Losing Streak

[Millionaire]

What is the best approach when you realize you are in that losing streak ?

Bend over and spread your cheeks. Apply some lube and just let Mr Market have his way with you

In other words go with the flow. Losses and losing streaks are a natural part of trading.

 

[kmiklas]

What is the best approach when you realize you are in that losing streak ?

Sell out and take a week off.

 

[themickey]

Switch off computer, pretend it's not happening.

 

[maxinger]

What is the best approach when you realize you are in that losing streak ?

the best approach is to stop creating unnecessary numerous new threads.

 

[Overnight]

What is the best approach when you realize you are in that losing streak ?

I've learned something in my "losing streaks". And I now have only 100% winning streaks. It is the most inefficient way to trade...EVER, but it works for me at this time.

One of these days, you will find your way as well.

 

[kroxobor]

What is the best approach when you realize you are in that losing streak ?

You define the number of losing trades that you consider a streak in advance and just stop trading when loss count hits this number.

 

[RogueTrader92]

the best approach is to stop creating unnecessary numerous new threads.

why are you replying if its an unnecessary thread ?

 

[maxinger]

why are you replying if its an unnecessary thread ?

simply because
there is nothing to do

 

[El Trado]

He could be net short

Ok. Close all positions. Then wait until next week before doing anything.

Happy?

 

[Saltynuts]

OP, I'd listen to Overnight if I were you. He is the MASTER of this subject. He has soooo much experience in this regard. Good luck!