Accepting losses is one of my biggest struggles as a trader. I'm sure I'm not alone. Especially green-to-red lossses. Trading smaller is a good remedy, but then I also need to STOP trading. 3 losses in the same day is a sign that I'm not keyed in, or they climate is not right for my system. No reason to chase. Just take the rest of the day off!
Popular Posts
-
Today's goal was to hit and run, for 10% and peace. I did 20% in just 10 min. Ba-BAM! The past several days I've stuck around, tryi...
-
It's been a tough week. Monday holiday. Tuesday huuuuge loss day. Wednesday and today chop for miniscule gains. Tomorrow I'll need t...
-
Reviewing my p/l spreadsheet, it is obvious what kills me is outsized down days. REPEAT: It is obvious what kills me is outsized down days...
-
I've gotten chopped up the past 2 days. Some big losses, esp in AAPL overnight which stopped for a loss today (not included in daytradin...