Trading Psychology Tools

How long should I wait before adding to a losing position?

Jason Parker, founder of Trading Habits
The traders who last aren't the ones who never lose. They're the ones who never guess.
Jason Parker, Founder of Trading Habits

Enter Where You're At

Your Result

Fill in the fields on the left and click Get My Cool-Down to see a recommended wait and start a live timer.

How this is calculated

Risk & liability disclaimer: This tool suggests a cool-down length based on the numbers you enter and does not track or store anything after you leave the page. It is not financial or psychological advice. Trading Habits is not a broker-dealer, registered investment adviser, or licensed therapist, and is not affiliated with any broker, exchange, or data provider. Use your judgment about when it's appropriate to trade.
Jason Parker, founder of Trading Habits

Built by Jason Parker, founder of Trading Habits.