New here - Question on managing drawdowns psychologically

asked by u/sarah.martinez · 6d · 1 answers

Hey everyone, been lurking a bit, finally decided to post. Still pretty green, mostly trading $SPX options. I've been doing well enough to stay afloat, but those inevitable drawdowns, even when they're within my planned risk, just wreck my focus. I know it's part of the game, but the mental battle to stick to the plan when I'm down 10-15% for the month is brutal. It makes me second-guess every entry. How do more experienced traders keep their head in the game when they hit a string of losers, beyond just 'sticking to the plan'?

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  • u/ado· 1 pts· 6d

    I totally get what you mean. Do you find that knowing it's part of the plan makes it any easier to stomach, or is it just the pure psychological hit of seeing your balance drop that's the hardest?

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