One side effect of using too large of position sizes when trading is it causes a reluctance to close at a loss.
A small loss quickly turns into a big loss. "I can't close it now I'll wait for a bounce to close." .. and it never bounces and the loss keeps growing and growing.
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One side effect of using too large of position sizes when trading is it causes a reluctance to close at a loss.
A small loss quickly turns into a big loss.
"I can't close it now I'll wait for a bounce to close."
.. and it never bounces and the loss keeps growing and growing.