How To Win After Losing – Most Traders Make It Worse

Latest posts by Man of Mystery (see all)

One of the hardest things to do in trading is to win after losing.

A losing streak can be triggered by a number of factors. Bad trade selection. Bad luck. Bad market environment.

Unfortunately in their eagerness to “make it back” most traders usually make it worse. Typically after two or three losing trades the urge to win overtakes the ability to think calmly and collectively and a wild orgy of stop losses follows.

Despite trading for twenty years in other markets I still fall victim to these problems, especially when I experiment with new setups. But I learned to curb my worst instincts and correct my behaviour before doing real damage to the trading account. In short, I learned how to win after losing.

Marty Scwartz, the famed trader who wrote Pit Bull had a great saying. “You have to pass through neutral before you can go forward from reverse.” Marty always believed that the first thing you must do after losing is just stop trading. He was a great believer in pulling yourself away from the screen. Stopping to him meant physical separation from the market. In trading, winners never quit but they frequently stop and pause.

The single most toxic thing you can do after 3 or 4 losers in a row is to keep on trading. At that point your chances of winning are better in Ladbrokes FOBTs than on Betfair. Much better to walk away from the screen, go for a walk, have an espresso, read a book and come back next day rested and relaxed.

Why not just fight through it?

Trade until you get your groove back? Because inevitably you turn to impulsive trading and move away from the well thought out, well tested disciplined approach of our trading plan. In pursuit of “getting it back” we quickly abandon our rules. I can get sloppy, then angry, then obsessed and before I know it I’ll drop 10% of my account in one day. Fortunately, it doen’t happen too often these days.

I walk away.

JuiceStorm TV

Trading The UK, IE, US And AU Betfair Horse Racing Markets 24/7

The Betfair selections we are trading above are UK time. Only filled trades or bets appear on JuiceStorm TV.

Unsure how to get involved? Take a look here.

In 2021 TradeHost traded 7,937 Betfair UK, IE, US & AU horse racing and greyhound markets.

2022 saw TradeHost become even more profitable with 22,698 Betfair markets traded.

2023 less markets were traded – 17,459 – but a with a similar profit to 2022.

All trades and bets were streamed live on JuiceStorm TV which was was watched by 124,209 traders in 2022.

All results for the 48,094 Betfair markets traded are here and the charts are here.

Top 100 Comments on JuiceStorm.com

Racing Traders has over 20,000 registered members and more join every day. Find out why with a free trial.

BetTrader from RacingTraders.co.uk was the 1st application for Betfair & introduced the ladder UI. Invest £99 in yourself with a JuiceStorm EXCLUSIVE crypto only offer for a BetTrader lifetime license and no further payments.

Successful Betfair Traders have the simplest Betfair Trading systems. The difference is their selection process, experience and execution level. Get that difference for yourself with automated trading by TradeHost.

Our AI articles are NOT written by a real person and are provided for entertainment only. They may contain content which is inaccurate but we are hoping our AI bot, Rose, will become better over time. The AI category is the ONLY section of JuiceStorm.com that has zero human input.

2 Comments
  1. Nicklas(beginner of sportstrading) says

    I totally agree with you Man of Mystery i usally take 1 or 2 days off
    when i have gone in the wrong direction.
    Then i`m ready to get back in action, works almost every time.
    Maby we should pause more often =)

    Thank`s
    And have a great trading day!

  2. Man of Mystery says

    Hey Niklas, thanks for your thoughts and great to see you here. I pause a lot these days. But I think it’s something to do with my age. I’m not as reckless as I was in my youth. 🙂

    Good luck mate and you have a profitable day too.

Comments are closed, but trackbacks and pingbacks are open.

Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each JuiceStorm member is allowed two daily comments. Use them wisely.
  • Comments must be limited to the number of words displayed above the comment box.
  • Use branded capitalisation, eg. JuiceStorm, TradeHost, BetTrader, etc or John will get upset.
  • You agree that any comment you make may be used for marketing purposes by JuiceStorm.com.
  • You need more than 20 words? Click here for the largest Telegram community for Betfair Traders.