You actually handle these 2 days much better than most traders to be honest.
You’re slightly upset because you didn’t realise the gains you planned for.
But as we say, the first objective of a trader is to stay alive for another trading day.
You’ll make more money on the coming days no worry ;)
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This is very true. There's a passage in Mastering the Trade by Jhon Carter that talks about the same thing.
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I'm very much aligned with this trading psychology. Especially when I was trend trading on forex.
Even a 50% trades win strategy could make very good profit, large wins and small losses.
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This is something I myself am trying to learn now. There are certain trades when you just know it was a mistake....so minimizing the loss on that one with a bigger profit on another trade to balance the books better!
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Absolutely correct, with a good trade size strategy you will benefit from exiting losing trade earlier.
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