Lesson Learned

Today’s trades were downright ridiculous. I stuck to my strategy, like any good trader should, slapped on some stop losses, and guess what? In 3 out of 4 trades, those stop losses were like, “Not today, Satan!” Sure, I took a few hits, but then that one winning trade came along. And let me tell you, it was like the market handed me a golden ticket.

Now, let’s get into the importance of trading psychology. It’s the difference between cutting your losses and letting your ego throw a fit. Stop losses aren’t just buttons you push—they’re the emergency brakes that stop you from driving off a cliff because you’re too stubborn to quit.

Harvey Specter from Suits said it best: “Win a no-win situation by rewriting the rules.” That’s exactly what a stop loss does. It’s the market’s way of saying, “You might’ve messed up, but you don’t have to go down with the ship.” Instead of letting a bad trade turn into a total disaster, you cut it loose and move on. And when that one trade finally hits? It’s like the market saying, “Alright, you’ve earned this one.”

So here’s to stop losses—the unsung heroes that save us from our own mistakes. They stop us from blowing up our accounts over one bad trade. And when we do win, we win big because we didn’t let one loss ruin the whole day. Cheers to that!

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