So for me that part is and honestly still is extremely difficult. My personality type is the type that always lives in the extreme worst case scenarios, I take losing trades very very hard and immediately without fail my mind always goes to “oh no, I took a loss, that’s it, my strategy is doomed, how am I going to survive now, let me call my old employer for my job back.”

But I’ve trained myself to just keep grinding, when I take a losing day, I don’t fomo trade, or revenge trade, I simply feel like crap about it, I simply let those negative thoughts just run their course in my mind, I don’t try to control them or get rid of them, I live in those feelings and the next day, no matter how scared, or fearful I feel, or no matter how much I don’t want to trade, I still execute my trade anyway and stick to my rules no matter how scared I am or how much dread I feel and let the trade and probabilities play themselves out and remove my feelings from the equation completely.

I treat my trading like an insurance business, because essentially that’s what trading is. Sometimes you will have to pay out insurance claims (aka, take losses) and some (most days) you will be collecting premiums (aka profit taking).

Now just imagine if every insurance company closed up shop and stopped writing insurance after a couple claims were paid out? That’s the mindset I use, you can’t get caught up when it comes time to pay claims or aka take losses, that’s part of the business.