we are all traders, for the most part on these threads....
ever use the simulator on your trading platform?
if you didn't have the simulator, God Forbid! you did this in real mode with live money,
but at some time we all have been here, and we are still here because we either fixed what was wrong or spent our way out of the loss
A) all your trades fail and you're at a loss with still 4+ hours to go
1) do you keep trading with the objective to lessen the loss and not print it on your trading sheets for the day?
2) do you commit more money, resources, time, energy and mental / emotional energy in an attempt to trade your way out of the whole?
3) do you stop early for the day, let the day close out and take the hefty loss, thus being out of business for that day, and possibly that week, if not longer?
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the only acceptable answer is to commit more resources, money, energy, fresh pot of coffee towards trading your way out of the loss and printing either BE (break even) or a small profit (just to cover commissions)...
the only acceptable answer....
they even teach this in business school...
why be surprised that that was the play that was called for the US Economy? The books aren't closed yet.