Breakeven Traders: The Worst Kind Of Trader!

Let’s say nasa boy scout at girl scout camping kayo.

May wall climbing na portion.

Aakyat kayo sa wall na hindi naman gaanong mataas with safety gears at once nasa taas na kayo ay tatalon kayo sa pool.

One of your classmate made it up sa taas pero ayaw tumalon sa pool.

You all asked that classmate tumalon para makaakyat na din yung iba pero wala. Andun lang siya sa taas nakatayo.

Your teachers begged na bumaba na lang siya ayaw niya din.

You all waited until dumating ang firetruck at kinuha siya via ladder sa taas.

Yung kaklase mo na yun ay maihahalintulad sa mga breakeven traders.

Breakeven traders will always choose to breakeven kesa matalo.

They trade for breakeven.

Ang pagbreakeven ang mahalaga sa kanila.

“Kahit walang panalo basta breakeven!”

They will set their stops sa breakeven and exit early palagi.

These traders will never prosper sa trading kasi they are too afraid to lose and take risks.

Minamanage ang risk sa trading at hindi iniiwasan.

Walang masama sa breakeven kung yun na outcome ang bigay ni market sayo pero purposely hunting for breakeven is bad.

You will cut your winners short palagi.

You will still take on losses despite panay habol mo sa breakeven kasi hindi naman ikaw ang may control ng market but yung pagcut mo ng winners mo short dahil sa breakeven will work against you.

Chasing breakeven is just a manifestation of your fear sa losses.

If you want breakeven at ayaw mong matalo then trading is not a place for you kasi you will either end up na naipit, nasunog or nawipeout.

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