Post
Topic
Board Nigeria (Naija)
Re: Learn how to accept your loss as a trader.
by
Powerjumboo
on 29/07/2025, 23:03:53 UTC
One of the things that affect some traders is that they don't accept their loss and move on, some traders will want to make back all the money they have lost since they started trading, they carry this as their most and only priority, and that leads to them losing more money.
The reason why you will keep losing more money when you don't accept your losses and move on and stop trying to win back all the money you have lost is that, when you want to win all the money you have lost by all means you become aggressive in your trading and when you are aggressive the effective power of your knowledge will gradually decrease leading to you making mistakes in the course of your trading which will lead to lose, so if you keep trading with the same mindset of winning back all your losses you keep being aggressive and keep losing.
So to avoid more lose as a trader accept your losses and move on, keep an open mind and you will start gaining more than you are losing.
Life happens your loss should be used as a lesson and motivation to achieve success.
Thank you very much for teaching important advice or strategies. There are many here who lose more while chasing losses. One thing to always keep in mind is that when a person is lost on the trading platform, it is better to wait without paying much attention to it. Those who keep chasing losses and see losses think that I will recover anyway, they follow unique ways and it turns out that they lose more. So we have to accept losses and move forward by accepting losses. Those who are real traders always accept the issue of losses and they move forward by using their strategies.