Post
Topic
Board Trading Discussion
Re: Positive mindset is needed during trading loss.
by
Mame89
on 23/04/2025, 15:37:45 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.
Mindset like gambling must be avoided from the trading world, even in the gambling world having a mindset of gambling as a way to get rich quick is a mistake, especially in the trading world which is full of risks and full of complications. Skills and mindset must be right when entering the trading world, so that this makes us feel comfortable even though when trading experiences defeat we do not panic, in fact by experiencing loss we can learn from mistakes and rearrange strategies.

So indeed when entering the trading world it is very important to have the skill to master trading knowledge sufficiently so that we can always think positively when experiencing loss. Because believe me all traders must have experienced loss, and traders who can make it an experience will slowly succeed in trading.