Back to Blog

Real-life trading: how to recover losses and get back on track


Even experienced traders get it wrong now and again. What matters is how you react to losses. I recently took a big hit but made it back in four days with controlled trading.
Only a few days ago I was certain that the Nasdaq had bottomed out. I let my 20% fundamental view cloud my judgment and did not take my 80/20 rule as a whole into account. I ignored the 80% technical levels and subsequently I took a big one-day loss: £1,320.
In true form, speaking as someone who teaches how to get back losses in a controlled manner, I have spent the last four days patiently getting that loss back. How did I do that? Trading first in smaller sizes, slowly making small gains, then taking confidence from this to increase my size and maximise my winning trades.
To find out more about real-life trading why not join me for a live webinar? My webinars are based on real trades made with real money in real time. As you can see below from my trading history, this involves learning how to take the rough with the smooth.
Register for a free webinar to see how you can improve your trading experience.
Steve Ruffley
Chief Market Strategist
Intertrader.com
For more information, trading education and offers visit Intertrader.com

Share this post

Back to Blog

Spread betting and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading these products with this provider.
You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.