When I made mistakes or when I lose big amount of money in trading, I make losing very painful. What do I mean by that? I simply embrace the mistakes that I did, I fully understand why I lose and it is because of my lack of planning and also there are things that I do not yet know and I need to learn it. There are many people who not giving time to their loses, losing is part of trading so expect that there are really times that we can lose our money.

There are psychological effect if we will not handle our losses very well, we also make sure that we should journal every our trade for us to avoid the mistakes that we can make again. Backtesting is also important and traders should be aware of it because it is one of the trait of advanced trader who practicing by reviewing the recent and past price action of different kind of charts.

We can become a strong trader if we can fully embrace our losses in trading, we should treat the losses as opportunity to grow. We can become a trader where we can avoid major losses and maximize our returns if we will find the lessons that we can get from our losing trades.