How do you handle your losses?

Oliver_30

Private
Messages
24
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

Private, 1st Class
Messages
145
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

Recruit
Messages
108
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

Private, 1st Class
Messages
39
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

Recruit
Messages
12
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.
 

perryjohn765

Private
Messages
20
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.
 
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