Category: Forex

By: Rob Booker - Forex Magnates Post

I wanted to close all my trades, take a massive loss, and never look at the market again.

It was 2010, and I was trading the Swiss Franc, and I was in a terrible trade. I hated the trade. I hated myself. I thought, “my system sucks, my trading sucks, I suck.” Worst feeling ever. I considered changing my trading system about 100 times a day.

I pulled myself out of this mess. But more on that in a moment.

When a trader asks me if it is time to change her trading system, What I think she’s saying is that her current strategy has lost money. I think it’s more accurate to say that the trader lost money. And that’s ok. We all do.

[ Read the Whole Blog Post ]