Como Tomar Una Pérdida | Esses Bootcamp Día 25

This episode of SS Bootcamp, day 25, focuses on the crucial emotional aspects of trading, specifically how to handle losses. The speaker, with 3-4 years of trading experience, emphasizes the importance of patience and psychotrading control. The psychology of trading is presented as a tool to manage emotions and make correct decisions, especially during market volatility. The core idea is that while trading involves technical analysis and identifying potential price movements based on past data and confirmations, understanding the emotions of other market participants is key to anticipating shifts. This involves thinking like an average trader, one who might be swayed by emotions. For instance, a trader might close a profitable trade prematurely due to a small drawdown, or conversely, enter a buy trade on a minor upward candle in a strong downtrend, only to be stopped out. The speaker encourages envisioning oneself as an ideal trader—one who respects the trading plan, documents every trade, and controls emotions. Emotions like fear, anxiety, greed, and hope are common in trading and can significantly influence decisions. To combat this, a proven strategy, sound risk management, and emotional self-awareness are necessary. The market itself reflects the emotions of other traders. For example, when the market hits new lows, many traders might enter buy positions out of hope or FOMO (fear of missing out), only for the trend to continue downwards. Patterns like "equal lows" (areas of equal minimums) are identified as liquidity zones that large institutions often target, making them potential take-profit areas for sellers or entry zones for buyers anticipating a reversal. Similarly, "equal highs" can signal liquidity for institutions looking to sell. The speaker illustrates the emotional rollercoaster of a trade: initial confidence and greed ("I'm a genius"), followed by fear and panic when facing a drawdown, leading to premature selling, and then regret or rationalization ("only a bounce," "the market is manipulated"). This cycle highlights how emotions can override a well-placed stop loss. A trading journal is presented as an indispensable tool for identifying repetitive patterns in losses. By documenting trades, traders can understand what they are doing right when profitable and what they are doing wrong when taking losses. This data collection helps in recognizing patterns of success and failure. The speaker shares an example of their own journaling, noting that losses often occurred when trading against the trend, not respecting their chosen timeframes, or being influenced by FOMO. The journal serves as a feedback mechanism to identify and correct mistakes. The importance of a trading plan is stressed. This plan should include regular trading hours, a consistent risk percentage per trade, and a limit on the number of operations per day. The primary goal after a loss should not be to immediately recover it, but to adhere to the trading plan. This involves respecting the daily loss limit and disengaging from trading for the day. The speaker emphasizes the importance of what happens *after* a trading session. If a trading day ends in a loss, it's crucial not to let it ruin the rest of the day, affect mood, or lead to impulsive decisions. A lost day is just that—a day. The market will still be there tomorrow, offering opportunities for profit or further losses, but the key is to approach each day with a fresh mindset, not driven by the emotions of previous trades. The focus should be on learning from losses and not seeking revenge. The transcript details a specific Friday trade example. The speaker had a clear bias, identified a liquidity sweep, and confirmed confluences. The trade involved analyzing multiple timeframes (1-hour, 15-minute, 5-minute, and 1-minute) to confirm the trend and structure breaks. This resulted in a profitable trade, a "continuation" trade. The speaker also notes days where no trades are taken, which is perfectly valid. The goal is not to trade constantly, but to trade with conviction. The speaker shares their personal risk management strategy: a 1% to 2% profit target and a 0.5% to 0.7% stop-loss limit. They discuss a trade that resulted in a small loss (-0.6%) despite having many confirmations, explaining that higher timeframes (4-hour) were against their direction, while lower timeframes (15-minute) aligned. This highlights that even with strong confluences, trades can be lost, and it's important to understand the reasons. The concept of a "trading plan" is further elaborated. It should define the trading hours, the daily risk percentage, and the maximum number of trades. Crucially, the objective after a loss is to respect the plan, not to compensate for the loss. If the plan allows for one losing trade per day, then after taking that loss, trading for the day should cease. The speaker addresses the common issue of "overtrading." The advice is to have a clear trading plan. Overtraders know what they shouldn't do but do it anyway, often driven by emotions. The key is to take action based on the plan, not on emotional impulses. Regarding trading around news events like CPI or PPI, the speaker states they might trade after the news has passed, but not during the event itself. The necessity of being in an operation is addressed. This need stems from a lack of a solid trading model and strategy. A trading plan, with pre-defined confirmations before entering a trade, helps mitigate this. A common pitfall is being overly focused on making money, which distracts from focusing on the trading process itself and developing good habits. The speaker suggests that if one feels unproductive without taking trades, engaging in other activities can provide a sense of accomplishment and reduce the pressure to trade. Trading shouldn't be the sole focus of one's life, and having other income sources can provide tranquility, reducing anxiety and allowing for better decision-making. The speaker shares their personal routine: after trading sessions, they engage in other activities like training or going to the gym. They strongly advise against checking charts compulsively after a session, especially after a loss, as this can lead to further impulsive trades and compound losses. A crucial point is that a losing day should not dictate the entire day's mood or actions. Tomorrow presents a new opportunity. The focus should be on winning more when profitable and losing only a small percentage when not. The urge to "get revenge" on the market after a loss is a destructive emotion. The speaker recounts an instance where, after a losing trade, they immediately analyzed the "perfect trade" scenario and identified their mistake, rather than dwelling on the loss. The importance of a trading journal is reiterated as the key to learning from losses and improving. The journal should document the trading plan, including the limits on operations and risk. It helps differentiate between profitable trades (often aligned with higher timeframes) and losing trades (often against the trend). The speaker addresses questions from their community. Regarding overtrading, the advice is to have a clear trading plan. To manage the fear of operating after a loss, the speaker recommends not taking immediate revenge trades. Instead, if a directional bias is proven wrong, it's better to step away. For those starting, the advice is to take trades consistently, perhaps in demo accounts, to build confidence and gather data. Backtesting is highlighted as essential for understanding loss probabilities. A user shares a significant loss ($1,200) after a winning streak and asks for advice. The speaker attributes this to poor risk management and the absence of a daily loss limit or operation limit. The core message is that a trading system and plan are fundamental for profitability. The speaker explains how they use collected data from their journal (photos of charts across various timeframes) to identify perfect setups and avoid bad ones. The question of managing frustration from years without seeing profits is addressed. The speaker emphasizes self-belief and perspective. Visualizing one's future state—funded accounts, financial independence—provides motivation. Each setback, whether a blown account or a losing streak, is seen as a step closer to becoming the ideal trader, as it offers learning opportunities. The speaker shares a personal experience of having a million-dollar funded account and still making mistakes by deviating from their plan, highlighting that even experienced traders can fall into emotional traps. The journal and self-reflection were instrumental in correcting these errors. The journey of a trader is described as having ups and downs. The key is to consistently do what is known to be right and learn from mistakes. The speaker concludes by recommending a video on the trader's journey and encourages viewers to provide feedback on the bootcamp episodes, sharing what has helped them.