How To Deal With Losses As A Day Trader?

moonchild

VIP Contributor
The goal of any day trader is to turn a profit in the market consistently, day in and day out but the problem is not everyday is going to go as planned, some days have terrible prove action and the market will just be ranging, and when you try to trade in it, you'll get burned and lose money.

The best way to deal with losses in your day trading is to learn to see your losses as just one in millions, if you look at your trading career, you'll take millions of trades in uncountable days and you know that over a long period of time your edge is going to play out and you'll be net profitable.

This is the best mindset to approach the markets with, do not feel bad else you'll be tempted to revenge trade, take the loss and accept it, share your opinions below.
 
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