Loss and profit are part of trading, you can’t go ahead without having losses in trading. Have a positive attitude, wait for the correct opportunity and then trade again.
It’s true. Losses are an important part of our trading career and we cannot move ahead without making losses. Don’t overtrade even if you make losses.
After loss trade some people do revenge trade. They become desparate to recover the loss. But revenge trade brings more loss. A trader should stick to his strategy and plan.
A trader should have good plan and strategy to minimize risk. Loss will happen. But after loss, one needs to find out why the loss happened? Then wait for a good set up to entry.
Apr 06 at 14:06
Akasuki posted:
After loss trade some people do revenge trade. They become desparate to recover the loss. But revenge trade brings more loss. A trader should stick to his strategy and plan.
Loss is unavoidable. So, try to recover the loss with the proper trading plan, not with just emotion.
Apr 07 at 06:13
losses can occur most of the time for same reason , and its very very common we the traders always do same mistake again again. actually same mistake is a choice ,
LyudmilLukanov posted:Akasuki posted:
After loss trade some people do revenge trade. They become desparate to recover the loss. But revenge trade brings more loss. A trader should stick to his strategy and plan.
Loss is unavoidable. So, try to recover the loss with the proper trading plan, not with just emotion.
Yes try to remove emotions as much as you can, otherwise it will lead you in more losses. Be positive, rectify your previous mistakes and then trade.
Apr 07 at 12:42
It’s true. Losses are an important part of our trading career and we cannot move ahead without making losses. Don’t overtrade even if you make losses.
Apr 22 at 11:00
Yes, having the right mindset to deal with any loss can be a helpful tool for traders.
Apr 22 at 11:02
To deal with emotions practice meditation and yoga, this really helps.
