Post
Topic
Board Trading Discussion
Re: Positive mindset is needed during trading loss.
by
Lanatsa
on 20/05/2025, 18:25:55 UTC

Most traders take losses and get frustrated why their trading strategy is not working.


I would also add that many traders not only get frustrated that their strategy does not seem to be working, but they constantly change their strategy, based on short-term results of their old strategy.

Not only is this counterproductive, it also is not a good way to measure their strategy success rate. 

I used to do that in my newbie trader days as well. Strategy A did not work yesterday, therefore I implement strategy B - Big mistake that cost me a lot of profit, had I only stuck with strategy A for longer.
We are all guilty with this for sure on which on the moment that we are still newbie then our mind will be that not fixated into something on which we will be keeping out on making different approach on trying out different strategies that we do able to see or check out with other people or we have been able to search on the internet. When we are facing up some loses on trading then its normal to have reactions, the only things that differs on each individual is that on the level on how they do react on which there are some who do easily moves on and find for another ways and learn up with those mistakes or errors and to those persons who do just become impulsive and wont be able to control up their emotions on which this one will be resulting into those actions on which it do ends up on becoming like gambler on which this isnt that recommended at all. When you are at loss, then try out to make some journal and check out those loses on what are those mistakes that you do commonly do.

Dont change up your composure or your emotions because once you do find yourself having that kind of impulsiveness then you do act as a gambler on that case and thats not recommended at all.
Make it sure that you do make your emotions being that intact or not become that having no control because this is where most people do lose up their cool and forgot into those earlier plans that they have set on.
We cant be perfect all the times but once you do acquire up such enough knowledge and experience then its impossible that you cant be able to determine out such situation.