I didn’t figure this out from a winning trade. I figured it out from a bad one.
I had a position that was up nicely, nothing crazy, but solid. Instead of taking profit or sticking to my plan, I started thinking about how much more it could make. I held. It pulled back. I told myself it would bounce. It didn’t.
What should’ve been a good trade turned into a loss, and the frustrating part is that nothing “unexpected” happened. The market just did what it always does move both ways.
That’s when it clicked. Losing isn’t always about being wrong on direction. It’s about what you do when things stop going perfectly. Most people don’t lose because they can’t find good trades they lose because they don’t manage them once they’re in.
I accidentally found out why most people lose money trading
byu/Prince_reaper13 ininvesting
Posted by Prince_reaper13
8 Comments
When making a trade, you need to be right twice – once at the entry point, once at the exit point. Having a good entry doesn’t guarantee profit if you mis-time your exit.
And your exit should already be known before you even enter the trade. There should be some trigger – a price, a date, an event – where you plan to sell. It sounds like you didn’t have this plan in place, or you didn’t stick to it. Thinking “I can make more if I keep holding…” is a toxic mindset in trading.
AI
/r/im14andthisisdeep
You can look back now and say you should have sold, but it’s also possible you would have sold and then the stock goes up exponentially and you’d take away the opposite lesson. Not every pump is followed by a correction, and not every correction is followed by a pump. You just really can’t predict it without some deep knowledge of the specific markets and stock, or some dumb luck.
Unless you’re really particularly skilled or lucky, you’ll probably lose money swing trading compared to just buying an index fund and holding indefinitely.
IDK , if you sold out and took a profit and sold then the stock shot up , you might be making a post about letting your winners run and the pitfalls of taking profits.
Hindsight is always 2020.
Nice AI slop
How is RDDT revenue doing so well with AI bots shit posting like this?
you should start a substack