You Need This Reading If Loss Becomes Your Trade Partner. # 6 Most Useful!

If you are stuck with a trading situation that is always lost, look at the chart, you are fed up, read the article and you are lazy, that is a sign that you need something to continue your journey as a trader.

As a trader, there will come a time when bad habits will come and you will be stuck with a prolonged loss. Good progress, lost in the blink of an eye. Motivation is very sluggish and sometimes I feel like giving up in front of my eyes.

There are 6 things that can help you solve this, if read and digested properly.

Trade je lost, trade je lost, STOP trade (temporarily)
The most bitter medicine to swallow for a trader is to admit the mistakes made and continue to learn from those mistakes. Temporarily.

Plus if you trade using real money and within a week depots, depots and depots. Stop trading now! Take time to calm down, and maybe taking a break from trading will give you time and space to improve your trade system.

Take the time to identify where your mistakes are, is it a failure to control your emotions? Your trading system is not strong enough yet? And other things that need to be improved.

There is no ‘comfirm’ in the trade
If you want to quickly improve your trading skills, the way of thinking must also be like a pro trader. Pro traders use probability in each of their trades, not looking for something comfirm.

Many traders seek certainty in trade while nothing is certain in every trade. It is impossible to predict where the price will move but using analysis, the probability of the market moving to where it will increase.

Just like going to war, how can a commander be 100% confident they can win or lose. What helps them is the right strategy, controlled emotions as well as the right physical and mental preparation.

Understand the risks and rewards
Many traders are willing to take the risk of losing $ 100 to get $ 50. Such risk management that will consume the account and disappoint. In trade, there will definitely be a loss. But a trader manages to know how to manage his risk so that the profit always exceeds the loss.

In 10 trades, if RRR 1: 2, 5 lost 5 profit will still see profit at the end of the count. Why? Because only 5 losses and 10 profits. So avoid entering trades that RRR is not good, well do not trade from trades but big losses.

Avoid full margins or elephant lots
Manage the account well even if it looks like a very beautiful setup, avoid trading full margin or large lots, the possibility of MC is very high.


When it comes to MC, the emotions themselves are also going to be disturbed and the probability of giving up in this field is very high.

Stay away from over-trade
Over-trade is one of the reasons many traders are tired of facing charts, severely losing losses and among the most dangerous for a trader.

Early learning to avoid over-trade is difficult. 1 day no trade, itchy hands. 2 days without trading, feeling like hitting the keyboard, the third day of entering the trade after finding a very good setup and the profit will be relieved after that.

Learn, do, learn do
1 bad trader habit is, go to class, read books, go to coaching but when the class is all over, the chart is not opened, backtest let alone.

Learning from the right teacher is also the essence of success. Learn proper technical analysis, influencing economic factors and so on. Even so, the most important thing is the next action. Learn and create, learn and backtest. It will be a very enjoyable experience and journey.

I used to study at school, thinking of getting an A only. This time we study, we can continue to practice, even our own marks can know and see how our skills are.

Conclusion

Being a successful trader is a journey, not a destination. Just like life, it is like a chart. There are times we downtrend, there are times uptrend. The important thing is to always make sure the support is strong and find a way to breakout resistance.

And it is very important to be a first class mind trader, a professional trader, not bouncy, easily adapted to the situation and always be positive about whatever happens.

Keep trying and never look back to give up.