Re: What's your strategy for coping with big losses?
First thing I would suggest when starting trading is only trade with the money you are afford to lose. Second thing set your stops so that if your SL is hit then you do not feel that now all your money or most of it is gone. Build your MM in that way that there is aslo a recovery plan what you are going to do if your SL is hit. If yu have a plan what to do next then you do not feel so down and you will start to work to climb out from hole.