{"id":30,"date":"2023-05-25T18:47:07","date_gmt":"2023-05-25T10:47:07","guid":{"rendered":"https:\/\/workinvestspend.com\/WIS\/?page_id=30"},"modified":"2023-05-25T18:47:07","modified_gmt":"2023-05-25T18:47:07","slug":"continuously-winning-or-losing","status":"publish","type":"page","link":"https:\/\/workinvestspend.com\/WIS\/continuously-winning-or-losing\/","title":{"rendered":"Continuously winning or losing"},"content":{"rendered":"\n
\"Winning<\/figure>\n\n\n\n

Can you handle both sides of the coin?<\/p>\n\n\n\n

\n\n\n\n

\u2753 The Two Questions<\/h2>\n\n\n\n
\n\n
\n\n

\ud83c\udfc6 WINNING<\/h3>\n\n\n\n

If you continue to win indefinitely<\/strong>, can you handle it?<\/p>\n\n\n\n

Most people would say yes<\/strong> without hesitation.<\/p>\n\n\n\n

Winning feels natural. It is easy to accept.<\/em><\/p>\n\n<\/div>\n\n\n\n

\n\n

\ud83d\udc80 LOSING<\/h3>\n\n\n\n

If you continue to lose indefinitely<\/strong>, are you prepared?<\/p>\n\n\n\n

Most people have not<\/strong> considered this.<\/p>\n\n\n\n

This is where accounts go to die.<\/em><\/p>\n\n<\/div>\n\n<\/div>\n\n\n\n

\u2696\ufe0f The Asymmetry<\/h2>\n\n\n\n

I know I could handle winning an infinite amount of money.<\/p>\n\n\n\n

\u26a0\ufe0f But I do not<\/strong> have an infinite amount of money to lose. Do you?<\/strong><\/p>\n\n\n\n

This is the fundamental asymmetry of trading:<\/p>\n\n\n\n

\n\n
\n\n

\ud83d\udcc8 Potential gains
UNLIMITED<\/strong><\/p>\n\n<\/div>\n\n\n\n

\n\n

\ud83d\udcc9 Potential losses
EVERYTHING YOU HAVE<\/strong><\/p>\n\n<\/div>\n\n<\/div>\n\n\n\n

Risk management matters more than finding the perfect trade.<\/strong><\/p><\/blockquote>\n\n\n\n

You can be right 9 times out of 10, but if that one loss wipes out your account, you have lost the game.<\/p>\n\n\n\n

\ud83e\udd14 Before Every Trade, Ask Yourself<\/h2>\n\n\n\n
\n\n
\n\n

\ud83d\udcb0 How much can I afford to lose<\/strong> on this trade?<\/p>\n\n<\/div>\n\n\n\n

\n\n

\ud83d\udd04 If I lose this 5x in a row, can I continue?<\/strong><\/p>\n\n<\/div>\n\n\n\n

\n\n

\u26a0\ufe0f Am I risking money I cannot afford to lose?<\/strong><\/p>\n\n<\/div>\n\n<\/div>\n\n\n\n

If the answers make you uncomfortable, reduce your position size<\/strong>.<\/p>\n\n\n\n

Survival comes first. Profits come second.<\/strong><\/p>\n\n\n\n

\n\n\n\n

Related:<\/strong> Generating Huge Returns<\/a> \u2192<\/p>\n","protected":false},"excerpt":{"rendered":"

Understanding winning and losing streaks in trading. How to stay grounded during both and make rational decisions.<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-30","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/workinvestspend.com\/WIS\/wp-json\/wp\/v2\/pages\/30","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/workinvestspend.com\/WIS\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/workinvestspend.com\/WIS\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/workinvestspend.com\/WIS\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/workinvestspend.com\/WIS\/wp-json\/wp\/v2\/comments?post=30"}],"version-history":[{"count":1,"href":"https:\/\/workinvestspend.com\/WIS\/wp-json\/wp\/v2\/pages\/30\/revisions"}],"predecessor-version":[{"id":31,"href":"https:\/\/workinvestspend.com\/WIS\/wp-json\/wp\/v2\/pages\/30\/revisions\/31"}],"wp:attachment":[{"href":"https:\/\/workinvestspend.com\/WIS\/wp-json\/wp\/v2\/media?parent=30"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}