eality of trading has helped me.

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eality of trading has helped me.

I realized that losses are part of the process trading. Losses happen to the best traders. The best traders I know do not have a 100% win rate.

When I take a loss, I sit down in order to:
a) review the trade
b) learn from my loss

What do you do when you take a loss?

Hasitha Jayaweera Answered question September 10, 2024
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Losses will always be a significant part in trading. You won’t be a good trader in the process if you never see yourself losing at some point. However, losing for several years is already another story. You can’t just trade and endure losses all the time. You need to assess your trading potentials if you still have it or you’re not actually destined to be a real successful and profitable trader. Otherwise, going back into pure investing will be a wise option. With hodling for years, you’ll still end up making a good amount of profits same like trading, or even better than those.

Hasitha Jayaweera Answered question September 10, 2024
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There’s no perfect traders in the market, all have their fair share of losses before they achieve their current position they are enjoying right now. Acceptance is the key, and always bear in mind that before you succeed in this trading journey, you need to experience those inevitable losses at first that will build your strength and confidence as a trader.

In times of loss, I don’t resort actually into regretting or panicking because I lose some good amount. But instead, I learned from all of them and develop new strategies that will help me improve my trading skills and performance as well. And continue to stay positive that these losses will eventually lead me to my sweet fruit of success, and I’ve never wrong with that because after series of losses, now I’m starting to reap the good profits in trading.

Gihan Wijethunga Answered question September 10, 2024
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