✅ 3 types of traders after a loss... Which one are you?
Loss is a part of every trading journey, but your reaction to it determines your future in the market.
Dr. Alexander Elder classifies traders after a loss into 3 types:
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1️⃣ The Avenger
As soon as he loses, he jumps into a new trade quickly.
His goal is not profit, but revenge.
And often he doubles the loss because he has lost control.
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2️⃣ The Denier
He refuses to acknowledge the loss.
He leaves the trade open and hopes for a rebound.
He ends up with a massive loss that hits the account.
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3️⃣ The Learner
He accepts the loss calmly and reflects on himself.
He records the trade in his mental notebook.
He comes out stronger and doesn’t repeat the same mistake.
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🔑 Elder says:
> "The first loss is a lesson... the second is negligence... and the third is exit from the market."
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🔍 This is information, not a recommendation, and the market always carries risks, so think with your mind and make your own decision.