Three reds in a row, and then the fourth trade
Streaks happen by chance. The behaviour after them is the part worth measuring.
Three consecutive losses is not evidence of anything by itself; random sequences produce runs all the time. What is not random is what many traders do next.
Measure the trade after the streak
Size, time gap, and outcome. Compare it with your median trade. In plenty of books the fourth trade after a losing run is both the largest and the fastest, which is a difficult combination to defend.
Rupees at risk, median across a year. Illustrative journal data, not a live book and not a performance claim.
A cool-off rule only counts if it pre-existed
If you wrote "stop after three" in the morning, the fourth trade is a measurable breach. If you invent the rule on Sunday, you have created a statistic that will always flatter the past.
Optional context fields
Sleep, an argument, an unusually early start. Not medical information, not a diagnosis, and entirely optional — but occasionally they explain a cluster that the market data cannot.
- The rule, written on the morning card with a timestamp
- Streak position of every trade, computed from the book
- Minutes between the losing exit and the next entry
- Size of the next trade against your rolling median
Key takeaways
- Measure the trade immediately after a losing streak.
- Only score a cool-off rule that was written in advance.
- A journal flags behaviour; it should never block your broker.
Not advice, not a call. NiyataBook is a personal trading journal, not a SEBI-registered investment adviser or research analyst. Everything above looks backwards at trades that already closed. What happened in a book does not promise what happens next, and F&O can take a year’s savings in a week.