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 ?
Try using stops to avoid missing out on profits, if you see that you have a profit on a trade, then set a stop a little lower to either keep the profit you've made or exit the trade at breakeven. As for short-term trading, you should always stick to the rule - always try to take the profit. If every time you open a trade you see profit and miss it, then you need to think about what you're doing wrong. And if it's long-term trading, you can use position accumulation, then don't expect a quick profit, it's more like an investment.