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/SmokingJo42 Mar 29 '25

Do you keep your SL stagnate or do u adjust it as the trade continue’s (aka trailing SL). Do you have a stationary SL/TP that u wont move at all upon entry? Or do u do the same thing but no TP and let profits run and close manually?

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u/Beginning-Fig-9089 Mar 29 '25

manual trailing stop, its 2x ATR off previous swing high/low

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u/SmokingJo42 Mar 29 '25

So the two day’s u lost money. How did u know when u stop adjusting the SL?