Combine the larger-than-normal impact of a move against your position with a resolute belief that the market will do exactly as you expect, and you have a situation in which one tic in the opposition direction of your trade can cause you to go into a state of “mind-freeze” and become immobilized. When you finally do pull yourself out of it, you’ll be dazed, disillusioned, and betrayed, and you’ll wonder how something like that could have happened. In fact, you were betrayed by your own emotions. However, if you’re not aware of or don’t understand the underlying dynamics I just described,
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