What if I’m wrong?
I get ideas. Sometimes crazy ones.
I see something in the charts, or read something in the news, or listen to something on spaces and it triggers me into taking action.
Sometimes I’ll take aggressive actions because this idea I have – wherever it came from – is something I feel strongly about. I feel that the odds are heavily stacked in my favor. Or perhaps the payoff, if I’m right, can be so overwhelmingly profitable that it’s impossible to ignore.
We all have these feels about certain trades we’re in from time to time, right?
We get excited. We get optimistic. We start counting our winnings before they’ve even hit our account. It becomes impossible not to daydream.
There’s nothing wrong with any of this.
But what if I’m wrong? [Read more…]