Losses are something that real Forex traders get used to:
You must learn to accept losses as a forex trader. There's no way around it. Don't be a whiner. Learn to accept defeat.
One of the most important lessons you must learn if you want to succeed as a trader is how to take losses. Nobody is absolutely right all of the time.
It is unavoidable to incur losses. Even Michael Jordan and Tiger Woods, who are considered the best in their fields, lose often.
There will be trading streaks in which you have a string of profitable trades, but they will inevitably end and you will lose money.
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It's critical not to lose your cool at this point; you must maintain self-control. There isn't a cowman in the building.
Pause for a moment. Relax and calm down. Take a deep breath and relax, man.
Keep out of the business before you've regained your equilibrium and the ability to reason again.
Never complain about your defeat, and never hold a grudge against a loss.
The trick to minimizing losses is to act rapidly before a minor setback becomes a major setback.
I will say it again. The trick to minimizing losses is to act rapidly before a minor setback becomes a major setback.
Never, ever, ever, ever believe that you will never lose. That is completely absurd. Losses and gains are both a part of the trader's world.
Losses are an inevitable part of life. Switch on to the next trade after you've recovered from your defeat.
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