What are some helpful tips for day trading stocks successfully?
TRADINGFEATURED
"Never marry your trades"
Having an exit strategy is essential for every position you enter.
Professional traders have faith in their process and embrace the lessons of losing.
In the world of trading, the temptation to marry our trades can hinder our success. Letting go of emotional attachments allows us to embrace flexibility and adaptability.
Recognizing that not all trades will go as planned, we free ourselves from the constraints of unrealistic expectations and open the doors to new opportunities.
By realizing the need to cling to a trade, we empower ourselves to make objective decisions based on market conditions and proven strategies.
Embracing non-attachment in trading liberates our mindset allowing us to cut losses when necessary and focus on overall portfolio growth.
Credit: Quora