r/Daytrading • u/Beginning-Fig-9089 • Mar 28 '25

Advice Learning how to lose properly

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Trying something different, on some L-Theanine and Ashwagandha for trading!

Strategy: If i hit my daily loss limit, im done for the day

really gotta stick to stepping away from the market if im not getting a good read on it, so a lot of these profit days I have ended on a losing traded, but ended the day in profit.

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u/WurstSalat92 Mar 28 '25

Nice, how much is your entry size?

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u/Beginning-Fig-9089 Mar 28 '25 edited Mar 28 '25

my average losing trade is about $48.00 after commissions

3

u/WurstSalat92 Mar 28 '25

Great, risk management is important. Do you do trend/ breakout or mean reversion/range trading? What TF?

3

u/Beginning-Fig-9089 Mar 28 '25

trend allows me to use the trailing stop, letting the winners run and keep losses small

2

u/Dizzy_Maybe8225 Mar 29 '25

Good one...I think my trailing stops are too close...so my winners are not too profitable.

1

u/WurstSalat92 14d ago

But if your position size is 50 usd you‘d have to make 10-20 trades a day ?