How do you handle your losses?

[Oliver_30]

Profits and losses are part of daily trading. One day you have a profit another day you have a loss. It is a part of the process. Sometimes you get consecutive losses and profits. I would advise not to let the losses de-moralize you. Take it as a challenge and come up with some new strategies to overcome that loss.

 

[jim67]

Profits and losses are part of daily trading. One day you have a profit another day you have a loss. It is a part of the process. Sometimes you get consecutive losses and profits. I would advise not to let the losses de-moralize you. Take it as a challenge and come up with some new strategies to overcome that loss.

at what point do you let the consecutive losses just be a bad streak before you change to a new strategies?

 

[Enayess]

During unsuccessful transactions, the main thing is not to despair and take a short pause. You need to listen to music, meditate, just distract yourself from trading. It is important to reboot your brain and not to let negative emotions take up above you in further trading.

 

[adcrook]

Profits and losses are part of daily trading. One day you have a profit another day you have a loss. It is a part of the process. Sometimes you get consecutive losses and profits. I would advise not to let the losses de-moralize you. Take it as a challenge and come up with some new strategies to overcome that loss.

it must be hart to over come at times especially with the world at the moment is it good to partner up and work with others to build your knowledge.

 

[Akimuro]

Of course, losses are an integral part of trading that you can't go anywhere. All traders once faced failure, but not everyone can adequately take it and draw useful conclusions. I often hear the thought of calming down and analyzing your mistakes. In words, it sounds very simple, but in fact, it is tough to fence yourself off from the problem and take apart your mistake on a cold head. I highly recommend meditating or going out into nature to calm yourself down and get away from the recent loss. Your psychological state is the basis for successful trading, and that is why you should always keep yourself in good shape.

 

[ZzzzzzZ]

Ima don't think about. If Ima think Ima cryin'

 

[perryjohn765]

Losses are something that we cannot avoid, but can control how much you can loose in a single trade and for a month with planned RR ratio. If we are consistent with our set system of RR and RTP with improving strike rate, we can stand with profitable money in our pocket. Never get carried away by emotional trading.

 

[JayJones]

Just don't lose lol

 

[RooRoo]

Review the trade, and learn from it, move one!

 

[Fruby]

Of course, losses are an integral part of trading that you can't go anywhere. All traders once faced failure, but not everyone can adequately take it and draw useful conclusions. I often hear the thought of calming down and analyzing your mistakes. In words, it sounds very simple, but in fact, it is tough to fence yourself off from the problem and take apart your mistake on a cold head. I highly recommend meditating or going out into nature to calm yourself down and get away from the recent loss. Your psychological state is the basis for successful trading, and that is why you should always keep yourself in good shape.

Agree 100%