How to Deal With a Bad Trading DayEntrepreneur Network partner Akil Stokes of Trade Empowered talks about dealing with days when the market takes a toll on you.
In this Entrepreneur Network video, Akil Stokes, chief currency analyst and head trading coach ofTrade Empowered承认,甚至在市场他糟糕的日子。However, a bad trading day does not mean that the trades themselves were bad.
Stokes defines a good trade as one in which you follow your own rules and don't make mistakes. A good trade is not defined by its outcome -- an outcome it is just an effect of the market.
So on losing days, he says, the most important thing to do is to get away from the markets. The worst thing you can do is make trades based on revenge or in an attempt to make money back, because you will not be following your personal rules step by step.
After taking some time away, come back and self-evaluate. Determine whether or not you made truly good or bad trades, and learn from whatever mistakes you may have made. Just keep in mind that trading can be out of one's control, and you must accept the consequences, whether they are negative or positive.
Click play to hear Stokes talk about dealing with losing trading days and more.
Watch more videos fromTrade Empowered on their YouTube channel here.
Related:Why Trading Businesses Need Personal Brands and 5 Ways to Build One
Entrepreneur Networkis apremium video networkproviding entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.
EN is partnered with hundreds of topYouTube channelsin the business vertical and provides partners with distribution onEntrepreneur.com以及欧r apps onAmazon Fire,RokuandApple TV.
Click hereto become a part of this growing video network.
