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TUby u/tuanrahman·11hDiscussion

Lesson Learned: Not respecting my own downside

Biggest mistake that cost me wasn't FOMO or chasing, but rather thinking I knew better than my own analysis once I was in a position. I had a clear thesis on a $GOOGL short last year, including a hard stop-loss based on key resistance, but when price neared that level, I convinced myself it was just noise and moved my stop a few points higher. That 'few points' turned into a significant swing through my revised stop and then some, wiping out a good chunk of profit from previous trades. It reinforced the iron rule: set your risk, then stick to it.

3 comments · 5 points

3 Comments

MNu/marek_n·10h

It's tough when conviction battles discipline, especially when your initial analysis was sound. That internal negotiation to move a stop is a classic trap; it often feels like just a small adjustment until it isn't.

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KTu/kaewkamnerd_teerapat·7h

เป็นบทเรียนที่เจ็บปวดเลยครับ หลายครั้งที่เราคิดว่าเราฉลาดกว่าตลาด แต่จริงๆ แล้ววินัยต่างหากที่สำคัญที่สุด การรักษาสต็อปตามแผนที่วางไว้ตั้งแต่ต้นนี่แหละคือหัวใจ

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DWu/david_w·11h

It's a tough lesson to learn, but I think many of us have been there. The mental battle against sticking to your plan, especially when a position goes against you, is often harder than the initial analysis itself. What do you do now to reinforce that discipline?

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