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Losing is as much part of trading as winning. After all, forex trading is usually a zero-sum game. It is only a matter of time before someone is on the other side of your trade and before taking the wrong side. However, it is a normal part of the overall trading process, but there is something lost that many traders have - newcomers and problems with professionals. Forex extinction believes that the main reason behind the difficulty of dealing with the losses is the lack of understanding of nature and the effect of trading psychology rather than the actual mental problems. By knowing these 4 stages, hopefully, you will be more able to manage the losses that come with trading. Stage 1: Deny The first stage of the loss enables you to deal with losing trade. At this stage, you deny yourself and others that your trading concept was wrong and the loss was not your fault. There is nothing inconvenient this way, especially if you are new. This is a way to reduce your ego, survive loss and move on. Stage 2: Logic After the denial phase, you move to rationalize your trade setup. This is a point where you point out the exact idea of your trade and you do not even think of what you did wrong. You quote your trading plan, profit target, stop loss and the accuracy of the entry points, but completely ignored that you actually lose the trade and made a mistake. Stage 3: Depression At this point, you have already looked at the potential external cause for your damages. Then you go inward and consider the idea that the loss is entirely due to its own work. Even though it is reasonable to take responsibility for your losses, it may be harmful to your own forex carrier if you suspect yourself consistently. You can ask yourself, "Is forex trading really for me?" And "Why go on at all?" If you do not find enough reason to push, you can withdraw yourself from your trade. Premium Forex course of ForexTradingForYou is the Perfect solutions for the forex traders. You can get the latest technical analysis and best trading signal hereabouts to improve yourself. Stage 4: Acceptability At this stage, you have started to realize that it is unhealthy to blame yourself for what's wrong. Although you acknowledge that the loss was partly your fault, you are also aware that the Forex market is a wildly unhealthy animal and there are many reasons for the market beyond your control. Make me clear that the recognition does not seem just right about the loss. Verily, acceptance is to leverage reality with ourselves and assume that the damage can not be undone. When you reach this stage, you acknowledge that you have made some mistakes in your part, but there are some things that you can not control. At the end of the day, it is important to remind yourself that you can not completely reverse what you've lost, but you can make it for it. You can determine how to manage your trading strategy, improve risk management, or manage your losses better. Instead of simply denying the loss, you have to go ahead, adjust and increase.

Technical parameters| (24th December- 28th December) 2018 Possible entry point with critical support and resistance level. But when you trade at this level make sure that you are using price action confirmation signal. We have prepared these key support and resistance level based on the Fibonacci retracement levels, 100&200 SMA, key swings point and chart patterns formed in the higher time frame. Focus onGBPUSD technical analysis EURUSD Look for buying opportunity near the critical support First critical Resistance: Click here Second critical Resistance: 1.16735 First critical Support: Click here Second Critical Support: 1.11088 Overall Sentiment: Bearish For GBPUSD, AUDUSD, NZDUSD, and USDCAD analysis visit www.forextradingforyou.com All the technical parameters are applicable from 24th December to 28th December 2018. The overall sentiment indicates the prevailing trend of the market. We highly recommend you to trade in favor of the market sentiment (overall sentiment) to reduce the risk of exposure in trading. Trade the critical support and resistance level with price action confirmation signal. If you want to get the technical chart analysis along with logical explanations, feel free to contact us. We provide high-quality Forex trading signals, trading consultancy, and price action trading course. Please feel free to contact us for any query. A simple 5-minute conversation with our expert will change your trading career. We publish regular technical analysis on all the major pairs every Monday. Please visit our site www.forextradingforyou.com to get details about our technical analysis. Source: www.forextradingforyou.com

Technical parameters | (14th – 18th) May Possible entry point with critical support and resistance level. But when you trade this level make sure that you are using price action confirmation signal. We have prepared these key support and resistance level based on the Fibonacci retracement levels, 100&200 SMA, key swings point and chart patterns formed in the higher time frame. Focus on NZDUSD technical analysis EURUSD Look for buying opportunity near the critical support. First critical Resistance: Click here Second critical Resistance: 1.21856 First critical Support: Click here Second Critical Support: 1.15705 Overall Sentiment: Slightly bullish For GBPUSD, AUDUSD, NZDUSD, and GBPJPY analysis visit www.forextradingforyou.com All the technical parameters are applicable from 14th May to 18th May 2018. The overall sentiment indicates the prevailing trend of the market. We highly recommend you to trade in favor of the market sentiment (overall sentiment) to reduce the risk exposure in trading. Trade the critical support and resistance level with price action confirmation signal. If you want to get the technical chart analysis along with logical explanations, feel free to contact us. We provide high-quality Forex trading signals, trading consultancy, and price action trading course. Please feel free to contact us for any query. A simple 5-minute conversation with our expert will change your trading career. We publish regular technical analysis on all the major pairs in every Monday. Please visit our site www.forextradingforyou.com to get details about our technical analysis. To get details about our video technical analysis along with live trade setup visit YouTube Channel. Please subscribe our channel to stay updated with every single technical analysis. Source: www.forextradingforyou.com