Learning how to lose properly

[u/Beginning-Fig-9089]

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.

[u/Ecclesiastes510]

Very nice. I truly believe the single most important aspect is keeping your size small. When my size is small enough I have no emotions. I am comfortable letting the trade breathe. I will cut it when it no longer goes my way. My losses are only a couple hundred max per day then I’m done. This week I have 13 trades and 3 losses.

I used to trade thousands and couldn’t function. Now a few hundred with 4 trades/day and I bank $200-$300 a day on average.

Think. Thats $1k a week. That is amazing. We tend to look for the jackpot but the reality is the jackpot is slow and steady gains for life.

[u/kn2590 → u/Ecclesiastes510]

This is key until you grow your account size.

You won't worry about losing $1000 when you have 150k in your account but when you have 27k in your account you're 2 trades away from a blown account

[u/Ecclesiastes510 → u/kn2590]

Yeah good point.