What to do when you hit a losing streak?

1. Suspend trading.

2. Review each of the losing trades.

3. Determine what the problem was: in the trading mechanics or in your emotions.

4. If there are problems with setups, make adjustments to the trading plan.

5. Take a break from opening trades for a few days.

6. Reduce the risk to a low threshold: for example, 0.1% or 0.25%.

7. Open 10 quality trades.

8. If the result is positive, return to standard risk.

9. If the result is negative, repeat.

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