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FTSE 100 — The danger of 'just a bit more' risk
Was trading the FTSE 100 futures last year, had a decent run going for a few weeks. Got a bit too confident, thought I could squeeze out just a bit more profit on a relatively weak setup during a quiet Tuesday afternoon. Ended up moving my stop a couple of times, thinking it would surely bounce back, only to watch it slice through my original entry and then some. Turned a good week into a net loss pretty quickly, all because of chasing that extra bit of juice. Lesson learned: stick to your plan, even when it feels like easy money.
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