Hi Callen, You can use the money management tool at this url: http://www.jasonryanmembers.com/forex/riskcalculator.html Warmest Regards, Jason Ryan

Hi Callen, Welcome to the world of Forex Trading. Don't beat yourself up too much, every trader has been through what you're experiencing now. Don't rush your trades, especially when you take a loss. There's always tomorrow to take another trade. You've taken the right step in learning about trading psychology. Good move! The aim of the forex game is to achieve consistent results. Your first month might have been just a lucky month (beginner's luck perhaps), then December comes and reality sets in. If you want, i can send you a simple money management tool which can help you see exactly wha......

Take it in your stride, losing a trade is part and parcel of fx trading. Do not rush back into the trade, because chances are you are going to make a trading decision you'll regret. There will always be good trading opportunities every single day. Look at the long term, realize that forex is going to be around for a long time to come, so there is no need to rush back into any trade. Keep your emotions at a calm level when entering a trade (*it is difficult to keep our human emotions calm when we have just lost a trade) Hope this helps! Wishing all traders success, Jason Ryan