Forex Festival

If you are losing with currency exchange, you wish to have a forex trading course that may turn those losses into profits. Of course this is the aim of any forex trading course, but only in the sense of the bottom line. Even the most perfect trader who never makes a single stupid mistake will have times where the market just does not follow his plan. Then for most of us, we’re not that perfect trader in the first place. It isn’t a matter of losing the losses, but of reducing them so that they come out to less than the profits. The simplest way is just to record the loss on the spreadsheet where you record all your trades, together with the trigger, the stop loss that you set, and what happened. Then move on . There’s no need to investigate it to death at this time. You can look at all of your trading at the end of the week or month and determine whether any patterns are emerging. But apart from that there’s no point in getting strung out about a loss. It has happened and that is it. Easier said than done, I know. All systems go through bad occasions when they just seem to lose and lose, even when you’re doing everything by the book. You will have seen that happening in back tests, if your back tests were radical. From those back test results you should be able to ready a calculation of the drawdown of your system. This is the most that you would expect to lose in a bad run. It’s the lowest point that your funds would reach between 2 highs, subtracted from the high. The drawdown here is the difference between one thousand and 650, i.e. 350 or 35%.