Loma shares the rules he follows before entering a new trade after a losing streak.
"Whenever I get stopped out of multiple positions at a time, I almost always take a break, because that usually means the trend is in danger. I’ll take two or three or four days before I enter another trade. It usually will hover there for a couple of days, or it will continue to rapidly fall and eat shit. If one in ten trend breaks leads to a V reversal, then I only miss the move one in ten times. That means nine out of ten times I prevent myself from eating a massive loss, and I can just get in where I got stopped out."
Feat.
@Tradermayne &
@LomahCrypto