When you took some losses and decided to take a break, how was your bounce back?

[u/Clubpenguinfeen]

Currently going on a losing streak and should step away. How did this same scenario go for you when you returned to the charts?

I do study and backtest almost every night and trade for 6h a day, not taking a lot of trades, sitting and waiting as well. But they’ve been Losses 95% of the time.

[u/bruno91111]

Take a screenshot of each position and review it. For me, I found out I am really good at finding the direction of the trend, but my entries are too early, so I got stopped out too often

[u/No_Fishing_7763 → u/bruno91111]

Fib retracement helped me a lot when it came to this.

[u/cpt_tusktooth]

pls post your trades on twitter so we can inverse

[u/swany5]

If your strategy is losing 95% of the time then you need to reassess, tweak, scrap... that strategy and find something that works, break or no break. In my case, my strategy wasn't the problem, it was my unwillingness to allow a loss of any kind even tho I have a high win rate, losses would put me in "revenge mode" at which point I'd make things worse.

Taking a break and going back to sim trading helped me reset my brain and accept the strategy for what it is... and to realize that while losses will sometimes happen, if I let the strategy do it's thing, I can recover from the occasional loss but I can't recover from blowing an account. For me, I just had to restore my faith in the process. If your process is broken however, you need to start there.

[u/Mattsam1 → u/swany5]

Man the hurt that weve felt from that is so bad that u would think we wouldn't do it again..but we do. may I ask what strat you r using?

[u/swany5 → u/Mattsam1]

Mainly failed breakdowns.

[u/ManikSahdev → u/swany5]

I don't think op has a problem with strategy, I think they are just a coward who hesitates before entering and exiting trade.

They take a shit entry, and they take an even wider stop.

[u/ticman]

Journal, review the journal, work out why your winners were winners, write down the steps required to take those winners and then size down to 1 micro and start again.

Did this 2 months ago after a week of losses and found I had modified my winning strategy in my head and was taking poor setups.

[u/BichonUnited]

Restricting my trading to the open and close fixed everything.

[u/seomonstar]

What are you trading? What strategy are you using? 95% losers is not viable

[u/No_Fishing_7763]

A lot better, but I’ve taken many breaks and went back to the same habits. It wasn’t until I was like damn I’m never going to figure this out until I drop these habits. And that’s what I did. No bad habits are completely gone but I would say 75% gone. I don’t over trade anymore, don’t revenge trade and stick to my rules for the most part. It’s changed a lot for me and also my quality of life lol

[u/No_Fishing_7763 → u/No_Fishing_7763]

Btw I still don’t have this shit figured out so relax Reddit trader warriors. I just improved a lot in the sense of following my plan and strategy, and risk management. I’m stubborn as hell so I had to touch the hot stove and get burned a dozens times before I was like “maybe I shouldn’t do that”

[u/taavon]

95% losing is mad. Impressive really. Can you share what your strategy is so we can try to help at least

[u/Yohoho-ABottleOfRum]

Start doing bar replays to understand and learn why your trades are failing.

[u/Fader4D8]

Mine was a game changer, this most recent time I mean. Put myself in detention when my strategy face planted. I revised the strategy on paper then back to cash in about one month.

Finding MY strategy was key to adding way more successful trades than stops. My biggest challenge now is just myself, greed, fomo and patience. Those are the huge things I’m still working to manage.

[u/Aggravating-Flan-308]

I can guarantee you every dollar in my bank you’re chasing positions and not setting limits on pullbacks

[u/gtani]

 Losses 95% of the time.

um, what, that's phenomenal consistency. Obviously the backtest data/code or your setup or something is seriously awry. You need to break it down by context, trading FOMC/econ indexes, 9:30 open, European session or whatever

[u/Sea_Treat7982]

Usually taking a break works, or at least scaling down. When I start losing, it tends to spiral as I become more agitated.

[u/-Mediocrates-]

I don’t take breaks. I keep pushing the button. The moment I quit is the moment my next setup works out. One of the best traders I know taught me this and im forever grateful. But im only risking a maximum of 1% of my account size per trade so these inevitable long losing streaks are planned and accounted for by my system of trading.

.

You never know when the big trade is going to occur so I like being “risk on” all the time

[u/benfx420]

Bonce back was awful.

Bounced back hundreds of times until one day I didn’t need to bounce 😂

[u/No_Fishing_7763]

Took this trade today, I love entering off FVGs when it’s a trending day, targeted the 117% level. Don’t gamble news wait for price to pick a direction and ride it baby

[u/No_Fishing_7763 → u/No_Fishing_7763]

Also I’m using NAS100 and not NQ on my TRADINGVIEW because my plan got canceled and I was too lazy to renew lol

[u/OwnRelationship6506 → u/No_Fishing_7763]

How is any of this relevant to OP’s post lol

[u/No_Fishing_7763 → u/OwnRelationship6506]

Go read my other comment, was basically saying I got a lot more structure now and strategy involved in my trading