Most traders protect their stop-loss.
Very few protect their mind.
One loss → frustration.
Two losses → revenge trade.
Three losses → “I need to make it back.”
That's where a small loss becomes a big problem.
Sometimes closing the chart is part of the strategy.
Your next trade doesn't need to fix your last trade.
It just needs to be a good trade.
Very few protect their mind.
One loss → frustration.
Two losses → revenge trade.
Three losses → “I need to make it back.”
That's where a small loss becomes a big problem.
Sometimes closing the chart is part of the strategy.
Your next trade doesn't need to fix your last trade.
It just needs to be a good trade.