Day Trading Strategy – Minimize Sentimentality

It is well known that there is a lot of psychology involved in the life of day trader.  However, sentimentality is one emotion that has no place in a day trading strategy. Throughout the course of a day trader’s week, he or she can experience all the emotions of success and loss, and the heartache of making a bad decision. One of the psychological traits that many day traders work on is controlling their propensity to perform sentimental trading. Why Do We Do Sentimental Trading? There are numerous reasons why a day trader might become highly sentimental about one of their trades. For some day traders, it is just a natural reaction in their personality because they become sentimental over a variety of things in their lives. Other traders that are not sentimental about external things at all can be extremely sentimental when it comes to their egos. They simply do not have it in them to accept a losing trade. Even if they hold tight to their money and display frugality away from t
https://www.indicatorwarehouse.com/day-trading-strategy/