THE BURDEN OF A PROFIT
|DIA Chart [DIA JAN18'19 PUT 260 Strike @ 10.14]|
The saying let your winners run sums up my trading experience, I assume it is the issue with most traders. We hold on to our losers for far too long and we quickly cut our winning trades for the quick profit. Why a dopamine fix of taking a profit outweighs taking a large loss still puzzles me.
I'm going to use this position as my opportunity to let this winner run, God willing I will not turn this winning position into a big loss.