Take a loss

Yesterday AUD/CAD trade went the wrong way and I got stopped out.   Looks like price decided to test the 200ma.  A downward trend could still be on here so I'm keeping my eye on this pair.

Forget about it and move on!  LEARN TO LOSE !   RESPECT YOUR LOSSES!!

Losing is part of this business.  The unsuccessful trader will respond with frustration: “Why do I always get caught buying the highs? I can’t believe “they” ran the market against me! This market is impossible to trade.” Because of that frustration-and the associated self-focus-the unsuccessful trader does not take any information away from that trade.