👉How to recover from trading losses?
I know losing streaks are so much frustrating...Even I have gone
through this.
Here are a few tips that helped me to recover losses and avoid it.
Trend is your Friend
Trade in the direction of the overall market trend.
Following this trick will maximize your chances of making profits.
Take a Break
A few day's break from trading will help you to recover from your emotional state to your normal logical state.
Backtest and Improve
In order to recover your losses you need to
have a proven strategy with a good risk-to-
reward ratio.
Backtest your strategy and continuously improve on it...until you get your desired results.
Tough times never last, but tough people do. This losing phase is a part of every successful trader's journey.
But those who stay in the game,
eventually get success.