
I believe that confidence is what changes the most after a losing trades.
One thing I have noticed is that after a couple of losses in a row I stop trusting my good trading setups.
Trades that I would normally take suddenly start looking very risky to me.
Then I do one of two things:
* I skip the trade completely
*. I enter late after the trading move already starts
And usually those trades end up working, which makes it even more frustrating for me.
It is weird how quickly confidence changes my decision making in trading.
Do you guys reduce the position size after losses take a break, from trading or just continue trading with the same trading strategy?