Learn from Losses

Learn from LossesLeçon 1 sur 94 min de lecture

Do not rebuild it

The first rule for a losing run. The strategy is not what changes, and the two things that are allowed to change instead.

A run of losses is where most people rewrite everything they have learned. This module is what to do instead.

The strategy stays

A losing patch is not evidence that the method stopped working. Losing trades are part of a method that works, as module 11 already set out.

A strategy earns its place over a long record, not over the last three days. Nothing that happened this week is large enough to remove it.

A bad week is not new information about your rules.

Two things may change

Something is still allowed to change, and there are two candidates.

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