In psychology there is a famous principle known as James Lange Principle. It is equally applicable in trading, trading being predominantly a psychological game
That principle says
We don’t run because we fear, we fear because we run
Except in real emergencies, We should stop panicking, stop running in life as well as trading
We will be successful even if we are injured in the beginning. Because when we stop running, we see. And when we see, it changes the game.
Everything is not an emergency
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