Why do you think they made that loss? Traders often want to be right, but it is not smart to improve something that doesn’t work very well. Have you ever heard that it is a good idea not to put all your eggs in one basket? If you try to trade your feelings, you probably should not consider to trade at all. There is a way to deal with losses, but it is probably not what you want to hear. To avoid pain and fear, the best solution is to start with a small account. The strategy tester has no other choice. It will trade exactly the way you told him. So if you have made a loss on the last day of the back testing period, your strategy tester doesn’t care.

 

Maybe you could make more money doing something else. Do back testing again and again, with other currency pairs. I would suggest at least ten. It is easy to do that with automated trading. It can be done within a few minutes. Trading heuristics are caused by a too small amount of data and they are very often the cause of big losses. Do you have unrealistic expectations? I think most people have no idea about risk and fear. Trading will definitely make most brokers rich. No doubt about that. The more you trade, the more he makes. I think it is a good idea to find out what financial risk means for you before you start to trade bigger accounts. No need to hurry.

 

Once you have your profitable trading system up and running, you can always scale up your account at any given time. The Deutsche Bank is one of the biggest financial institutes around. They have all the skills, all the experts and all the technical equipment you can think of. And they lost over $100 million in 2015 because they didn’t know what was coming.