My 3-Year Trading Journey: Mistakes, Losses & Lessons

Three years ago, I entered the stock market with one simple goal:

I wanted to support myself and my family financially.

Like many beginners, I believed trading could change my life quickly if I just worked hard enough. I spent hours learning charts, watching trading videos, studying indicators, and trying to understand how the market moves.

At that time, I thought trading was mostly about finding the “perfect strategy.”

But over the last three years, I learned something much harder:

Trading is less about strategy and more about controlling yourself.

And honestly, the market gave me one of the toughest phases of my life before teaching me that lesson.


The Beginning: Excitement, Hope & Overconfidence

When I first started trading, I would enter trades almost every time I saw a green candle.

Everything looked like an opportunity.

If the market moved slightly upward, I felt I was missing out if I didn’t enter quickly. I had no patience, no risk management, and almost no understanding of emotional discipline.

Sometimes I made profits too. (like really huge sometimes), And that made things even more dangerous.

Because small wins gave me overconfidence very quickly, Beware, this happens with everybody.


The F&O Trap

One thing that kept destroying me repeatedly was F&O trading.

It feels extremely attractive when you are new.

The idea of making fast money with small capital pulls you in emotionally. And honestly, even after learning many lessons, I still kept making the same mistake over and over again for a long time.

I used to:

  • overtrade constantly
  • trade without proper stop losses
  • risk too much capital in single trades
  • hold losing positions hoping the market would reverse

That word — “hope” — cost me a lot of money. Hope trading is actually a concept in trading,that can destroy someone.

I could not accept losses properly. And because of that, one bad trade would wipe out days or even weeks of profits.


The Biggest Mistake I Made

My biggest problem was revenge trading.

If I made ₹1000 consistently for several days, I would eventually lose ₹10,000 or more in one emotional trade.

All the hard work would disappear instantly.

Instead of accepting a bad trade and walking away, I would try to recover losses immediately. That usually made things worse.

I also had a terrible habit:
I couldn’t place stop losses properly.

Not because I didn’t know they were important.

But because emotionally, I always hoped the market would come back.

Sometimes it did.
Most times, it didn’t.

And that cycle repeated again and again.


The Emotional Side of Trading

People often talk about profits in trading.

Very few talk honestly about the mental pressure.

Losses affect you emotionally in ways most outsiders don’t understand.

There were phases where:

  1. my confidence dropped badly
  2. stress stayed high constantly
  3. I felt mentally exhausted
  4. I questioned myself repeatedly

Trading can quietly affect:

  1. discipline
  2. emotions
  3. patience
  4. sleep
  5. self-confidence

especially when you are trying hard but still making mistakes.


What Changed My Trading Completely

Over time, I slowly started understanding that survival matters more than excitement.

Now my trading style is very different compared to before. I made Few rules , and I try to abide by them no matter what.

  • Learn From past mistakes and Journal your trades.
  • No Overtrading. A limit of 2 trade a day , max 3.
  • Always Use Stop loss. and if SL is not automatic, you quit if SL hit no matter what.
  • Only Enter on strategies.
  • Do not close Profitable trades before target. (This is something I am still struggling with)
  • After a Loss, take a break, relax, and don’t trade that day.
  • No FOMO(Fear Of Missing Out). The market will give an opportunity again, so no rush.
My 3-Year Trading Journey

These rules actually helped a lot in minimising my losses, I swear. I thought, trading is a money game but no it is a mind game guys.


Learning to Accept Losses

This was one of the hardest lessons.

Today, I accept losses much more calmly.

I now use stop losses properly.

And even when I don’t place them physically sometimes, I already know my exit mentally — and I make sure I follow it.

That emotional attachment to “hoping the market reverses” has reduced a lot compared to before.

I finally understood something important:

A small loss is normal.
A blown-up account is not.


One Thing I Still Struggle With

I am still improving in one area:
holding profits.

Ironically, after learning risk management and discipline, I now sometimes exit winning trades too quickly.

I protect profits early because I know how painful losses can become. But because of this, I missed many thousands of profits.

So this is still something I continue working on:
letting good trades run without fear.

And honestly, I think every trader always has something to improve.


What Trading Really Taught Me

Trading taught me much more than charts and candles.

It taught me:

  • emotional control
  • patience
  • self-awareness
  • discipline
  • risk management

The market exposed every weakness I had:

  • greed
  • impatience
  • fear
  • revenge mindset
  • lack of control

And slowly, I started becoming more aware of my own behavior.

That, more than money, became the biggest lesson.


Final Thoughts

I am still learning.

I am still improving.

And I still respect how difficult trading truly is.

But compared to where I started three years ago, my mindset today is completely different.

Earlier, I was chasing excitement.

Now, I focus on discipline, process, and survival.

Because in trading, staying in the game long enough to improve is more important than chasing quick money.

And honestly, I think that is a lesson every trader learns eventually — usually the hard way.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top