Doubling Down Your Trades

Doubling down on your trades can come at a huge cost for traders, resulting in staying in a trader longer than you ever expected, at a price you never imagined. What should a trader do when they find themselves in this position? Should they continue to double down, or cut and run. In the future, what can a trader do to prevent this from happening? In this podcast episode, Ryan dissects the mental decisions that lead to this bad trading practice and what you can do to prevent it in the future. Be sure to check out my Swing-Trading offering through Patreon that goes hand-in-hand with my podcast, offering all of the research, charts and technical analysis on the stock market and individual stocks, not to mention my personal watch-lists and regular updates on the most popular stocks, including FAANG stocks, Microsoft and Tesla. This is provided each and every week! Check it out now at: www.swingtradingthestockmarket.com 📈 START SWING-TRADING WITH ME! 📈 Click here to subscribe: https://shareplanner.com/tradingblock — — — — — — — — — 💻 STOCK MARKET TRAINING COURSES 💻 Click here for all of my training courses: https://shareplanner.com/academy - The Winning Watch-List — https://shareplanner.teachable.com/p/the-winning-watch-list - Patterns to Profits — https://shareplanner.teachable.com/p/patterns-to-profits - Get 1-on-1 Coaching — https://shareplanner.com/academy — — — — — — — — — ❤️ SUBSCRIBE TO MY YOUTUBE CHANNEL 📺 Click here to subscribe: https://www.youtube.com/shareplanner?sub_confirmation=1 🎧 LISTEN TO MY PODCAST 🎵 Click here to listen to my podcast: https://anchor.fm/swingtrading — — — — — — — — — 💰 FREE RESOURCES 💰 Trading Tools: https://bit.ly/2FkClmF My Website: https://shareplanner.com — — — — — — — — — 🛠 TOOLS OF THE TRADE 🛠 Software I use (TC2000): https://bit.ly/2HBdnBm — — — — — — — — — 📱 FOLLOW SHAREPLANNER ON SOCIAL MEDIA 📱 INSTAGRAM: https://instagram.com/shareplanner FACEBOOK: https://facebook.com/shareplanner TWITTER: https://twitter.com/shareplanner STOCKTWITS: https://stocktwits.com/shareplanner TikTok: https://tiktok.com/@shareplanner *Disclaimer: Ryan Mallory is not a financial adviser and this podcast is for entertainment purposes only. Consult your financial adviser before making any decisions. --- Support this podcast: https://podcasters.spotify.com/pod/show/swingtrading/support