Imagine you are in a trade and the result is better than you initially expected. At first you have a wave of excitement that the trade is doing so well. But then you realize “S**t what do I do next?”

Do you take your profits and run?

Scale-out? Scale-in?

Leave the trade to run some more?

You’re left feeling frustrated, rushed and may struggle to make logical decisions under pressure.

Operating under these conditions, you are significantly less likely to perform at your optimal ability. The decisions you make may be extremely different to how you would react when looking at the situation in hindsight.

So, how do we overcome this?