Why You Need to Learn to Lose Properly to Win at Forex Trading
['Nial Fuller']
Learn To Trade The Market
If you start viewing losing trades as just a part of the costs of trading, you will begin to shift your thinking from ‘trying to avoid losses’ into trying to MANAGE losses. You have to shift from expecting to win every trade, to remembering that you won’t win every trade no matter what, and you don’t know which ones you will win and which ones you will lose, so have no expectations and don’t ever risk more than you are OK with potentially losing on any one trade. Trading is difficult for most people because they cannot come to grips with the FACT that they are going to have losing trades as well as winning trades.