[PipPeter]

Hello there.

So one of me biggest struggles in day trading is handling consecutive losses. Even when I know I should step away or stick to my risk management plan, I sometimes get caught in revenge trading, trying to ‘make it back’. You can probz guess, yep it never ends well.

For those of you who have been doing this a while, what strategies or mindset shifts helped you stop chasing losses and stay disciplined?

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[Steve]

Try treating your losses like a monthly budget. Allocate a specific amount you’re willing to “spend” on losses each month. Once you hit that limit, consider your trading budget over for the month.

This might help you reframe losses as an expected cost of doing business instead of something to desperately avoid or recover.

Let us know how you get on.

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[ABTrading 87]

Reframe losses as part of the game. Even top traders take losses. The goal isn’t to avoid them but to manage them.

Detach from the money. Instead of focusing on “getting back” what you lost, focus on executing your strategy correctly. If the setup isn’t there, there’s no trade – simple as.

Predefine your ‘stop’ rules. Set a daily loss limit (such as 1% of capital). If you hit it, walk away. Automate it if necessary.

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[Christian Harris]

Revenge trading is the worst—it’s like digging yourself deeper into a hole. 🕳️

I’ve been there too, and it’s tough to break the cycle.

One thing that helped me was setting a daily loss limit (like 2-3% of my account) and sticking to it no matter what. Once I hit that limit, I step away for the day—no exceptions.

Another game-changer was shifting my mindset from “I need to make it back” to “I need to protect what I have.”

It sounds simple, but it’s a huge mental shift.

I also started journaling my trades to spot patterns in my behaviour—like when I’m most likely to revenge trade—and then working on those triggers.

What’s helped me the most, though, is reminding myself that trading is a marathon, not a sprint.

One bad day won’t break you, but one bad decision can.

I’d be interested to know how others handle those tough moments. 🤔📊

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[PipPeter]

Hello,

It’s bveen useful to hear all your ideas for managing this. The daily loss limit and more journalling is certainly something I know I need to try.

I really like this “shifting my mindset from “I need to make it back” to “I need to protect what I have.”” I just need to do it!

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