In life, loyalty is good. Loyalty to family, friends and pets are always a good trait, but not for. trader Forex trader repeat (not investors) loyalty could be disastrous. This loyalty to a position that makes you keep losing position more than necessary ..
We've all been in a situation - watch every Tikk on the market, as if our mere presence will lead to a favorable outcome. Each tick victory in our favor, and every tick against us causing pain. It's terrible and destructive for a trader.
It is much better never to become attached to a position or trade ideas. Always stay flexible, knowing that the market can lead to zero, any of your (even the best idea) idea at any time.
If the market did not accept your idea, to close the position and move on.