Nov 21/14 – Sometimes you make a mistake

Sometimes in trading, the most well thought plan ends up looking just plain stupid in hindsight. You say to yourself, “why the heck didn’t I realize that before I put the trade on?” You cringe as you have to cover your position on what was obviously a big mistake.

But pretending you didn’t make the mistake doesn’t help. All you can do is fix it, and driv…