The way to make real money in the online forex trading market is to cut your losses short and let your winners ride. In order to do that, accept that some of your trades are going to lose, cut them loose and move on to another trade. Accept that picking a loser is NOT an indication of your self-worth, it’s not a reflection on who you are. Don’t keep a running total of how many losses you’ve had –you can paralyze yourself.
Keep eliminating possibilities long enough, and you’ll eventually find the possibility that works. Losing traders see loss as failure. Winning traders see loss as learning.
Winning traders can look at the big picture while playing in the small arena.
It’s a pretty clear numbers game – but how do you keep on trading when you’re losing in trade after trade? Simple – just remember that one trade does not make or break a trader.
