If you are losing with currency exchange, you probably want a currency trading course that may turn those losses into profits. Naturally this is the purpose of any foreign exchange trading course, but only in the sense of the bottom line.

Nobody can have lucrative trades 100% of the time. 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 many of us, we aren’t that perfect trader in the first place. So a specific amount of losses must be accepted. It’s not a question of shedding the losses, but of reducing them so they come out to less than the profits. To try this, it is really important to find out how to lose successfully : to explain, to deal with the unavoidable losses in the only way. Then move on . There is no need to analyze it to death at the moment. You can look at all your trading at the end of the week or month and see whether any patterns are emerging. But aside from that there’s no point in getting wired about a loss. But you can cut back your anxiousness about losses by knowing your system very totally. You’ll have seen that happening in back tests, if your back tests were thorough.

From those back test results you should be able to prepare 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 low point that your funds would reach between 2 highs, subtracted from the high.

So look for the worst run of losses in the back testing results. At the worst point during the bad run it was down to 650. Then it slowly started to recover, and made it back up to one thousand. The drawdown here is the difference between one thousand and 650, i.e.