No trader enters the financial markets to lose money. If you’ve been trading for a while, you’ve learned that trading losses are part of the game – a kind of trial by fire that every trader must experience if they ever hope to endure and succeed over the long haul. Luckily, there are a number of proven risk management strategies that traders can employ to not only minimize their losses, but reduce their risks significantly. But this article isn’t for those people!
Suppose you just lost a whole batch of money in the markets. It devastated you not just financially, but emotionally as well. You are now recounting (and regretting) the very reasons you started trading in the first place as a realist of these recent trading losses!
First of all, breathe. You are certainly not the first nor the last to lose big in finance. While every person will feel the sting a little differently, there are practical measures you can take to deal with your losses.
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