We all love to win, right? Anyone familiar with sports and competition knows life is easy when you’re winning.
But the bad news is losing also happens to be a big part of life.
In a volatile stock market like we’re seeing today, there are going to be a lot of ups and downs. You’re going to win a lot of trades for days or weeks and feel unstoppable.
But what goes up must come crashing back down, and that means you’re also going to start to lose… a lot.
So what do we do when we start losing?
The answer is easier said than done.
It’s natural to get excited when you’re on a winning streak… and to get discouraged when you’re losing. How you rebound and bounce back from the losing streaks is what separates an elite trader from the novice.
The key to having success in the market — and overcoming a dreadful losing streak — can be boiled down to the five steps I outline in today’s video.