Why You Can't Cut Losses

Does it sound familiar

I am very poor at taking loss when a SL is hit,and exit quickly as soon as profit is seen on my trade.You tell yourself you’ll get out as soon as SL is triggred, but just before getting stopped out you decide to hold onto the trade and let the loss grow.

When it comes to profitable trading, If you want to be successful You must get comfortable in taking loss. With leverage, one loss which is allowed to keep running can clean out a whole account.
Trader  should be trading with a plan that has been profitable over  a period of time. None of us likes to lose, but when it comes to trading if you want to be successful you should take loss with a smile and prepare yourself for next trade.

What Causes a Trader to hold onto losing trade

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