After a losing streak

Quote from saliva:

The only way to boost your confidence is to actually make some money, time after time. There is no shortcut.

First, it's crucial that you learn to take profit when you can, not when you have to.
Second, it's equally important to note that you can have a string of small losers and still come out ahead with one large winner.
Third, if you are a daytrader, know in advance where the stop and price target will be placed. They should be placed immediately after you enter the trade. Try not to modify your stop.
That's true. The only way to gain confidence after a loss is to make more money. Find other ways and means to earn extra money.
 
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