eality of trading has helped me.
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?
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.