How do you respond when you lose all your capital in forex

[Ramon Ramirez]

when we get a lot of profit, we would not need to be mentally prepared, but when we lose a lot of even the entire capital of course we must be mentally prepared to deal with it. some people will do it refreshing to forget the disaster and some may be prayed to God that strengthened the faith. How about you? What do you do?

[K12]

I think when one loose big, he/she should first (1) take a break and then (2) really find out what really went wrong before trading again. This may take some time before getting back to the right state of mind and being fully refershed. Usually the reason is bad money management in particular (a) Risking too much on one trade and (2) holding too long to losing trades (3) revenge trading by way of adding more to losing trades in hope that the market will turn in to your favour! Hope this helps!

[⭐ kaito kid]

Most people respond " I would be very upset " or " I would go bankrupt ". Well trading under these circumstances is a mistake; remember of only trade with money you can afford to lose.

[Angelika]

All depends!

 

What does it mean lose big? .... Is big 1000$ 10 000$ 100 000$ 1 000 000$ 1 000 000 000 $!

The "Markets" and "Instruments" are differnet also.... " Maybe it will be a good strategy to "wait around"

[K12]

Remember, it is a PERCENTAGE. Loses is measured against your bankroll which is a percentage of your account. Many suggest not to risk more than 2 percent of yor account on each trade. But lets say that for some reason because your strategy or whatever you are comfortable to risk no more than 10 percent of your account on each trade and lets say thats fine for you. But then if you violate your own rules and say lost 20 percent then it means you lost big percentage of your account.