262: Henrik Johansson & Patrick Petersson - Recap: Beginner Trader to Funded Trader in 60 Days
Chat With Traders
00:00
The Importance of Accepting Losses
I think it's a bit tricky to just say it like that. I think they were set correctly in a way. What I should have done was to basically if I saw that the market was changing its behavior and even if it didn't hit my stop loss yet, then you can basically tell that now there is like 80% chance that I'm going to be stopped out. But I didn't stop myself out then. I just waited for the market to go down and stop me out to accept the loss. Losing is a part of the trading business or game. There is a very fine line between accepting losses and being complacent about the losses.
Transcript
Play full episode
