How do you cope after a Breakdown or a Big Loss in the Market
- Sleep
- Food
- Walk
- Others
Name them
How do you cope after a Breakdown or a Big Loss in the Market
Name them
If you select any of these options you are an emotional trader/ investor and are destined to lose everything. Emotion must be kept at bay when engaging in markets. Emotion will KILL your money. Trade using a logical plan backed by a thesis that you regularly re asses to determine if the said thesis still holds as true.
Easier said than done, yes, but this will be the difference in success or failure.
sleeeeeep
I like the name as well as the philosophy.
Deep and Epic
After a big lost the best thing you can do is to take a break for a couple of days IMO. This way you can clear your mind and not revenge trading.
Sleep & food