One Question You Need to Answer Before Today’s Open

Preparing for That First Loss and Staying Focused

So… the market’s about to open, and your charts are loaded up.

But before you take that first trade, here’s a question you need to answer…

MENTAL PREPARATION

“What will I do if my first trade is a loss?”

Sounds simple, right?

But think about it… how often do we dive into the session without preparing for a potential rough start?

And when that loss hits, what happens?

Disappointment, frustration… maybe even overtrading or chasing bad setups to “get it back.”

Sure, in a perfect world, you wouldn’t feel that way. But you’re human, and sometimes those negative emotions creep in with an early loss.

So today, let’s prepare for it.

This is the plan: If your first trade is a loser, you shrug it off and stay on track.

Here’s How to Handle It:

  1. Acknowledge the Loss: Remind yourself that losses are part of the game.
  2. Pause and Review: Was it a good trade that just didn’t work out? Or was it outside your plan?
  3. Refocus: Stick to your process. The next trade doesn’t care about the last one, neither should you…

Here’s the thing… the first trade doesn’t define your day, but how you respond to it does.

So, take 30 seconds right now.

Write down your plan for handling that first loss.

Because the more you prepare for adversity, the less likely it is to derail you.