If I enter a trade intending to scalp a short move, I shouldn't automatically turn it into a longer-term position when it goes against me.
That changes the original thesis, holding period, and risk exposure.
If I want to trade a larger move, I need a setup designed for that purpose. Changing the trade's identity because I don't want to exit is not a substitute for a plan.
Prop Firm BridgeOfficial
Spot on. Turning a losing scalp into an accidental swing trade is one of the fastest ways to blow a funded account. It completely destroys your initial risk parameters and leaves you vulnerable to a breach.
In prop firm trading, discipline with stop losses is vital because breaching your daily loss limit or trailing drawdown leaves zero room for hope-based holding. If your trade thesis fails, take the small loss and reset for the next setup.
How do you personally handle the psychological urge to hold onto a losing trade? Drop your thoughts below!
