Watching open profit disappear feels worse than taking a loss
One thing I noticed over the years:
A lot of traders can handle losses.
What really affects them is seeing profit vanish.
You’re up nicely.
Everything is fine.
Then market pulls back.
And suddenly:
you exit early
tighten stops too much
keep checking P&L
stop following the original plan
Not because the trade became bad.
Because the mind already started treating that profit as “owned”.
That shift changes behaviour fast.
Took me years to recognise how much open profit affects decision making.