There are lots of articles regarding the success of trading in forex, however, when it comes to losses in trading there none to be found. Since, forex is a high risk undertaking, one should bear in mind that it involves risk and losses. The “how’s” and “don’ts” after losing big in trading can be a traumatic experience which leads to quitting in the long-run.
In my opinion, the best way to deal which this is to walk away from your desk or pc, since operating under this scenario can lead only to more losses. Secondly, analyze why the loss occurred in order to learn from your mistake.
In addition, a trader should make the necessary adjustment to identify the variable which was the proximate cause of the loss. And lastly, you should monitor the changes made and keep track of how they influence your trading.
In my opinion, the best way to deal which this is to walk away from your desk or pc, since operating under this scenario can lead only to more losses. Secondly, analyze why the loss occurred in order to learn from your mistake.
In addition, a trader should make the necessary adjustment to identify the variable which was the proximate cause of the loss. And lastly, you should monitor the changes made and keep track of how they influence your trading.