Do You Feel That You Have To Recover The Loss Quickly?
How do you feel when you make losses? You feel really bad. And you become desperate to recover the losses. Out of desperation and emotions, what you do, that might not be the right decision.
So what ends up happening, you are making more losses with a view to recovering the losses. At the time, you are not calm and maybe you do not think clearly. You do that something that is very risky. And that does the opposite to recovering the losses. Let's watch this video.
Please feel free to share your thoughts in the comment section. Thank you so much for watching the video.
Source: 1, and 2.
Image: 12, 3, 4, and 5.
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You may feel it never happened to you.
You may feel i should have do it this way to avert this loss.
At this moment I feel terrible and end up loosing more than I seek to recover.
This always happens to me whenever I'm trading the forex market and I'm on a loss.
At this point I became blinded and can't calculate my entries and strategies and I will be seeing loose entries and I will take them for the purpose of gaining what I lost.
At this stage In struggles with loss take a nap and wake up with fresh Ideas.
Thank you.
When you are trading, it does more harm than good when you are desperate to recover your loss quickly. You might win some but lose a lot. Eventually, you might end up losing more than your initial loss in an attempt to recover that.
You're right and that's what happened to me, I made wrong calls on the market and it did not go well for me.
All that happened because I trade with emotions and is not good trading with emotions.