Profit or Loss.....they are part of our lives

Nobody likes losses. But as a trader, they are part of our lives. So what do you do when the first couple of trades are losing trades? Should you stop trading for the day?

No...absolutely not.. We should learn form our mistakes. We should start to analyze where did we anticipate wrong? why did we sell at a such a lower price? was that movement of ours correct at that point of time?

We learn many things only when we loose few trades. Its absolutely doesnt mean that we should wantedly loose trades. It only means when we loose, we need to learn.

we should look out for ways to trade. We should trade with paper currency on different trading platforms and on different instruments. Only then we will gain knowledge, experience, patience, we will understand the strategy..

Good luck traders.