What do you do after a losing trade?

Discussion in 'Psychology' started by Trader Curt, Apr 4, 2019.

What do you do after a losing trade?

  1. I move on to the next trade. I am 100% satisfied with my loss and don't look back

    23.1%
  2. I move on to the next trade but also look back to see if I could have made a better decision

    56.4%
  3. I shut the computer off and try to think about why my trade was a loss, with no looking back

    0 vote(s)
    0.0%
  4. I stop trading for the day but keep looking at the chart I lost in to learn from it

    2.6%
  5. I don't get out of a losing position until the chart turns back in my favor. I am never wrong.

    17.9%
  1. %%
    Nice finger nails/hands ; but its a violation of one of the 10 commandments of gun safely=avoid all horseplay. Cant be sure 100%- that would be prediction.Good question.
     
    #41     Apr 8, 2019
  2. Handle123

    Handle123

    Nice to have automation, all the emotions are out of my forgetting some nuance, but I still scalp 3 days at least per week to see if it worthy to be programmed. Scalping normally do 30-70 trades a day, a loss is forgotten instant it happens, it was same way when I stopped trading any duration, you do so many trades in over 41 years, losses are like wins, simple don't think of them, am just concerned with percentages of drawdown. And never can remember if market went up or down on the day.
     
    #42     Apr 10, 2019
    CSEtrader and MattZ like this.

  3. I get depressed and cry a little
     
    #43     Apr 11, 2019
    murray t turtle likes this.
  4. I use to cry a lot;
    as a kid, which helps, even though my banker dad said ''dont cry so much, son''

    WHAT did i do ,after cutting a trading loss on LEVI??[The stock not the bluejeans,LOL:D:D,:cool::cool::cool::cool::cool:,:cool:] Sure i looked @ it again; but good thing i got out when i did.

    WE lost money feeding a elephant peanuts, in the zoo; his trunk was in a trading range. But it was still fun. Amazing how that big beast loved peanuts .I remember as a little kid making sure that elephant [@zoo, too] was not going to get mad + start stomping/stampeding ..........
     
    #44     Apr 12, 2019
    CSEtrader likes this.