What to do after loss

Sprout said:
Imho, a question such as this indicates that you are on the wrong path. If you're emotional after trading you have no system, nor methodology that has a positive expectancy and are simply gambling and getting your emotional needs met. You're focused on PnL when it should be on your performance.

If you did have a system, you would have stats on how many losses in a row you would have to endure on average, at what R:R for BE/Profitability. If the conditions merit a trade as per the system rules, one is mechanical in taking it. If not, then one is most likely gonna miss the trade/s that makes the difference.

It is possible to be a profitable discretionary trader but you'll have to adjust your expectations, it's a series of marathons and not a single sprint. It takes much, much, much longer than one first anticipates.
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I know your points highlight the importance of having a well-defined trading system and managing emotions, and maybe I am on the wrong path because of this. I need help and other people's suggestions.
 
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