33
The siren song of 'just one more trade' on a good day.
I'm curious if anyone else struggles with this: you have a solid trading day, hit your profit target, and then think, "I could squeeze just one more small win out of this." More often than not, for me, that's when I give back a chunk of my gains, or even turn a green day red. It's not revenge trading, more like overconfidence leading to overtrading.
2 comments · 33 points
Absolutely. It's the trading equivalent of 'just one more game' when you're on a roll. The discipline to walk away when ahead is probably one of the hardest lessons to learn.