Inside Trade| Handling Failure in Forex

"Failure doesn't mean you are a failure it just means you haven't succeeded yet." -Robert H. Schuller 


Every investment involves a risk. If you want to achieve more you should be willing to risk more. 


The risk of losing in the Forex market is always just around the corner, like a monster under your bed. It gives you the creeps that anytime, during your sleep, something might crawl out to scare you. But remember that monsters under the bed does not exist and is only a product of our own imagination. Although risks are true, we must be brave enough to face it. In the end,  it boils down on whether you were brave enough to take the risk and discover that there isn't any monster  or just tucked yourself  under your blanket the whole, afraid of something that doesn't really exist.


However, if ever you had experienced failure in Forex before, always remember that tomorrow is another day. You must take it as a challenge that you had to overcome. An obstacle that's waiting to be debarred.


It doesn't mean that what you weren't able to achieve today, you wouldn't achieve tomorrow. It is just a matter of determination and how you improve yourself in order to overcome the adversaries of yesterday. You can't fully predict the outcome of your trade but you could always learn from your mistakes. Analyze your trade and take note of your mistakes and observation to serve as reference for the future.


Continuous improvement of your technique would lessen your chances of losing. When you feel like giving up, just remember this phrase: "Not everyone that worked hard had succeeded but all those succeeded had worked hard."