The Big Losing Trade — Learning the Hard Way
It’s been a while since we talked, and we hoped to return with better news than this. We’ve made a lot of good trades lately and done some good things. However, we also lost a big one.
A $7,896 big one…
When you lose like this, it’s easy to panic and beat yourself up. That’s just a part of trading. You win some, you lose some.
And that’s okay — as long as we learn from it and understand our mistakes. Our mistake this time was breaking our own rules.
Our Big Mistake Led to Our Big Loss
We tried to tell ourselves a story about the election. By that we mean that we tried to predict the news and make decisions off of those predictions.
As if anything in 2020 can be predicted.
That’s why you should always listen to your rules — not your story, or even us! Kidding. We’re both a good example of what to do and what not to do.
Check out our video below so you can see the error and give us a chance to explain ourselves — maybe you can learn from our mistakes too.