The Most Dangerous Sentence in Trading
"It will come back."
Those four words can turn a planned loss into an uncontrolled position.
Price moves against the trade, but instead of reassessing the setup, I start hoping for a recovery.
Sometimes it does come back. That doesn't make the decision safe.
Before entering, I need to know what invalidates my idea and how much I'm willing to risk.
Hope can be an emotion. It should never be my exit strategy.