{"id":6395,"date":"2010-08-09T17:20:58","date_gmt":"2010-08-09T21:20:58","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=6395"},"modified":"2021-02-11T16:25:16","modified_gmt":"2021-02-11T21:25:16","slug":"traders-ask-now-what","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/traders-ask-now-what","title":{"rendered":"Traders Ask- Now What?"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>Question:<\/strong><br \/>\nWhat do traders do for the rest of the day after they have been stopped out especially when it happens early in the day?<\/p>\n<p><strong>Answer: <\/strong><\/p>\n<p>Thank you for the excellent question.<\/p>\n<p>You trade on the demo. You make details notes in your trading journal about the set ups that ended as losers. You talk to others on the desk about your trades. You talk to your mentor. You find levels which you can use for the next trading session. You watch video of your trades. You participate in an SMB Tradecast where as a group we watch trading together. You search for set ups on the demo that you can make your own.<\/p>\n<p>Your goal is to improve everyday. If you get stopped out early there is still so much you can do to improve. There is nothing you can do to improve your P$L for that day. But you can work on your game. Build your trading skills. Get better. If you do that then you can turn a ripper P$L day into a very good day of progress.<\/p>\n<p>What do you do after you are stopped out for the day?<\/p>\n<p>Mike Bellafiore,<br \/>\nAuthor. <a href=\"http:\/\/www.amazon.com\/gp\/product\/0470529407?ie=UTF8&amp;tag=smtr-20&amp;linkCode=as2&amp;camp=1789&amp;creative=390957&amp;creativeASIN=0470529407\">One Good Trade (Wiley Trading)<\/a><img loading=\"lazy\" decoding=\"async\" style=\"border: none !important; margin: 0px !important;\" src=\"http:\/\/www.assoc-amazon.com\/e\/ir?t=smtr-20&amp;l=as2&amp;o=1&amp;a=0470529407\" alt=\"\" width=\"1\" height=\"1\" border=\"0\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Question: What do traders do for the rest of the day after they have been stopped out especially when it happens early in the day? Answer: Thank you for the excellent question. You trade on the demo. You make details notes in your trading journal about the set ups that ended as losers. You talk to others on the &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/traders-ask-now-what\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,10],"tags":[826,793,4674,30,50,18,1193,653,276,489],"class_list":["post-6395","post","type-post","status-publish","format-standard","hentry","category-general-comments-2","category-mike-bellafiore-bellas-blogs","tag-ask","tag-now","tag-one-good-trade","tag-prop-trading","tag-proprietary-trading","tag-smb-capital","tag-trader-education","tag-trader-training","tag-traders","tag-what","no-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Traders Ask- Now What? | 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\/traders-ask-now-what\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Traders Ask- Now What? | SMB Training\" \/>\n<meta property=\"og:description\" content=\"&nbsp; Question: What do traders do for the rest of the day after they have been stopped out especially when it happens early in the day? 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