While we all have different risk tolerances and personalities as traders, at the core, we’re all still human. Meaning, there are some general scenarios that happen to us all whether or not it seems like it. Given the nature of social media and YouTube, some situations can seem to never happen to people, but I assure you… they do! The dangerous part of this particular situation I discuss is the impact from the mental standpoint it can pile on you. During the piling on process it can tend to open up another whole can of worms. The solution to all of this is a simple one: be aware! When you are aware you can realize what is going on in your brain and deal with it in logical ways, not emotional. Let’s talk about a very important topic for all of us as traders!
