There are chances for recovery, but an urgent reassessment of the approach is needed!!!!

You are either holding onto losses or entering without a plan.

Such losses in one day are due to the absence of stop-losses, lack of discipline, or too high risk (leverage).

There are periods with profit — but they are small.

For example, +570, +428, +232. This means you lock in profits early and losses late. This is called "negative expectation" (trading with an inverted risk/reward ratio).

What can be done!!!!

1. Reduce leverage to a minimum

Your losses look like the result of trading with high leverage. Switch to at least temporarily x1 or x2.

2. Trade only according to the system

If you don’t have a strategy — sit down and write a simple one: entry on a signal (for example, breakout of a level or a pullback on Fibo)

stop-loss in % of the deposit

take-profit at least 1.5-2 times the stop

3. Limit daily loss

For example: if you lose -200$ in a day — automatically stop trading.

4. Rest and restart… From July 14 to 24 — 8 consecutive days of losses. This is either emotional burnout or the urge to recover. Take a break for at least 3-4 days and analyze each day… why did you enter the trade? Was there a plan? Where was the exit?

#squarecommunity