EXPLAIN THE DECISIONS MINUTE BY MINUTE
To understand what happens in the mind we look step by step. These are one minute candle charts, regular and the Heikin About 49 one minute candles that could have been exited on...but each candle came and went...still holding...why? Fear the loss was too much? Certain it was just in a pullback? It's climbed so high and long it can't be turning around all of a sudden now, there was news, gonna bounce. Looks better on the one minute the 15sec it looks bad. Oh well the 5 min. nothing closing below the 9ema yet and if we cut it we don't have enough to buy in with this many shares. On and on the conversation goes until the "wow, that's a bunch of money, i'm kind of paralyzed, just gamble now the odds predicting it will reverse so will stay on the slide. or "it's not that big of a position ok if I lose a chunk on it cause I'm pretty sure it will pull up and resume it's happy climbing. all these devil whispering and more considered, this tra...