You’re in a trade, and it’s not working out how you initially planned!
But, instead of exiting, you think, “Maybe if I just wait… it will turn around.”
Then you start running numbers in your head: “If it just moves back to my entry, I’ll break even!!”
“If it hits this target, I’ll make X amount of dollars…”
The thing is; in this moment in time, you’re not trading the market anymore.
Instead, you’re trading a story… a story of what could happen; a story of hope.
