Often I hear, after a loss, reassess your trade and try not to make that mistake again. The truth is, about 30 - 40% of the time, your losing trade was NOT a mistake on your part. Now, if you did make a mistake, identify it and dont do it again... but not every loss is an error you made. If you lost, check it out and see why. If you are following your rules and not making emotional decisions, chances are the market simply did not agree with what your system has told you. Again, this will happen about 30% of the time! Keep trading, dont let the losses mess with your head, and keep making good solid trading decisions.
Posted on: Sun, 27 Oct 2013 09:59:55 +0000