Today may turn out to be a bad day in the stock market for you personally.
If this bothers you, this means that you are still taking on positions that are TOO BIG for you.
You should not worry about the size of your loss. That “maximum loss”, must be the balance of your personal greed and fear. Your internal struggle will ultimately culminate in a feeling of “serenity” and you will decide on the proper number of shares to buy for this transaction.
Once you become “serene” about your loss size, stick to that loss size for a while longer. Then see if it needs to be adjusted down more, or you can very slowly, start increasing that loss size higher.
You are in control of your trading!
However,
At the end, successful trading is about:
1. Controlling your risks.
2. Listening to your emotions, and using the Greed and Fear from trading as a vehicle for positive emotional transformation.
3. Following your system!
-Alexander Berger
(Los Gatos, CA December 19, 2017)
If this bothers you, this means that you are still taking on positions that are TOO BIG for you.
You should not worry about the size of your loss. That “maximum loss”, must be the balance of your personal greed and fear. Your internal struggle will ultimately culminate in a feeling of “serenity” and you will decide on the proper number of shares to buy for this transaction.
Once you become “serene” about your loss size, stick to that loss size for a while longer. Then see if it needs to be adjusted down more, or you can very slowly, start increasing that loss size higher.
You are in control of your trading!
However,
At the end, successful trading is about:
1. Controlling your risks.
2. Listening to your emotions, and using the Greed and Fear from trading as a vehicle for positive emotional transformation.
3. Following your system!
-Alexander Berger
(Los Gatos, CA December 19, 2017)
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