Options Trading Psychology: Stop Loss Aversion From Costing You Money! 🚀
Do you struggle with letting winning options trades run and selling losers too early? You’re not alone! This is a common problem for options traders due to loss aversion, a mental quirk that makes us fear losses more than we enjoy gains. In this video, we’ll explain what loss aversion is and how it can hurt your options trading performance. We’ll also reveal a simple strategy to combat loss aversion using limit orders to take the emotion out of the equation and potentially boost your returns!
