RANT CORNER

[Kai]

Now by design I haven’t been trading a lot this week, but honestly, you’d think I was attempting it for the first time. I’m not chasing or losing money hand over fist, I’m just getting absolutely nowhere. Make a tick, give it back. Make a tick, give it back…

Hopefully this is a seven-day phenomenon.

It's all very normal, we've all been there

What happens with taking a big loss is your system basically gets flooded with a stress hormone called cortisol so the brain will temporarily be in survival mode just trying "not to lose" instead of trying to win

Maybe halve your stakes or something until you rebuild confidence again and the foggy decision making clears up, but do try to gain some value from what was effectively a lesson in complacency

[Lynskey888]

If I make the same mistake again, I'll confess here and that will be my last ever post!

Somewhat flippantly I said I was making a tick then losing a tick. While there's some truth in that, I've also noticed a large number of scratched trades, many of which would have resulted in a loss had they not been ditched.

Confidence knocked, as you say, and perhaps there's that slight hesitation, enough to make my entries poorer.

(Nice to see you posting again.)

[jamesedwards]

If I make the same mistake again, I'll confess here and that will be my last ever post!

Somewhat flippantly I said I was making a tick then losing a tick. While there's some truth in that, I've also noticed a large number of scratched trades, many of which would have resulted in a loss had they not been ditched.

Confidence knocked, as you say, and perhaps there's that slight hesitation, enough to make my entries poorer.

(Nice to see you posting again.)

Confidence is massive in manual trading.

I am much better than I used to be but if I take a significant loss then I still find myself hesitating and falling out of my groove for a bit afterwards.

[Kai]

If I make the same mistake again, I'll confess here and that will be my last ever post!

Eh, there's really no need to put even much pressure on the next potential slip...

You are already walking a tightrope if a single mistake can wipe out an entire week of profit. Longer term hopefully you can build an ironclad bridge instead, perhaps something with better RvR to complement the scalping.