Rebel Traders 084 : Resisting the Urge
All to often traders are tempted to flick the switch or turn tail and run the other direction. Sometime, the best trade is resisting the urge.
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Should you zig or zag? Do you see an opportunity that takes you away from your trading plan and strategy? Are you going to stick to your guns? Well, in this week's show we're going to see about whether to take the step or resist the urge to pull the trigger.
This is one critical area of trading that can be the undoing of many traders portfolios and blows up accounts. Sean and Phil help decide when to pivot and when to stand firm.
3 Key Takeaways From This Show
- Stop changing the bloody trading plan
- It's ok to dive down the rabbit hole only if it makes sense and add value
- Time and money are precious invest them both wisely
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