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Defy The Loser Mindset In Day Trading

by icosuccess
, Defy The Loser Mindset In Day Trading

This might fit better in the annals of psychology but there really is a loser mindset in day trading that can fire off a pretty consistent losing streak if you let it. Day traders often have at least one thing in common: they’ve lost money on bad trades and probably didn’t know when to let go.

Even the most seasoned traders who’ve spent time trading traditional asset classes like Forex, company stocks, and equities have, at one point or another, gone through losing streaks in their day trading efforts. What differentiates the good traders from the not-so-good traders is the ability to recognize and reassess what they might be doing wrong.

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