A losing streak is the silent killer of every trader. It not only destroys your account but also undermines your confidence, leading to deadly revenge thinking in trading.
🔸 Stop trading immediately.
When you lose 3 trades in a row, your brain switches to fight or flight mode. You lose logical analytical abilities.
Close the screen, take a walk or sleep.
The market will still be there tomorrow, but if you try to cash out now, your account will disappear.
🔸 Accept the probabilities and review the journal.
Losses are the cost of doing business. Don't personalize them.
Review whether you lost due to poor market conditions or broken rules? If it's discipline, punish yourself. If it's probability, accept it calmly.
🔹 Protecting mental capital is more important than financial capital.
Money can be earned back, but confidence and emotional stability are hard to regain once lost.
Reset your mind to Zero State before thinking about the next deal.
After 3 consecutive losses, what do you usually do, turn off the screen and relax, or double down to get back what you lost?
News for reference, not investment advice. Please read carefully before making decisions.
