Post
Topic
Board Trading Discussion
Re: Accepting this reality of trading has helped me a lot.
by
Issa56
on 14/07/2024, 21:35:11 UTC
What do you do when you take a loss?
I know losing is normal in trading, so if I lose in a trade, I don’t take it as anything special, because I know it’s normal, but whenever I notice a continuous loss in my trade, then I do stop trading for that time just to calm myself, check the causes of my loss, and if that’s what I will have to do more research about, then I will do it. If you are a trader and you have a trading strategy that works for you, don’t think it’s going to be forever, things do change, so you have to keep updating your strategy as well. Sometimes when I make profit, I always take my time to check things that I did that made the trade to be a successful one, and when I lose, I do check the cause of the loss.