Imo, loses are okay in trading, but losing because of the same past mistake is a problem. Track your losses, analyse your trades and take necessary measures to rectify your trading mistake.
Many of the times losses in trading are caused by unchecked emotions that lead result in making wrong trading decisions. Traders must maintain right emotional balance while trading.
Ignore your losses, and you ignore your growth! Keep track of them and identify why you are losing. Backtest your strategies from time to time to get a clearer idea.
Losses could occur because of flaws in your trading strategy, trading strategy, or risk management. Find out why you are making losses before making a decision as this will get you a better idea how to approach and learn from them.
In my opinion, a trader should never ignore the losses. Rather than analyze them and find where you went wrong. Learn from your mistakes.
It isn’t wise to ignore losses just that. It is important to accept losses and be consistent. Consistency, hard work and patience are very important to be successful trader in the long run.
no way to ignore losses but there is a way to ignore your trading mistake which is really a important task to lead a healthy trading life.
that is really a fine line , if we can avoid the mistake we have already , our trading life will be awesome.