I’m sure there isn’t one trader reading this book who hasn’t gotten into trades too soon—before the market has actually generated a signal, or too late—long after the market has generated a signal. What trader hasn’t convinced himself not to take a loss and, as a result, had it turn into a bigger one; or got out of winning trades too soon; or found himself in winning trades but didn’t take any profits at all, and then let the trades turn into losers; or moved stop-losses closer to his entry point, only to get stopped out and have the market go back in his direction? These are but a few of the
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