How composed are you when you took big loss?

Discussion in 'Psychology' started by turkeyneck, Oct 9, 2008.

  1. xxxskier

    xxxskier Guest

    i meant to say composure after a win is as important as after a loss.
     
    #41     Apr 16, 2009
  2. Mr J

    Mr J

    Double-digit losses? Certainly not on one trade, and it'd likely take dozens of trades. Double-digit losing runs are to be expected, so when they come there should be no emotional response.
     
    #42     Apr 16, 2009
  3. NYC212

    NYC212

    just had my worst day today. Im holding in there. all my gains from the month of April are about gone. I climbed the mountain and fell off.


    trades were going against me and I continued to add on size assuming they would come back around but they never did.

    I almost want to do "cover 100%" when IM down a certain amount. -------bad idea I bet
     
    #43     Apr 24, 2009