Quote from: palle11 on Today at 07:18:41 PM

Quote from: Rexler on August 23, 2021, 09:42:17 PM

For me i don't really welcome much losses, I try to make sure my trades are good enough and onset and if a trade gives me a loss I will check if I got enough equity I will do hold on the trades and be rest assured it will end up in profit. Well I think the amount of loss I can handle depends on the account size, if I got a bigger account then I can handle up to 3 or 4 loosing trades and if the market doesn't moves in my favor I will know such strategy isn't working for me any longer so I did change pattern of trading

There are different areas of your response here and I will respond all together. First, understand that losing is part of the trading business and a strategy that has been working for you to make profit does not need to be changed because of a loss, because such loss can be temporary. The market plays a funny one on the traders so that your effort looks rubbish to you. You can look deeper to understand is just market going wrong and not your strategy, it will get back to be corrected again after the volatility.

And holding up a losing trade is a waste of time for you because you will also get stocked as the trade, use stop loss, minimize your risk so that a lost trade can matter just little and you have another chance to trade.

Thing here is that majority of us is trying to be perfectionist on where we don't really like to suffer loss and when we do then that's the time frustration and stress kicks in which is really very wrong.

Losses are really normal because there's no such man to be called on having perfect trades.What we do have here is that we do tend to really be sustainable and that's what people should be thinking off.

Consecutive losses would happen and as mentioned it would always be ideal on setting up stop losses and minding off on how you would able to recover those losses on your next trade but of course

you don't need to rush up yourself because it would just create some hasty actions which would really likely to make more losses which we don't really like for it to happen.