I was driving to the office when my tire blew. It took, what seemed like forever to replace it, and for the rest of the afternoon I was consumed by the negative energy of this experience, not being able to let go.
During live trading room, when the trade goes against me, I sometimes catch myself feeling exactly the same way. Totally consumed by the energy of the stock I am trading and having a difficult time letting the stock go.
In this short video, I will go over the current market conditions and how to look at trading with a “Magnifying Glass,” especially when being consumed by the negative outcome of the trade.
I will also share my own strategy of not dwelling when you are on the “Tilt” and keeping your focus on the long term strategy.