There are going to be times the trade did not work. It happens; get used to it. It will happen again.
Our philosophy is to move on and look for the next trade. Have the mindset not to hold yourself down if the last trade did not work out. You got this. Look for a new entry model to start your trade and make sure you apply the correct money management explained.
When you never look back, you can also be able to get balanced. Take a minute, get flat the market, take a walk, come back and say to yourself. What do I see? What model(s) is happening? Then reach for a fill price to scale into trades and apply the scale-out models to lock in potential profits.
Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.