Handling Losing Streaks in Trading

Introduction

• Discuss the topic: What to do when on a losing streak
• Personal example: Lost past two trading days

Key Points

Don't Change Your Strategy

• Importance of maintaining proven strategies
• Example: Strategy works well over the years

Identify and Change Confluences

• Small tweaks can fix issues:
  • Change the trading pair if needed
• Example: Switched from S&P 500 to Forex and had a successful week
• Current adjustment: Add extra confluences such as order block entries or fair value gap entries
• Importance of journaling trades
  • Understand patterns and reasons for losses

Be Patient and Avoid Forcing Trades

• Don’t rush to make back losses
• Confidence in long-term profitability
  • Personal tracking and proof of profitability
• Example: Demonstrated trades in YouTube videos

Analyze and Adjust

• Focus on small, actionable tweaks
• Example: Adjusting entries to improve risk/reward and accuracy
• Learn from patterns in losses

Continual Learning and Adaptation

• Importance of reviewing both wins and losses
• Understanding the market’s behavior
  • Market doesn’t act weird, it acts independently
• Adapt according to market signals

Mindset and Execution

• Accept responsibility for losses
• Importance of self-improvement and competitive spirit
• Example: Taking blame for all personal losses
• Trading isn’t about the market acting against you, it’s about execution

Practical Steps

• Review and analyze trades daily
• Continuous improvement regardless of win/loss
• Spending time watching and journaling market moves
  • Develop understanding over time

Conclusion

• If you aren’t willing to put in the effort, you won’t succeed
• Aim to help traders learn and improve
• Focus on continuous learning and adapting based on performance

Catch you guys tomorrow, peace.