By: ShortMeTina
I guess you can add this blog, along with the others I have written, under the category “trader psychology”. I think a lot, I am a thinker! And this thought came during one of my forever happening thinking sessions. I am not sure if you’re aware but Electric Car Maker, Tesla (TSLA) is up over 2000%.... YES 2000% since IPO-ing at $17 in 2010. To put that into perspective; if you invested $10,000 in this company when it IPO-ed and left your money in Tesla; that 10k is now north of a quarter of a million dollars ($250,000).
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By: ShortMeTina
Question: If you made 15 losing trades in a row, taking loss, after loss, after loss; would you be able to take trade #16 without hesitation? |
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