When The Remedy Is Worse Than The Disease...

When The Remedy Is Worse Than The Disease...

Hey Trader, Sometimes the remedy is worse than the disease. In trading, it's very easy to become stubborn when we're losing a trade. We've all been there. We figure the stock will turn soon, and the last thing we want to do is sell at the bottom or cover at the top (understandably). But some traders will double down instead of admitting they were wrong. They forget a stock can always go higher when you're short and lower when you're long. That's when massive losses happen… and remember, one single loss can wipe out an entire account. So instead of accepting they were wrong and taking a small loss, they make it worse by doubling down… And they often end up suffering bigger losses. Adding to a losing position is never a good idea. Don't be stubborn - take the loss and move on to the next one. That said... >>>  Click here to discover how Hawkeye can help you avoid the disease in the first place. To your success, Anthony Speciale Jr Hawkeye Traders team1@hawkeyetraders.com Call us: (888) 233-8598 DISCLAIMER: * Futures, stocks, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures, stocks, and forex markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, stocks or forex. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. Past performance of indicators or methodology are not necessarily indicative of future results. CFTC Regulation 4.41 These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown. We'll always treat your personal information with the utmost care and will never sell it to third parties. You can find out more about what data we hold about you, why we need it, and how we keep that information safe in our Privacy Policy.

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