What to do if you lost your deposit

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So, what you do when you lose your deposit ?

It can be the first time, second time, third , etc. I’ll be honest, I was in such situations many, many times. There were always two options. Just finish trading and think about something else, or continue with some updates of Lessons Learned, trading systems. I’ve being punched like in boxing by my own wrong decisions and I admit that it was my wrong decisions. Mr. Market punihed me very cruelly knocking me down time after time.      Of course these were psychological traumas and I had to cope with it somehow.

The first and most important thing is to stop in time. Take your time, try to escape from trading, do something else, relax, go to the pool, try jogging in the morning, take your bike, go to the park, go to the forest, spend your time with the family, socialize with friends and try to communicate with other people around, do what works for you. Afterwards, if you decide you want to continue, you have to do deep analysis why did it happen.  You have to update your system.  Do not return to trading until you feel you are done with your Lessons Learned, or change your trading system. Sometimes it requires fundamental changes, otherwise you repeat the same mistakes again and again.

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