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     5 months ago  

    Want to know a mindset shift that changes how money is viewed?

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       5 months ago  

      Scenario: On April 1 a portfolio was 100k and climbed to 140k by yesterday's close, then a day of stops reduced it to 130k. Is that a 7.14% loss today or a 30% gain for the month?

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         5 months ago  

        Unrealized gains ARE NOT YOURS. They belong to the market!

        To mitigate volatility, trim into extensions. Stressing over every down day as if gains on open positions were owned prevents comfortable scaling.

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           5 months ago  

          Treat each buy or sell based on its own price action. Stop checking portfolio value constantly as if money in open positions is already owned; frequent checks lead to emotional, sloppy execution when focusing on the whole instead of the individual parts.

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             5 months ago  

            If stock A is still performing well, it shouldn't be sold just because a small loss occurred on stock B. Exit B and let A run on its own merits. Emotional decisions driven by money ruin chances for real growth

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