Stop loss - how my mind works
Day 1 - Stuck to planned stop loss for all trades - loss day
Day 2 - Stuck to planned stop loss for all trades- loss day
Day 3 - let me try to outwit the market and move stop loss to a safe place
Day 3 EOD - OMG the market took my stop loss and charged in the direction of my original trade leaving me by the wayside, had I stuck to my planned stop loss I would have made up losses of Day 1 and Day 2 and made some great profit!
I cant even begin to tell the number of times the above has happened to me!! Trying to overcome this failing of mine with some discipline, lets see how this month turns out.