Day Trading Rules – Dealing With a Loss

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Day Trading Rules – Dealing With a Loss

One of the day trading rules that you must be aware of when starting your journey as a trader, whether it is on a part/full time basis, is accepting and knowing that losses will occur is paramount, to your progress as a trader. Identifying that there will be downside losses/drawdowns to your account is one thing, but how do you deal with it, after the position is closed out. Trading Issues Below are issues that you may have experienced: Entering another trade without a solid plan. This generally occurs after a trade that you entered, which did move in your proposed direction.

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