Stick With Your Plan in Trading

In the world of trading, a common human tendency is to persist with losing trades far longer than we do with winning ones. We cling to losing positions, nurturing hopes of a miraculous reversal, all the while accumulating mounting losses. Conversely, when we find ourselves in a winning trade, we often exit prematurely at the first sign of a price pullback, fearing that our gains might evaporate. This behavior can lead to significant losses and smaller profits, which goes against our intended Risk-Reward Ratio (RRR) targets. This is precisely where our planning and unwavering commitment come into play, guiding us to stick with our trading strategy, regardless of market fluctuations.