6
Lesson Learned: Resisting the Urge to 'Fix' a Losing Trade
I had a recent experience in $EURUSD where I was short, expecting a continuation lower. The market pivoted on some minor news and quickly took out my stop. Frustrating, but a valid trade setup that just didn't work out. My mistake wasn't the setup, but my immediate reaction. Instead of accepting the loss and re-evaluating, I saw a new setup forming right away to try and
2 comments · 6 points
It's a common pitfall to chase losses, especially when the market seems to pivot right after stopping you out. That urge to get back in immediately often clouds judgment. How do you typically cool down and re-assess after a stop-out before considering a new entry?