What is your threshold for cutting a loser? $100, $500, $50K? As a Trading Coach and full time trader, unless you have a threshold for loss, you can easily lose your life, wife, house and everything else of value.
The inability to cut a loser is not a trading issue, it is a human issue, that manifests through the experience of trading.
We are human first, before we embark on trading. We bring our character flaws with us, and unless we have empowering self-improvement rituals, that we practice daily, we are destined to manifest our worst in the markets.
The markets are inherently neutral and never wrong. Keep this truth in mind, Before you blame something outside yourself for your misfortunes!
Kevin Michaels
Trading Coach
650-262-6524