Post
Topic
Board Trading Discussion
Re: Constantly burning out my trades. What do I do to avoid this?
by
sheenshane
on 15/12/2020, 22:26:30 UTC
How do I safely recover my losses, preferably over a short period of time?
Chasing your loss from trading isn't a good practice, you should set first an amount that you willing to put at risk, no matter what happens win or lose you will never chase it.  That's why in trading, there's a saying that trade an amount that you can afford to lose and accept those consequences ahead once there's a failure.

Just move on and accept your losses, just sit back and analyze very well your failure which should never happen again.  That's my personal advice IMO even though ain't a regular trader but I know how to control my feelings and emotions.

Anyway, if you were really desperately wanted to recover your losses it will probably take time for you to do that.  There's no way to gain massive profit in just a short period of time, there's a process in it.