Post
Topic
Board Trading Discussion
Re: How do you handle losses in trading?
by
Yatsan
on 06/06/2020, 03:23:18 UTC
Just take a break if you can't handle your losses and call it a day. Don't try to push yourself too much or else you might be chasing losses if you force yourself. It's all about the discipline and patience that you give each time you are trading. There's no way a single person can get rich in a single day, it all takes time. I am not that a hard trader just like the dedicated one but I always make sure I will gain a profit each time I trade.

Yeah, small break maybe a day or two will be the best way to handle the loss. In my personal experience, when I loss I am also losing my temper and going to trade high amount of money to get back the money that I loss, the ending is very predictable, I also loss that trade and ending up losing almost all of my capital. Taking a break is always be the best way for me to handle losing trade.

And also I highly suggest to avoid this kind of scenario is to always set up a stop loss.  Cheesy