【Scalping Course 2】After a loss, is it okay to enter again? The idea of choosing "the next one" with GOLD
After you have cut losses, when the market starts to move.
“I want to recover the loss from earlier. But I’m also afraid of losing again.”
In short-term Gold trading, you may find yourself more uncertain in judgment after a loss than before entry. Should you re-enter in the same direction, switch to the opposite direction, or pass?
In this course, we will organize the order of checks to select the next trade after a loss. Rather than practice placing orders quickly, start by verbalizing the reason for the next order.
First, CALDO 1.1.50's reference results for this time
The period is from 2026-10-08 00:00 to 2026-10-09 06:00 (Japan time). Including new signals in the early morning of October 9, 1 LOT = 100 oz, fixed spread of 0.2 dollars per ounce were used for the tally.
| Item | Result |
|---|---|
| Closed signals | 5 trades (2 wins, 3 losses) |
| Win rate | 40.00% |
| PF | 0.5575 |
| Total profit | +1,523.10 USD |
| Total loss | −2,732.10 USD |
| Net income | −1,209.00 USD |
PF is the total profit divided by the absolute value of total loss. This time it stayed below 1 and showed a negative for the entire period. When you only look at the two wins, you may overlook this point.
Look at all 5 trades in chronological order
| Direction | Start (Japan time) | End (Japan time) | P/L per 1 LOT |
|---|---|---|---|
| SELL | 10/08 00:01 | 10/08 00:32 | −812.40 USD |
| BUY | 10/08 10:05 | 10/08 10:15 | −822.80 USD |
| SELL | 10/08 23:09 | 10/08 23:22 | −1,096.90 USD |
| SELL | 10/08 23:41 | 10/09 00:42 | +1,049.20 USD |
| BUY | 10/09 01:20 | 10/09 02:04 | +473.90 USD |
This result is a reference replay using the saved CALDO 1.1.50 logic and reference prices/observation ticks. The model is the initial setting of Extended AI (EXTENDED_16M). It is not the performance of an actual account’s filled trades or real-time operation of 1.1.50.
Fixed spreads reflect a one-time impact of $20 per trade, with 5 trades totaling $100 included in the profit/loss once. The original signals and end times have not been changed. Fees, swaps, and additional slippage are not included. There are 0 unsettled trades; carry-overs from before the period are not included, and there was no forced settlement at 6 am.
Holding times ranged from 10 to 61 minutes. Here we use this as material to retrospectively judge short-term trading decisions; it is not treated as any number of seconds or minutes of scalping results.
Should I re-enter after the next win?
Late in this section, there was a case where a loss on a SELL was followed by a profitable SELL, and the next BUY also profited.
After seeing the results, you might think, “I should have sold again,” or “I should have bought next time.” But at the moment the next signal appears, that outcome is not yet known.
Also, this chronological order alone does not prove that re-entering after a loss has an advantage. The overall profit/loss for all five trades is negative, and this is not a validation of discretionary re-entry.
Therefore, we want to revisit two differences:
• Re-enter to recover the previous loss.
• The current market conditions meet new trading criteria, so consider placing orders.
The amount of the previous loss is not a basis for the next entry. Even CME's market psychology materials discuss how the difficulty of accepting losses can influence trading decisions. First, check whether your order rationale includes a motive to “recoup.”
Source: CME Group “Misconceptions of Taking Losses”https://www.cmegroup.com/education/courses/trade-and-risk-management/misconceptions-of-taking-losses
Start practicing re-entry with free access
From here, we organize concrete examples of re-entering in the same direction versus switching to the opposite direction. We also include calculations for stop-loss width and LOT, and postings for an “Entry Recheck List” and a practice record sheet that you can copy and use.
First, in a demo trade or chart review, write the reason for the next order in one line. For those who want to continue reading, please take advantage of the free access registration for this article.