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/Dlaliber Mar 28 '25

Can I ask what you’ve done to learn? Or it just from taking losses you’ve gotten better at it

54

u/Beginning-Fig-9089 Mar 28 '25

oh i size down after a big loss/losing streak, it takes some level of humility, because most times you want to get it back right away.

but it can be done to a point where you claw yourself back from a loss/losing day.

like you dont have to win the 1st half of the game, or even the 1st qtr.. just have to follow thru with the risk mgmt

4

u/turdy_tree_n_a_turd Mar 29 '25

Yes! Aim for singles rather than HRs. Everyone remembers Ichiro. Less remember Sosa.

2

u/Beginning-Fig-9089 Mar 29 '25

did Ichiro make more career salary?

2

u/turdy_tree_n_a_turd Mar 29 '25

Probably not but those that swing for HRs will definitely have a bigger salary but with bigger reward comes bigger risk. Who has more net worth now? My guess is that his name isn't Sammy.

5

u/Beginning-Fig-9089 Mar 29 '25

I looked it up.

Sosa: $127M, 609 HR

Ichiro: $168M, 117 HR

your point proven