Stay at the crease, the runs will come

[TheSafeTrader]

There is an old saying in cricket - stay at the crease, runs will come.

The batsman who tries to hit sixes and takes too many risks early on will get out soon. Maybe he will get lucky a few times but not for long.

This applies perfectly to trading. A new trader who takes too many risks while learning will blow up his account.

Stay in the game, the profits will come.

 

[Manav Kole]

"Stay at the crease, the runs will come" is a cricketing metaphor that can also be applied to investing. It suggests the importance of patience and perseverance. In investing, it implies that long-term commitment to a well-thought-out strategy, even during market fluctuations, can lead to positive returns over time. Just as a batsman patiently stays at the crease to score runs, investors may benefit from staying committed to their investment plan for long-term financial success.

 

[newtrader101]

Could this have been avoided?

After that tried entering again with SL outside the range below the bottom. Exited when the market started coming down again.