You must eliminate “Human Emotion” as much as possible in this business. It is paramount to success.  Unless you are adapt at predicting the future, your mind is a far weaker ally than all the tools in your toolbox.

Using a Star Wars analogy: the Jedi were superior in mind control and were able to play tricks with weaker minds. Humans are emotional bunches who are not fully prepared for the forex market.

Really once you overcome fear, self-doubt, emotions, and attachment to money you, will be on your way to long term success. Depending on how much power those words have over you, will determine amount of time needed to develop needed skills for growth.

Remember you will learn how to control fear, self-doubt, emotions, and attachment to money as those are human emotions buried inside each of us since birth. Abundance is our birthright, yet many never reach full potential.

The market has no concern whatsoever for what your mind thinks; it will go where it wants to go, regardless of what you think. You must overcome and adapt to ever changing market conditions.

If you set your stop loss at whatever, then you must be prepared to follow through and accept a loss if it happens. If you have a loss, you must not let the loss damper your enthusiasm.

Review your trading plan to figure out what went wrong. Your procedure must become purely mechanical and consistent. Don’t waste quality time worrying about losses in practice regimen account, learn to accept and determine solutions on not making same mistakes over and over.