The plan is the basis of action. It can be better or worse. If it is worse and you stick to it, it is still ok. You will simply do better next time. It is worse when the plan was good and you did not stick to it.

The Trader's Mental Game: Why do we let losses run and not gains?

If there is something all traders face sooner or later, it is the internal struggle between our emotions and our logic. One of the biggest challenges and also the most common mistakes is letting losses run and not gains. But why does this happen? The answer is deeply tied to our psychology and the way we interpret risk and reward.

The fear of losing the little we have gained