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TRADING BLOG EP. 40 - DEALING WITH LOSSES

Today I had a bad day trading… but that’s okay! Dealing with losses is a major part of being a successful trader. Nobody has a 100% win rate, even with the best strategy. So today wasn’t about making money, but instead following my rules.

I took a total of 3 trades, and every one of them was a losing trade. But they were all textbook trade setups. Let’s say these trades, I didn’t take them – and they worked out beautifully. I’d be kicking myself in the leg, because I didn’t take a textbook trade setup. So, you need to make sure you follow your trading system to the T. every time you enter a trade.

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