Since I’m leading trades, it does affect my mindset, so I’ll correct course promptly... Next time there’s an opportunity, I’ll leave part of the position open for the bigger picture. But turning profits into losses, repeatedly giving back gains, and occasionally getting stuck in a position or taking a direct loss are common with these longer-term trades. It’s okay to hate letting go of your “child”—sometimes you have to throw out a bit of meat to lure the wolf, right...

Everyone, don’t make any moves recklessly. I’ll reduce positions or cut losses depending on the situation. There’s nothing wrong with cutting losses; one or two winning trades will make it back. Only when you can truly accept losses will you be able to start making money. That’s the truth.