One of the most difficult things to do in a trade is change your mind. Trader paralysis sets in and it becomes easy to freeze and simply stare at the screen like a proverbial deer in the headlights.


But being able to change your mind - admit you are wrong, change your analysis as new information becomes available and get out of a trade early - can be an asset to you as a trader.


In this video I talk you through my first trade of the week where I changed my mind due to the price action evidence on the charts.


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