rocwell

Re: What's your strategy for coping with big losses? Some told me once that he who chases after money goes to bed tired and broke! in my experience it is very true. What i had to do to get back on track mentally was to stop thinking of the money, but think in pips which is harder to do genuinely than you might think. the other thing was to halve my usual position size. This works wonders for the emotions when a trade is in drawdown but it takes discipline because you always fight the temptation to increase the position size after a series of successful trades .