The Difference Between a Missed Trade and a Bad Trade

A missed trade is an opportunity you didn't take.

A bad trade is a decision that didn't meet your process or risk criteria.

They aren't the same thing.

I can miss a strong breakout because I was waiting for confirmation that never came. That's frustrating, but it doesn't automatically mean I should have entered.

I can also chase that breakout and lose money because I entered too late.

Don't let regret about a missed opportunity convince you to take a lower-quality trade.