The Best Way That I Know to Manage Losing Trades

The Best Way That I Know to Manage Losing Trades

  1. Accept that you can be wrong in any trade or series of trades.
     
  2. Use real stop losses.
     
  3. Understand that you can have a 50%ish win rate and make a fortune over time.
     
  4. No ego. 
     
  5. Detach from the outcome.
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