Post
Topic
Board Trading Discussion
Re: Positive mindset is needed during trading loss.
by
MarjorieZimmermanGinger
on 20/04/2025, 06:44:06 UTC
It is true that when we continue to experience failure, it will certainly be difficult to find sources of capital that we will use in the next trade and I think it would be better for us to re-learn the mistakes that made us fail when trading while collecting capital for trading because without understanding the mistakes we made that resulted in losses, we will experience the same losses again when we return to trading.

First of all, practicing trading skills will of course be very important in order to be successful in trading and we must also be prepared for failure and it is true as you said that it is not easy when experiencing continuous failure, so it is very important to first study well before deciding to trade.
If you do not have good skills, then you should not be too hasty to get directly involved in trading because it will be quite risky to get involved in trading when someone does not have good knowledge. It is difficult to survive in trading when someone experiences continuous losses so what is needed is to train skills to be better before getting involved further. The mistake many people make in trading is like gambling because they think they can get lucky when they get involved in it.

This is a wrong step because without knowledge and experience trading is not something easy to do so forcing yourself will not provide any benefits. It is better to practice skills first and if you want to be directly involved then use a much smaller capital so you can avoid big losses when learning to trade.