Quote from: Rockstarguy on February 10, 2025, 05:13:12 PM

Quote from: Jewan420 on February 08, 2025, 05:05:19 PM

Quote from: pawanjain on January 30, 2025, 06:07:44 AM

Just as the title says, what do you when the day is not good for you and whatever trade you pick goes against you ?

When I have a bad day, I consider taking a long vacation. A few weeks ago, I lost the money I had made trading for 7 days in just 1 day. I couldn't control myself and lost all my profits in the recovery plan and my head was not working. Then, as per my friend's plan, I took a vacation of about 7 days and tried to clear my mind which was completely beneficial for me. From there, I was able to get back on my feet and trade happily. I think a trader should make a monthly schedule where 1/4 of the time should be reserved for vacation. Mental health plays a big role in trading. If you are mentally confused, your chances of losing increase.

In trading their are days for profit and their are days for loses too, and it is important for traders to know trading is all about gain and lose, when this understanding is there about trading, when one loses money in trading it won't be any problem for one to start feeling sad and thinking of how to recover money that was lose back.

When one is having a bad day in trading it is better to just have a break, for good reasons because trading loses can be stressful. Another reason why I think taking a break in trading is also important is to analyze and to reflect on mistakes. Trading can be unpredicted, it is still positive for one to continue to experience lose after several loses, taking a break is the best decision for trading.

Very good advice i know from you. If a trader a lost significant amount in trading then definitely will be disappointed for loses, and can't forget an easily, i am regretting my last loses in trading but i am taking a break from trading and when i feel good and find out my mistakes then again i will come back in trading.