CHP Problem!
CHP had a huge drop in price today. Nagclose sa -22 percent plus pero bumagsak as low as floor kanina.
Marami na naman ang naipit kay CHP just because mahirap magcut ng losses mentally and emotionally.
For a trader to be able to effectively cut their losses ay may certain mental and emotional toughness level na kailangan. Its not na ayaw ng karamihan isave ang port nila mula sa malalaking losses but most just do not have the needed toughness para magcut.
Lahat gustong makabawi sa pagkakaipit, pagkakasunog at pagkakawipeout pero mentally and emotionally ay wala sila sa level kung saan possible na makabawi sila.
The saddest part ay hindi narerealize ng karamihan na there are a lot more to trading than just strategies and technical analysis.
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This is for stock, forex, at crypto traders.
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