I just made an incredibly stupid mistake.
I mean, just a boneheaded blunder of epic proportions.
What makes it even worse?
It’s something I’m constantly reminding other traders not to do…
And I went and did it myself.
Well, this is what happens when you don’t take your own advice…
You watch $1,600 fly right out the window.
Does it sting?
You know it does.
But here’s the thing…
It’s easy for me to only make videos showing you my winners.
The reality is that we all — and I mean everyone and anyone who trades on the open market…
We all take losses from time to time.
Now if you’re playing your cards right, those losses should only be a few percentage points…
NOT the massive hit that I took on this trade.
But this just goes to show you that even the pros get greedy from time to time…
And take a trade based solely on FOMO — fear of missing out.
Now, I haven’t taken a hit like this in quite a while.
And my Insider Report subscribers have NEVER taken a loss of this size.
Don’t get me wrong — not every Insider trade we issue works out…
But we win more often than we lose, and when we do lose, we lose much less than what we make when we win.
Those are the two key ingredients for long term trading success.