{"id":44626,"date":"2016-12-09T15:51:10","date_gmt":"2016-12-09T20:51:10","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=44626"},"modified":"2016-12-09T15:51:10","modified_gmt":"2016-12-09T20:51:10","slug":"trading-lesson-learned-from-a-large-loss","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/trading-lesson-learned-from-a-large-loss","title":{"rendered":"Trading lesson learned from a large loss"},"content":{"rendered":"

I am proud of a trader on our desk.<\/p>\n

He got stopped out in FNSR.\u00a0 In a trade that he should not have made.\u00a0 The trade is too fast for him.<\/p>\n

\n

(Learn more about trading edge in this video<\/strong>.)<\/p>\n<\/blockquote>\n

He violated his stop loss.<\/p>\n

He got caught like a deer in headlights as the trade went against him.<\/p>\n

\"fnsr\"<\/p>\n

That is a pretty tough down move for a stock that appeared to have good news before the open.<\/p>\n

\"fnsr2\"<\/p>\n

Bella, why are you proud of this trader?\u00a0 He appeared to do so much wrong.<\/p>\n

He learned very valuable lessons from this trade, as he specifically communicated to me in a closed-door review.<\/p>\n

    \n
  1. This trade does not fit his personality.<\/li>\n
  2. He should eliminate this trade from his trading.<\/li>\n
  3. He should stick to 2nd Day Trades, which better fit his personality.<\/li>\n<\/ol>\n

    This rip helped the trader understand his edge better, which fits his personality.<\/p>\n

    This trading session now became a large win!<\/p>\n

    Related posts<\/strong><\/p>\n

    7 steps to build trading edge<\/a><\/p>\n

    Trading edge<\/a><\/p>\n

    Finding and increasing your trading edge<\/a><\/p>\n

    *no relevant trading positions<\/p>\n","protected":false},"excerpt":{"rendered":"

    I am proud of a trader on our desk. He got stopped out in FNSR.\u00a0 In a trade that he should not have made.\u00a0 The trade is too fast for him. (Learn more about trading edge in this video.) He violated his stop loss. He got caught like a deer in headlights as the trade went against him. That is … Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":44627,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1828,1193,653,1354,4685,1349],"class_list":["post-44626","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-comments-2","tag-smbu","tag-trader-education","tag-trader-training","tag-trading-coach","tag-trading-lesson","tag-trading-mentor"],"yoast_head":"\nTrading lesson learned from a large loss | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/trading-lesson-learned-from-a-large-loss\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trading lesson learned from a large loss | SMB Training\" \/>\n<meta property=\"og:description\" content=\"I am proud of a trader on our desk. He got stopped out in FNSR.\u00a0 In a trade that he should not have made.\u00a0 The trade is too fast for him. (Learn more about trading edge in this video.) He violated his stop loss. He got caught like a deer in headlights as the trade went against him. That is ... 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