Do you know when people loose a lot of money in Trading?
Its when u place an order either SHORT or LONG and then start hoping it will goes as u planned.
when it starts going in you favor you hope it will go more up and then it start going down and you hope again it will again bounce back in your favor.
and when its not going in you favor from the beginning you start hoping it will go in your favor soon and it will go lil bit in your favor and you again Hope it will go further Up.
then again it goes against you and then you again start hoping it will go in your favor eventually the position reach to the price where it will liquidate however you again Hope since its already comes Comes Down to LOW or either high now you think it will start going your favor and you start adding the margin and again the same story.
What is the lesson here Stop Hoping for the Outcome and Hope that you learnt a valuable lesson from that specific trade.
That is what i also Hope with myself and for all the trader who are into the Trading.đ
