Nah, doesn't bother me. Because I remember all the times the market came close to hitting my stop, but then bounced back. It all evens out in the long run.
Yes, waiting for a setup, and then the trade is a loss. Then having to patiently wait for the next setup while being down on the day.
fact that if you don't make at least 50k per month in trading and drive a fancy car, people think you are just unemployed.
The most irritating thing is that sometimes you really struggle how to discern bad streak of trades from the fact that your system simply doesn't have an edge. Quite a hard thing to do even if you know well how to use statistical tools
IMV... If you're getting a string of losses, either (1) your trades are undisciplined/sloppy, or (2) you're trading against the market's bias.
You must have missed some important news that caused the price to turn around so abruptly and quickly? That's why I always monitor the timing of such news, keeping the economic calendar open and closing my existing profits on trades before such news. You can also use a trailing stop in your trading, which allows you to lock in your existing profit in time in case of an unexpected market reversal.
Distinguishing a losing streak from a flawed system is tough. Backtest extensively across varied conditions to confirm edge. Track performance over a large sample size to rule out variance. If results deviate consistently, reassess strategy. Maintain emotional discipline and trust the data to guide necessary adjustments, not short-term outcomes.