I know exactly what you mean, I was playing golf with a guy that sliced the ball into the trees, the other guys were saying to play all sorts of aggressive (trick) shots. He calmly chipped the ball back onto the fairway, they said he was a coward, but he said if I did what you guys said I would be in the trees on the other side of the fairway. He said once he was in the trees there was nothing he could about that, the only thing he could do was play the smart game and set himself for the next shot.gazuty wrote: ↑Thu Dec 23, 2021 5:05 amWhen you make a bad (initial trade) and suffer a loss, that is it, close that particular market and move on (for your $11 loss) and put it out of your mind. It is of no consequence to you. You are a profitable trader (overall), losses are to be expected. Move along (or sing the song - Let it Go, the cold/loss never bothered you anyway).
That is the mindset you need. Train and master your mind.
How to do it - practice, practice, pracitce. Go to the gym of the mind. You make a loss, move on, you make a profit, move on. Let each invdivual event go - it is of no consequence to you.
(That is why for me, automation is king, it doesn't care about the last market or the next market, automation has no feelings and does not need to make up any losses).
I would love to get Automation going but I am a lot closer to the caveman than you are if you get my drift