Title: Good win ratio but lack of discipline causing losses – Need advice
Hi traders,
I have been trading options for a while and my win ratio is actually good (12 profitable days out of 17 traded days this month).
But the problem is discipline.
My entire monthly profit went into loss because of just 2 bad trades (big losses on Mar 12 and Mar 19).
I usually follow my strategy, but sometimes I overtrade or hold losing positions hoping for recovery, and that destroys my monthly P&L.
My questions:
- How do you maintain discipline in option selling/trading?
- How do you control big loss days?
- Do you set strict daily loss limits or stop trading after one big loss?
- Any practical methods to avoid revenge trading or overtrading?
I want to become a consistent trader and protect my profits.
Thanks in advance.
https://www.reddit.com/gallery/1s57kyx
Posted by Salty-Habit-209
1 Comment
this is actually a classic pattern… good win rate but a few losses wiping everything. the issue isn’t your strategy, it’s position sizing and loss control, one rule that helps a lot is your max loss per trade should be small enough that 2–3 bad trades can’t kill your whole month. also stop thinking per trade, start thinking per day or per week
once you hit a loss limit, you’re done… no one more trade.
discipline isn’t about willpower, it’s about having rules that make it hard to mess up