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2) You are making lots of small losing trades. Have to find out why that's the case? Why are you getting it wrong? Are you not taking profits? Are you not getting into the right sectors,Trading long when the market is way down etc? Have to figure that out.

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Trader Brian Jones

@MasterBJones

Apr 13

There are 2 ways to lose at day trading. 1) Not cutting your loss short.If you hold a day trade because you don't want to take a small loss and it just keeps going down. Now you are in trouble. You could get stuck with a 70%+ loser.

2:30 PM · Apr 13, 2022Twitter Web App

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This is spot on

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Mine was often not taking profits

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I think this really hits home with people under PDT.. a small loss your like “ehhh it’ll bounce” a 10% gain may not be hundreds so same idea “ehh it’ll keep going up” before you know it it’s a loosing trade and they just keep stacking up

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I think it all comes down to managing emotions, realizing gains in terms of percentage NOT P/L, once you can master this under PDT, smooth sailing after 25k