Weak Hands Kill Profits

Many of us make the correct decisions when trading the markets. We identify the right stock, we trade it in the right direction, we have a prime entry yet we get shaken out because of fear.  This term is called having Weak Hands, not being able to stay the course in the presence of a fake out or volatility.

Fear is a survival instinct however it has no place in trading the markets because there are no Lions chasing us!

All jokes aside, the solution to overcoming getting shaken out is to:

  • adjust your stop and make sure you have enough padding in case of a reclaim
  • monitor your breathing
  • listen to your gut
  • don’t focus so much on your P/L and focus more on trading smart

To Your Success,

Kevin Michaels, Founder

Winner’s Edge Stock Trading

www.winnersedgestocktrading.com

 

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