3 days of this week were supposed to be profitable 2 days of this week were supposed to be unprofitable
By pure chance, you happen to be gone on those precise 3 profitable days.
Then you are left with the unprofitable days, not understanding why you_re losing.. Even though you_re following your rules.
Then, going into the next week of trading.. Your confidence is low, you_re fearful..
You fear _uting the winning trade, miss out on it.
That translates into FOMO, which leads you to take a stupid loss.
Now you_re pissed at yourself and you_re revenge trading.
That_s a losing streak in a nutshell.
A combination of you being human + your _ + bad luck.
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Here_s how a losing streak is formed:
3 days of this week were supposed to be profitable
2 days of this week were supposed to be unprofitable
By pure chance, you happen to be gone on those precise 3 profitable days.
Then you are left with the unprofitable days, not understanding why you_re losing.. Even though you_re following your rules.
Then, going into the next week of trading.. Your confidence is low, you_re fearful..
You fear _uting the winning trade, miss out on it.
That translates into FOMO, which leads you to take a stupid loss.
Now you_re pissed at yourself and you_re revenge trading.
That_s a losing streak in a nutshell.
A combination of you being human + your _ + bad luck.