The stock market is known to be quite unpredictable and according to trade psychologists, it is foolish to think that a loss can be predicted. Professional stock traders are well-aware of the fact that not all investments will be profitable but learning to accept failure as a lesson and motivation to improve on yourself is crucial. Putting the focus on the things that are under your control is more important than making it a priority to end up with a profit for the day.
Psychology experts warn the traders that a profitable day is not the one that made a profit but rather a day where the research was conducted and you followed your plan strictly. More importantly, not becoming obsessed with failure but putting the focus on the investing strategies would develop you as a successful stock trader. The stock market is not a place to make easy money in the short-term but can be described as a learning process that could be profitable in the long-run with consistency.
Instead of chasing perfectionism try having a more realistic view of the stock market. Not every loss is a failure and this lesson will help you not to dwell on past mistakes but put your efforts towards something more productive. Have a look at this premium article to find out how to take a loss effectively.
