How to keep spirit alive?

[Charles Agustin]

My spirit for trading goes down with more and SLs hit. Do you have any suggestion for me?

 

[pippin]

My spirit for trading goes down with more and SLs hit. Do you have any suggestion for me?

If loss is consistent then you have to revise your strategy, make improvements or try other ideas. Make sure you determined criteria of a losing trading system so you don't waste time or money on something that is potentially useless. Also focus on the process itself rather than profit because then loss become emotionally disturbing and you start to make mistakes.

 

[Fin_Trader]

If you have a large number of stop losses, this means that the strategy is malfunctioning and is of poor quality. To improve trading, you need to work on errors and determine their causes. Then it will be clear where and why the strategy is not working well and try to optimize and improve it.