Why Setting Expectations Sets You up for Disappointment and Failure In Penny Stocks
Setting expectations in day trading can surely cause a reality check that leads to disappointment and failure. After 12 years of learning how the stock market works I know 100% that anything can happen on any given trade.
Day trading successfully is all about managing risk. Not picking the best stocks! Its about keeping your head clear and the ability to think rationally. If you expect something to happen, and it doesn’t, your head is no longer clear. You are upset and disappointed which leads to bad trading. That is why i always follow the NO EXPECTATIONS RULE!