You are not a trader until you have come back from a brutal loss. Here are two things that may prevent you from getting you back faster.
An inability to put into perspective time and money. The day in long and your career is as long as you want it to be or do the things necessary to continue it. There will be other trades. Think of it like an elevator. The door closes in front of you, but there will be more. It may be instantaneous or in a few minutes but it will come again. It won’t be the same ride but at the start of the trade/elevator ride it is hard to tell which one will actually be better. There are ways to anticipate which will be better but will never know until you are already in.
Inability to clear the calculator. Clearing the calculator means wiping your mind of any emotions from the previous trade, day, phone call, etc. Once again, emotion has the same effect as alcohol. You need to remember what happened previously, but not how you felt. I will say that again, remembering what happened is necessary, remembering how you felt is destructive.
A loss does not matter, what you do after a loss is what matters.
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