Drawdowns are a statistical certainty, not a personal failure. How a trader responds to a losing streak often determines whether they last in the markets.
Separate process from outcome
A good decision can lose and a bad decision can win. Judge yourself on whether you followed your rules, sized your risk correctly, and journaled honestly — not on the single result.
Reduce, don't revenge
- Cut position size while confidence rebuilds
- Return to your highest-conviction setups only
- Step away when emotion overrides your plan
