After hitting a stop-loss or experiencing a small loss, the biggest challenge is managing your emotions. Here's a step-by-step guide to help you regain control:
1. Avoid the Market for 24 Hours: Do not watch the market for the next 24 hours.
2. Take a Cold Shower or Ice-Cold Bath: Immediately take a cold shower or an ice-cold bath, if you don't have any medical issues like high blood pressure.
3. Eat Something Healthy and Tasty: Choose something nutritious and enjoyable to eat.
4. Get a Good Night's Sleep: Aim for at least 6 hours of sleep. If your anxiety is high, consider taking one Panadol tablet.
5. Morning Routine: Wake up refreshed and take another cold shower.
6. Healthy Breakfast: Enjoy a healthy sandwich with black coffee.
7. Spend Time with Loved Ones: Engage with your friends and family, and enjoy your life.
8. Engage in Activities: Watch movies and participate in other enjoyable activities, but avoid the market.
This routine will help you avoid revenge trading and further losses.
