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How To Deal With Huge Loss Trade & Learn Successful Investment Strategy
Kelvin Trinh
Business & Economics / Investments & Securities / Analysis & Trading Strategies
The first thing to do is to face the truth, you are at a serious loss. Be honest with yourself that you have a very bad trade that needs to be fixed. That no one else can decide for you. Stop reading the news and respond according to the following steps:
Step 1: Review where your investment capital comes from?
Step 2: Do you have a capital risk management method?
Step 3: Do you have an objective investment strategy?
Step 4: Do you have a way to control your psychology and discipline?
Step 5: Do you record each transaction for later analysis?
Going through each step you will have the proper treatment to be able to skillfully handle a bad trade and go back from a failed investment strategy to a successful one.
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