3 Essential Steps to Take after a Large Loss.
http://www.financial-spread-betting.com/Lose-money.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE I know most traders experience some big loss in their trading career and it feels painful and catastrophic. It will lead to mixed emotions like despair, fear, frustration and anger which is horrible because this also hurts your mental capital.
What should we do after we experience a large loss?
1) Stop trading - this isn't easy to do as we really want to recoup our losses. You are trading emotionally which is no good at all - believe me whatever loss you've experienced it can get much worse - I know some traders who ended wiping out their accounts. So force yourself to stop trading at least for a week.
2) Re-focus - lockdown and analyse what happened. What went wrong?
3) Motivate (use as fuel)
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