This thing has been discussed exhaustively in the forum, the talk of trading and how to control ones emotions when trading, i am not a day trader, but i think a trader with the right skills and knowledge, who knows the risk involved in trading would know how to combine trading and other life activities, and also know when to stop. The thing is, trading is quite risky, that is why newbies are advised to stay away from trading, whilst the mistake the more experienced traders make is to think they can make profits everytime, or to keep on chasing profit even when they are losing.
I have to say also I always bumped this kind of thread but I guess, I still see it interesting to answer. I think the moment you decide to enter trading, you have known already that handling emotions is crucial in trading, otherwise you will always end up with a negative outcome. And the only thing I did when I’m in at loss, I stopped trading and take a break. For me, it’s important not to rush in making profits in trading, so that it will not come to a point that you destroy your mental and emotional state just to recover your losses and chase bigger profits when trading.