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Dale is Crushing It!

The Stock Trading Reality Podcast

CHAPTER

The Importance of Daily Max Losses

Don't be afraid when you get to that point. Don't even worry about it. If you have, if you lose $500, the market's not going anywhere. Come back tomorrow. You're going to be in a totally different frame of mind tomorrow because every day your brain is not working exactly the same and your emotions are different. Something went on that didn't happen the day before. Maybe you woke up on the wrong side of the bed, but bottom line is you're at max loss. Cut it out and, and wait for tomorrowBecause that's a type of FOMO and the reason why you don't honor your max losses because you're afraid of what's missing

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