The Losing Streak

Every trader faces it. Only the winners know how to handle it. The dreaded losing streak rears its head every so often and attacks every great trader. It eats away at your judgement; it saps your confidence. Sometimes, it can take you so low that you think you'll never get out. You're sure that something has gone wrong, that you've lost your touch, that you'll never be a winner again. When you're in the middle of it, you think it's never going
to end, but mostly, your judgment and rhythm are off and what you have to do is stop and regain your composure.

The best way to end a losing streak is to cut your losses and divorce your ego from the game.


What happens is that as your fear of losing rises, your emotions start to short-circuit your intellect and you
no longer have confidence in what you're doing. Stopping lets your emotions calm down and lets you re- establish your momentum with your intellect. Remember, time is always your ally. Use it to relax, clear your head, and regain your energies.