harmonic traders take loss when pattern fails

My biggest losers always happened when the pattern failed, but i did not want to admit it :-(
With harmonic trading small SL and big TP potential you can take several loses in a row. One profitable trade will cover the loses.


"A loss never bothers me after I take it. I forget it overnight. But being wrong - not taking the loss - that is what does damage to the pocketbook and to the soul."
Jesse Livermore