Indecision is one of the most common ways to fail.

Indecision is one of the most common ways to fail.
Photo by Kyle Glenn / Unsplash

Indecision is one of the top reasons why I see traders fail. Frankly, I've been there and done that. I was new to do this at one point too, and I've made every mistake in the book because I'm indecisive and stubborn. When I started, I too would go online, get told some advice, and brush it off as BS.

I know there's people reading this blog that are going to brush off a lot of what I say. But if you learn from my mistakes, you'll be better off. Few things will make you lose money quite like going back and forth, racking up loss after loss, because humans never seem to have indecision when winning. And even if we did, well, you're in profit so the worst thing possible is you close early and don't get as much profit as you could have, which is far better than loss after loss.

So, I guess the question becomes how do you fix it? Well, I find that a lot of things solve themselves when you