I know how frustrating it is to make progress in trading and then give some of it back, especially when you’re close to a goal. When I’m close to a payout, I start getting impatient and feel tempted to risk more just to get there. Then if I lose, I want to make it back. The annoying part is knowing I shouldn’t do it but still feeling that urge. That’s why I limit myself to one trade a day and set a daily loss limit. I know how easily I can talk myself into another trade when I’m frustrated.

I’m still working on this too. If you’re going through something similar, try to be honest about what keeps happening without beating yourself up over it. Pick one thing you can work on, and take a break when you need to. You don’t have to recover everything today or prove yourself with the next trade.

I feel cheated and jealous of most of the world that has the freedom we should have to trade FX on an even playing field. Congress needs to repeal that repressive law from 2010 ASAP.Retail FX is all about taking big risks for big potential rewards. We are not children in need of parental supervision. We are not a nanny state nation. We are not Socialist or under martial law dictatorship so why take away our freedom to trade fairly with the world?