Many traders fail due to emotional management issues. It is recommended to post this trading discipline on your screen as a constant reminder:
Lost three trades in a single day? You should decisively shut down, pack up, and go home. Don’t overthink, don’t try to counter the trend. Your state is already deteriorating.
Have three trading days within a week where you are losing money? This is an even bigger signal—stop trading, take a few days to calmly review, and identify where you went wrong. No review, no action.
Two weeks in a month are on the verge of floating losses or even liquidation? It’s time to exit completely and take a break. Travel, exercise, do anything unrelated to trading. Once your mindset and thinking are back on track, consider re-entering the market.
This is not pessimism; it’s a trading philosophy for longer survival.
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AllInAlice
· 18h ago
That's so true, especially the part about "no review, no action." I hadn't been doing that before, and as a result, I kept digging myself deeper.
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GreenCandleCollector
· 18h ago
That's right, but too many people stay up late watching the market and ruin themselves, then still try to turn things around aggressively... There's really no hope for that.
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0xSunnyDay
· 18h ago
That's so right. Three stop-losses a day, I might as well just turn off the computer and go play games.
Losing three times a week is a sign of being chosen by the heavens; it's time to reflect.
Still holding on the edge of liquidation? That brain really has no hope.
Living longer is the real winner; what's the point of trading when you're out of money?
Honestly taking a few days off is more refreshing than anything else.
How many people can truly do this? Anyway, I can't haha.
Discipline is the easiest to talk about but the hardest to implement. Now there's no money in the account again.
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RektCoaster
· 18h ago
That was really harsh, but it truly hits home. I'm the kind of idiot who keeps holding on even after losing three trades in a day, only to lose everything in a week. Now I understand that cutting losses early is really not just talk.
Many traders fail due to emotional management issues. It is recommended to post this trading discipline on your screen as a constant reminder:
Lost three trades in a single day? You should decisively shut down, pack up, and go home. Don’t overthink, don’t try to counter the trend. Your state is already deteriorating.
Have three trading days within a week where you are losing money? This is an even bigger signal—stop trading, take a few days to calmly review, and identify where you went wrong. No review, no action.
Two weeks in a month are on the verge of floating losses or even liquidation? It’s time to exit completely and take a break. Travel, exercise, do anything unrelated to trading. Once your mindset and thinking are back on track, consider re-entering the market.
This is not pessimism; it’s a trading philosophy for longer survival.