HOW TO DEAL WITH LOSSES IN TRADINGNobody likes to lose. Its an undeniable fact that we should accept. Trading is related to wins and losses that we also cannot doubt about. Thus, having losses and feeling uncomfortable with them is common in trading, however, each perceives it in their own way. And this way of perception significantly influences the results of trading. Here a common mistake appears: The people are not accepting losses. Almost everyone feels more negative emotions having a loss of the amount A and less positive feelings with the same amount of profits (here we deal with humans psychology).
Let us look at how it works. Below you can see the charts with two assets you invested in a year ago. The first one (A) is bringing you profits, while the second one (B) losses. And imagine you have a choice to close one of the trades to buy a new asset. What would you do?
https://i.postimg.cc/k444LK5T/losses.pngRead the full post here: https://www.bitinsure.com/blog/how-to-deal-with-losses-in-trading/
