Forex

I have begun my forex trading learning and what I hard lesson I learned the first few days. Emotion, not to lose capital, and cutting your losses has been an experience that had me cursing, screaming, doubting myself and the whole nine. Granted, I only practiced for two days prior to trading with my personal funds. Wow I got slammed, I lost 75% of my initial capital. Trading with no plan, no clear understanding, or even an idea except for timing the market. I digress as my emotions are coming forth and not reason.

For all the reasons above, of course, I lost money. Trading a new platform amongst more experienced traders, hedge funds, and money managers. So after losing all my position when the USD/JPY tanked, I remembered my Elliot Wave book, which I began to read as my losses were mounting. Take a deep breath.