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EXCERPTS FROM "ASHU DUTT'S TRADING FOR A LIVING"
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Traders also undermine performance by cutting profits on good positions. This is usually a self-denial issue, in which we understand at a subconscious level that we're in a great position. But for some reason we don't want the winning experience and exit with a small profit just before the trade would pay off in big bucks.


- Richard Wyckoff