


I've been a daytrader longer than a poker player, and losses from day trading can get to you at times, but once you can control that emotion, it translates quite well to everything else.
I think yes,losing days can mess with someone’s confidence. It’s natural to feel frustrated or doubt yourself after a streak of losses. But I also think it depends on the person. if you stay focused and learn from mistakes it doesn’t have to affect your long-term confidence too much.
Honestly, losing days happen and they can sting a bit. But I try not to let it break my confidence. Dwelling on losses rarely helps, so I focus on making better decisions next time.
I usually take a break first. Stepping away helps me clear my head and stop any frustration from building up. After that, I reassess my strategy before getting back in. Jumping straight back in while upset usually just makes things worse.Certainly making better decisions next time will help in a lot of ways. When it comes to bouncing back, do you take a break or just focus on reassessing your strategies before continuing immediately each time that you are on a losing streak?
I usually take a break first. Stepping away helps me clear my head and stop any frustration from building up. After that, I reassess my strategy before getting back in. Jumping straight back in while upset usually just makes things worse.
Psychology is a much bigger part of the game than most give credit for. Being a Professional and coach for years now, I decided to write an article which touches upon this area. Here is the link - http://themachine1984.blogspot.com/2011/11/losing-is-actually-winning.html
Very in depth subject. But the most prudent framing for this area is to look at it as as a separate skill set. So i teach my students they have to work on their "technical" skills, whilst also working on their "mental" skills.
Best of luck
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