Despite what some traders try and create an illusion of, we all lose and have rough mornings. The first day back after Labor Day weekend wasn’t the greatest for me; however, it wasn’t terrible either. I just had a few trade ideas not work out, so I had to cut them quick and move along.

I wanted to do a quick “update” video to show ‘why’ it is so important to just cut your losers fast and move along. As you can see in this video, I was not only able to get myself back to breakeven on the day, but I was also able to put myself up over $200. Not an amount that is going to make anyone rich, but it goes to show that being disciplined and trading without emotion will always keep your portfolio within striking distance of “going green”.

Below you can see what my overall stock trading day looked like. Usually I don’t trade nine different stocks in a single day; however, I am not opposed to it either. If I believe there is a profitable trade opportunity, I will always give it a try.