This point actually marks in the above summary in the previous paragraph. Tolerance and risk of losses is closely linked with the ability to operate a financial market. What an investor not for forex market wants to see just how much is going to win .... While the investor is able to look at what risk-benefit ratio involved in the operation.
Misleading Market ... the market will give back more than once, and can often sequentially. Overcoming these moments will bring not only economic benefits but also for personal growth as a trader, which is invaluable.
I will give a pattern to when this will happen. If you do not have a trading journal, write down where each of the operations carried out, ask yourself one. Write the date, time, management of the operation, the pair selected, the price of entry, exit, and the accumulated results, along with a note explaining how this particular operation ido, which has characteristics, why they may have failed, and so on. .... This, perhaps, give something that is worth more than the short-term benefit: the discipline.
If you already have a trading journal, make sure that it contains each of the above, to continue its development as a trader.
Respect of losses .... If you can not bear to see his account in the negative, you are a liar, because he is lying to himself and gets hurt deception believing able to operate in the forex market. This also goes for many of the websites of collectors (who are alone) that roam freely in cyberspace.
Let's be serious .... Do you not understand what venture capital is? Because venture capital, the only one with which to enter the market FOREX is that its total loss is not any change in their daily lives. So ... why it affects you both lose 5% of capital. Because it is self-deceiving, and this market is not for you, because it is entering the capital with appropriate ... mainly attracted by high returns offered, you are entering some savings, which can not be considered risk capital, so the damage loss is reflected in their attitudes. If you really go to market with venture capital, I assure you it will be much easier to act with discipline, rigor and objectivity (and that you can make a very good trader).
If you are intolerant to losses, no matter how high they are, you are condemned to suffer in the forex market. Basically take the wrong decisions because they are often desperate for help in the arms of some stranger who just magical and will report more losses, and ultimately realizing that something was not done well and that perhaps is in the wrong place. I've seen as a trader with a loss of 10% of its initial capital and after months of good performance became absolutely irrational (fear, stress, paranoia) and just leaving the market after a fall of 90% in the capital.. And another with a loss of 62% came alive with determination, perseverance, belief in absolute objective system and the period of loss that could support raising the driving and now has a small fund family with enviable results.
