TRADING PSYCHOLOGY
New traders must remember that losing tradings are inevitable and the cost of trading. Do not beat yourself up over losing trades.
Rather journal your winning trades, print out copies of charts where your trades have been winners and focus on those and what your winning
trades look like. After a losing trade allow yourself one more entry at half the risk of the initial trade. If that trades also fails, stay out of the market until the next day. Do not get caught up in revenge trading.
Rather journal your winning trades, print out copies of charts where your trades have been winners and focus on those and what your winning
trades look like. After a losing trade allow yourself one more entry at half the risk of the initial trade. If that trades also fails, stay out of the market until the next day. Do not get caught up in revenge trading.
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