We can only surf the price waves not control them.
You enter the trade, you exit the trade, the wins and losses are yours alone.
ALL that really matters is current price action not your opinion of what might be price action later. The market doesn’t care about your opinions or any other single persons opinions.
Start to change your position quickly when you are proven wrong in a trade.
Traders that make money are able to trade through their losing streaks with small losses to get to the big wins. They don’t quit their method and they don’t change it.
The primary thing that makes money for most rich traders is having small losses and big wins not winning percentage. Letting a small loss turn into a huge loss is generally what breaks traders and their accounts.
If what you are doing is not making you money in the long term then why not stop doing what you are doing and start doing what the money makers are doing?
Bad traders make a little money in the short term but lose big money in the long term. Rich traders lose a little money in the short term but make big money in the long term.
http://newtraderu.com/