Common Mistake of Traders Series 1: Staying in Trades Too Long
The Dangers of Holding onto Winning Trades for Too Long and How to Avoid Them
Hey Traders!
In our trading group CHEATCODE, we were discussing some mistakes that traders can make or tend to make consistently. I know that if we can control our errors, then or errors will no longer be able to control us and our trading. The 80/20 rule, also known as the Pareto principle, states that 80% of the results come from 20% of the input. In…
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