 03/31/2022 5 secret tips to bounce back from losses Hey,
If I don't turn my trading around soon … I could risk spinning out of control. And everything I've worked hard to achieve over the last 10 years could be wiped out.
While it might sound somewhat dramatic, I've seen plenty of traders turn a small loss into something bigger… that they can't come back from.
And now, I've taken a tough string of losses due to bad timing and mismanaged emotions.
I'm feeling the pain — but this isn't necessarily a bad thing (more on that later)...
My poor judgment came to a head yesterday when I lost $60,000 on AMC Entertainment Holdings Inc. (NYSE: AMC) puts.
Even before this trade, I knew I needed to make some changes in my trading mindset.
But now … It's do or die.
I've seen other traders meet the fate I'm trying to avoid. They let their bad trades snowball into one another and eventually blow their accounts up.
Bottom line: I won't allow this to happen to me.
But to keep that promise — I've gotta be honest with myself about the specific areas I need to work on.
This market is tough. If you're feeling the pain like I am, it's time to get your pencils out and pay attention.
Keep evolving,
Mark Croock Editor, Evolved Trader Daily P.S. I still can't believe Sykes gave away these NFTs during his NFT Trading Summit... If you missed it, click here to watch the replay. Recommended Membership Gifts
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