You wait to take losses hoping that the losses will turn into gains. This is probably the most prevalent example of greed. You wait and you wait, hoping that the market is going to turn around for you. And guess what? It almost never does. Stick to your trade plan. Trade small and trade often. Remember, patience is the key.
Talk soon,
Al Losada
Founder | SimpleOptionStrategies.com
P.S. SOS Trade Alerts is now open to new subscribers for those on the waitlist. Join us now to receive $20 off of our standard subscription rate. To join, click on this link: SOS Trade Alerts
You can also check out my YouTube Channel at SOS YouTube.
None of the content published on SimpleOptionStrategies.com or within SimpleOptionStrategies.com’s Telegram Trade Channels constitutes a recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. SimpleOptionStrategies.com is not responsible for any losses incurred as a result of using any of our trading strategies.