This is exactly why it is so difficult for you to close a losing trade at a stop-loss — instead, you start hoping and turn it into a disaster. The most dangerous thing here is that sometimes the market really does 'pull back', and after a deep drawdown, you manage to close the position in profit. Such behavior is positively reinforced: you think that if you just wait a little longer — everything will be fine. This is the foundation of a destructive habit: 'if I endure a little longer and move the stop lower, the price might turn in my favor.' Hope becomes a trap, turning a novice trader into an avid gambler, blowing through one deposit after another.



The only way to fight this is to form a new positive habit in your mind based on discipline. That is, instead of the mindset 'if the trade is in profit — I'm good', you should establish the mindset: 'if I closed the trade according to the rules, at the stop — I'm good.'



How to do this? Simple: open, for example, 10 random trades without any analysis. Set a short stop-loss in accordance with your risk management and wait for it to be triggered. All these 10 trades should close at the stop — strictly according to your rules. This way, you will start teaching yourself to accept losses as part of the system. Gradually, your brain will stop perceiving such situations as failures — and will start considering them normal.



If you have been stuck in the pattern of 'suddenly it will work out' for a long time, and regularly carry over losses, you may need not 10, but hundreds, or maybe even thousands of such training trades. This will be a long and unpleasant process. But there is no other way: either you learn to trade with discipline, or you will remain in debt and regret forever.


#SwingTradingStrategy $XRP