It’s better to be freed from the bind of “not being able to admit losses”—from the start, there is no such thing as stopping loss.

In the FX market

I tend to think too negatively about stop losses

In order to actually dispel this and solve it

everyone becomes an opposite-side (counter-trend) trader

So you incur big losses in a trending market

and then shift to trend-following trades

and continue to lose in range-bound markets

and ultimately return to counter-trend averaging down

and repeat that cycle

But what you’re doing is

in the end you’re saying you “don’t want to cut losses”

There’s a part where you can’t seem to let go of the negative aspect of stop losses

To eliminate these kinds of issues

you have to trade in a way that makes the concept of stop losses disappear

Switch to a trend-following trading approach

And you have to plant in your mind that you aren’t making stop losses

If you continue doing only that

then you just need to keep increasing what you can in FX

※ For those who want to keep earning in FX, click here ↓

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