Trading Psychology Tools

Am I holding this winning trade past my target because my thesis changed, or because of greed?

Answer 8 Questions

Answer based on this specific trade, right now.

1. Why are you still holding past your original price target?

2. Have you moved your stop-loss up to protect the gains you already have?

3. Could you write down, right now, the specific new price or condition that would make you sell?

4. Has the reason you originally entered this trade actually changed, or just the price?

5. Are you thinking about how much money you'd give up by selling now?

6. If this position dropped back to your original target price right now, would you be upset?

7. Are you picturing how big this could get if you just hold on?

8. Does your plan for this trade include a rule for what happens after you hit your original target?

Your Result

Answer all 8 questions and click See My Result to find out whether holding this winner is discipline or greed.

How this is calculated

Risk & liability disclaimer: This calculator produces a mathematical estimate based on the numbers you enter. It is not financial advice and does not guarantee any trading outcome. Trading involves risk of loss, and past position sizing decisions do not predict future results. Trading Habits is not a broker-dealer, registered investment adviser, or tax professional, and is not affiliated with any broker, exchange, or data provider. We do not guarantee this tool is error-free or suitable for your situation - always verify results independently and consult a licensed professional before making any trading or financial decision. You could lose some or all of the capital you trade with.