Trading is risky. Depending on your personality, you may be extremely intolerant of risk. I know a man who uses "riskaverse" for his email address. Most people avoid risks at all costs. Humans had to make prudent decisions in order to survive and evolve. Even though traders know they must risk money to make money, the natural inclination to avoid risk is powerful. How much risk are you willing to ...
Trading Educators Blog
While risking capital on a trade, it's hard to not feel a little cautious. After all, if this trade, the next trade, and the one after that are losers, you'll begin wondering about what you might be doing wrong. You might feel a bit desperate, and think of trying to regain your edge. Feeling uneasy after a series of losses is understandable. But experienced traders keep cool, even when they are in...