We have all fallen victim of the "it will come back" sort of thinking because we don't like admitting we are wrong. But trading is the one pursuit where being wrong is a necessary condition to the activity. It's a game of odds. and what we are trying to do is try to get the odds in our favor - not delude ourselves into thinking that every event will be a success. once we take a position with real money in the market, "we become the market", and are subject to the same forces as all other traders, namely greed and fear. We can trade someone else money or demo trade and do very well. But, as soon as we start risking our ... (full story)