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Europe
Posts: 13 since Oct 2010
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A very good question indeed.
All human beings are habitual - no need to know why, just know it is a part of life. We tend to repeat certain things we do very often, and other things not so often - the "often" things are either things we "have" to do, or things we "like" to do.
To become a consistent winner at trading, one must be able to switch off completely form the normal day things that we are used to - this requires a strong will and dedication, and is far harder to do than many think!
To me, what you have described seems to indicate that you have not done adequate groundwork before placing the trade, and you have allowed a previous trade prevent you from doing what you "need" to do.
I have a Rule No.1 that works very well for me, and that is..
"EVERY trade is a loser, until it is closed for a profit"
NYSE
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