The biggest issue with short-term swing trading is that after forming a habit, you encounter a sharp decline or a strong rally. Spot trading is manageable because it essentially involves taking only one direction. But futures trading is different—it involves both long and short positions, and trouble is inevitable. To avoid disaster, you must fight against human nature and develop the discipline to stick to your predetermined stop-loss, rather than adding more positions to average down. The more times you add positions to ride out losses, the closer you get to falling into a complete abyss.
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