One of the biggest differences between amateur and pro traders is how fast they'll kill a trade that doesn't do their way.
Amateurs wait. Maybe the market just needs more time.
The pro says fuck that shit! Moving on!
Discussion
This a facts I see this so many time with new traders... They hold on and then wish they can break even... But it keeps going the other way...🤣🤣🤣
A large part of this comes from strategy.
An amateur holds on thinking “maybe this will come around” because they don’t understand there’s another trade around the corner and it’s the setup that matters.
Pros just go from setup to setup to setup.