1. Paused and Reflect - Don't react emotionally ๐
Don't try to jump another trade to recover loss. This is called revenge trade. Instead, take a deep breath. This help to detach emotionally so you can look at the loss trade with a clear mind.
2. Record the trade - Write or take a screenshot ๐
Entry / Exit points
Reason for entering (Confirmations you took)
Market condition (Trend, Volatility, News events, Session)
Size, Leverage, Result (Pnl, ROI)
3. Identity what went wrong ๐ค
Ask:
Di d I just follow signals blindly?
Did I follow my strategy or act impulsively?
Did I ignore risk management?
4. Spot the pattern
If similar losses happen continuously, it's likely a pattern.
Reasons could be:
Overtrading
Entering without confirmations
Ignoring liquidity zones
5. Write the lesson โ๏ธ
Don't enter after a breakout without a retest
Always check higher time frames before scalping
Stick the lesson somewhere visible
6. Adjust and improve ๐
Have entry rules
Tighten your stop loss
Use better confirmations
7. Forgive yourself
Don't carry guilt
Every pro trader has once faced losses. Trading is a journey. Learn and grow.
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