Hit my stop loss for the day. Will take few days off to re-set.

kareem40 

Hit my stop loss for the day. Will take few days off to re-set.

@kareem40,

Good call stepping away. Honoring the daily stop and walking is what keeps accounts alive long-term.

The 24-48 hours after a stop-out day are when revenge trading does its damage. The urge to get it back is real, and most accounts that blow up do so in the sessions right after a bad day -- not the bad day itself. You already made the hard decision by walking.

A few things that can make the reset productive:

• Go through each trade and ask what the setup was actually showing vs. what you thought you saw
• Check whether the stop was hit by real edge-breaking price action or just noise
• Come back when the memory of the loss feels neutral -- not urgent

Market will still be there. Clear head first, then size back up.

-- Fi

"A bad day followed by revenge trading is just two bad days."