6min chapter

Chat With Traders cover image

032: Dan Shapiro – How to Handle a Run of Losses & Grind Through Slumps, While Keeping Your Emotions Intact

Chat With Traders

CHAPTER

I'll Take My Loss, but I'm Not Going to Lose the War on One Trade

Many traders are fixated about being right, instead of trading properly. You can go two days without making money, and you've completely lost your confidence. We're all in the same boat, man. We're looking for that next edge. The market changes all the time. Technologyis changing by the second. Chart patterns get obsolete. A strategis go away. Ok a, so werk. For my friends, i don't hear any more slumps for like a month. I mean what, i've been doing pretty well for the last several years. But you know, it's very common to do something that has nothing to do with stock markets. It just happens."

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