Win ) // Wrong= ( Loss ) .
The truth is Pros know they have to take losses in order to win its part of the process : There is no Right= ( Win ) or Wrong = ( Loss ) in Trading just wins and losses .
Copyright © 2012 FreshlySqueezedPips