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How do I recover after blowing my trading account?

If you meet someone who says they have never blown an account before, they either have been taught risk management early on by a professional trader or they are lying.

Learning to trade is a lot like when babies first learn to walk.

It is a new skill that we must learn by experience.

You can’t walk for a baby, they must take the first step, then the next, then the next, until they walk.

In the process, they stumble, fall and even may hurt themselves in the process but it’s just that, part of the process.

You would never tell a baby learning to walk to just throw in the towel because it keeps falling, you encourage them to get up and keep trying until they are able to fully walk on their own.

This is how we should approach trading. You are learning skills that are not taught growing up so it may take a while and a few accounts to find your stride.

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