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Self-Taught Traders: Don’t Let the "Obsession to Recover Losses" Ruin You Many self-learners rush to make up for losses as soon as they lose money, only to get more trapped the more they add positions. This is a cardinal sin in trading! What you should do most after a loss is not to increase your position, but to stop and review: was it a wrong signal, or a failure in execution? Remember, the loss is already a fact; holding on stubbornly will only expand the risk. Accept the loss, stop loss i
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Graduates average over 21 applications to secure a position. https://www.ft.com/content/867fba45-3d8e-4d84-bedc-0dd9a4e53a11
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