Shark: "Best thing to do after a large loss is to book a green day, book a couple of green days". So true, week before last I took a 12k loss on a Monday, didn't panic and was green each day the rest of week. Ended up a solid green week for me. If you acknowledge the mistake & address the mistake w a corrective action plan, it seems to make a difference mentally for me. I was surprised how fast that week turned around.

Oh, you lost 300k one day... that makes my $4.74 loss today not feel to bad.

Being in drawdown is a part of the game. Don’t always try to get back to your career high water mark with each day, or even each week. Just wait for those no brainer trades. I find my largest drawdowns come after huge winning streaks and I get sloppy due to ego, and trading larger on the setups that are still profitable, but have less edge.

This dude is a gem. He doesnt get enough screen time

Shark should have his own channel. Great video so far Thank you!!

My hardest thing to get comfortable with is exiting losing trades quickly. Accepting the red is hard. That right now is my biggest challenge, removing the emotion from taking my stops. I can't wait for the day when I don't feel bad taking stops.

Shark being one of the biggest traders at SMB, I love hearing his thoughts.

When you’re not trading we’ll, it’s because of market environment changing. After the loss streak, be a sniper, cut losses and aim for no brainier trades with smaller risk

Risk never goes away, so I'm going to size down and work on my attitude toward loses.

I maxed out my daily risk limit today getting caught up in fake breakouts and getting stopped out.  I always come back to this video when I am in a mental slump over a bad day of trading.  Listening to Shark helps me refocus.

Thanks shark and mike for this one- I bankrupted my self late 2018- 200k-AUD- bought btc top/kept blowing up -Have been studying ever since. It,s only in the last few weeks I,m ready to try some setups with a 1k account to get some hard data on my self. Shares like this help me add to my risk management system. Highly appreciated. I don't know where beginner traders would be without you guys.

I hear a lot of what I’ve learned and practice from what he tells in this video. As a scalper, getting back to the basic processes, scaling down, slowing down and resting has always been the answer. Thank you, SMB!

i took a semi big loss today and was slightly undisciplined. I followed every textbook advice, go for a walk, meditate and reset, read my plan/checklist,  take sniper trades. i even watched this video to remind myself. haha
Made 1/3 of my losing day back. Big win overall on the week.  Thanks for the vids.

A treat to hear from Shark; always. I take many small losses but usually get back in if the setup presents itself again (it was a stop hunt). In the past I wouldn’t get back in, I thought the trade was invalidated (and it wasn’t always) and that would kill my PnL.

I can attest to stepping away for a bit and scoring a win in the simulator can definitely have a positive impact.

been through 2 slumps. They both improved my trading immensely. Find a way or get a job.

Love these videos. This is officially my favorite YouTube channel

This has honestly been the most helpful video you guys have ever made.

slow down & size down + have the positive day on the high odd setups

Need more of these