Just as the title says, what do you when the day is not good for you and whatever trade you pick goes against you ?
I was making consistent profits from last 3-4 days but I guess today is not my day.
I picked a trade and lost but then recovered the lost and made profit in second trade.
I could have exited with profits but then I thought of making more profits but the rest 3 tades I picked were on the losing side.
Thus I ended up losing all the profits made in last 3-4 days. Please don't start with greed related stuff but how do you deal with the day ?
First of all loses is inevitable in trading. Therefore what to do when you are experiencing those losses is very important. Before you take a trade you should be able to determine your risk and be willing to accept it. To me if I loss 2 trades on a roll I stop trading for the day. Reduce the number of trades you take daily. 1-2 trades daily is fine if you loss one and win one you are good to go. Another things I do is I go back to my trading journal to check why I took the trade and what is the cause of the loss.