Taking consecutive losses in trading has led to a lot of blown accounts.
Losses affects us psychologically and doesn't make us think logically.
Just wanna know how you get yourself back in right state of mind after taking a loss or better still, how do you handle losses?
Share your experiences and techniques, this will be helpful.
Losses affects us psychologically and doesn't make us think logically.
Just wanna know how you get yourself back in right state of mind after taking a loss or better still, how do you handle losses?
Share your experiences and techniques, this will be helpful.
Trading isn't an easy task nor a simple game. A trader must always set his psychological stability before taking any steps in trading as risks are common in the matter. Also, a good trader doesn't always learn just because he has been told that he must be stable under any pressure, but rather by experiencing such losses in trading and coping it up. Professionals can also loss a trade, but then it is by experience that makes him invulnerable to such psychological breakdowns.