Does your broker allow hedging? As accounting method hedging serves me well, I can solve equation later to cover losing entry, bc I also marry to some trades from time to time. Especially when price goes in opposite direction immediately after I entered (interesting fenomenon).
We should limit our losses by hedging or SL.
I'm feeling much better since I started to use no more than 1:5 leverage per trade, max allowed by broker 1:30, so pockets are little deeper now...
I chased every pip trying to reach my daily target. We are brought up like this, we receive a fixed salary (most of us), sometimes bonuses, therefore in trading, we plan our monthly income – "I must earn 1/22 of my salary today!" – and sometimes dream about how we will spend it. No need to do this. Still working on myself in this direction.
Good luck, mate!
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