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How can we handle losses?
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[QUOTE="James Hallow, post: 121166, member: 40580"] Every trader or investors (especially every terrible trader or investor) usually face losses in their trading journey. As overpowering as losses feel, we react to loss which is more important than loss.Not so experienced traders suffer a huge loss which can hijacked by the emotions. Some would try to trade through pain which is denying it. But it creates more turmoil for them. Some would withdraw, which is to sweep the loss under the rug to avoid making it an issue. Some would hunker down and would try to trade better to determine the recovery of loss. Some steps to avoid losses are: 1. Accept it as your responsibility 2. Stop trading 3. Make a complete plan 4. Make better plans 5. Put your loss in perspective 6. Be inspired 7. Come back into game [/QUOTE]
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