I typically trade two different styles.
Where I am trading off 5 min bars and scaling quickly based on short term price action.
Where each weekend I run my scans & set alerts on any charts that meet my criteria.
Then I take a longer term position if / when triggered.
Yesterday I had 2 day trades on and 6 swings.
My provider went down and I could not do anything with any of my trades.
For a few seconds I was lost and in a panic.
Then I remembered parts of my process that made it all fine:
- Position sizing
- Hard stop loss
Before I enter a trade I always know how much I am willing to lose on that trade.
As soon as I enter a trade I always place a hard stop at my total risk amount.
So my worst case scenario was I will lose what I had already agreed to lose if the trade goes against me.