โ๐ On a Losing Streak? Stop! 3 Ways to Save Your Portfolio ๐$RENDER $HYPER $FXS ๐๐
โIn trading, having a series of losses is normal. Even the best traders in the world go through phases where nothing seems to work. The difference is: Pros know when to stop, while beginners blow their accounts.
โIf you are on a losing streak, follow these 3 steps immediately:
1.โTake a Break: If you lose 3 trades in a row, close your laptop. Don't look at the charts for at least 24โ48 hours. Your mind is emotional right now, and emotional decisions are expensive.
2.โReview Your Journal: Once you are calm, look at those losing trades. Did you break a rule, or was the market just choppy? Find the mistake so you don't repeat it.
3.โLower Your Size: When you start again, cut your risk in half. If you used to risk 1%, risk 0.5%. Focus on winning a small trade first to get your confidence back.
โ๐ก Trading Wisdom: The market will be here forever, but your balance won't if you're reckless. Survival is more important than recovery.
โ๐ Question: Have you ever been on a long losing streak? What did you doโrevenge trade or take a break? Let's discuss in the comments! ๐ฌ๐
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