Positive Thinking Is Essential.
The uncertain market conditions and losses that occur can make a trader to be pessimistic. If we are not careful, we will begin to think it is impossible to obtain profit amid uncertain market conditions like this. But the market is not always against us. There are times when the market moves hand in hand with our open positions. Sometimes the movement that is so clearly visible so easy for us to follow. This suggests that the defeat is temporary (temp) and with a little creativity we can meminimalisirnya.
When facing a loss (especially a row), it is easy to become pessimistic. And when pessimism is already embedded in our minds, it is difficult to trade with decent mental. Opportunity comes to be blurred because our view is closed with negative thoughts.
How do you see a loss is crucial in your efforts to rise from the loss. If you look at the loss as a fatal error, compounded when inserted into the deepest heart, you will feel overwhelmed emotionally that will then take you into denial and evasion of the reality of what happened. It is better to quickly put that loss behind, find a solution and continue the trip. Do not be too soluble with existing errors, but soon find out what you can do next to improve your trading strategies and methods, and ultimately reap the sweet benefits.
Winning traders use a scientific approach. They are not emotional and excessively pessimistic when subjected to the worst conditions. Instead of the protracted slump, they identify problems, find solutions (methods) with the expertise and experience they have and then test these methods in their trading execution and see the results. All done in a systematic and objective approach. A method may produce profits in certain market conditions, but at other times, the method is no longer reliable in other market conditions. For that needed revision. It is important to realize what is wrong, what is right and then make the necessary changes.
There are always lessons from each incident. You are only required to find it. As long as there is money in your account, you still have a chance to gain profit. And with positive thinking, may not directly provide solutions to the problems encountered, but with positive thinking helped us to be able to find the solution.