There is a question that many traders ask in the market. That’s how to get through the period of continuous loss. For me, in addition to psychological stability along with a capital management strategy, an effective trading method also contributes greatly to help you overcome that difficult period.
In this article, I will review the Horizon trading strategy – a highly safe way to trade in Olymp Trade. Try applying this method when you finish reading the article. I am sure it will improve your trading in a positive way.
Review the Horizon trading strategy in Olymp Trade on June 26
EUR/USD currency pair.
Heiken Ashi 1-minute candlestick chart.
Open an order with an expiration time of 3 minutes.
Balanced capital management.
Order 1: At the European session on June 26 of the EUR/USD currency pair, the Heiken Ashi candlestick chart changed color from red to green, and the SMA5 (Yellow line) crossed the SMA22 (Green line) from below. At the same time, the MACD indicator cut the 0 line from below. Opened an UP order with the 3-minute expiration time and $200.
Order 2: In contrary to the first order, the Heiken Ashi candlestick chart changed from green to red. After that, the SMA5 crossed the SMA22 from above. Meanwhile, the MACD crossed the 0 line from above. The conditions has met to open a safe DOWN order.
Order 3: Entered a safe UP order when the Heiken Ashi candlestick chart turned from red to green. At that time, the SMA5 line crossed the SMA22 from below. And the MACD indicator cut the 0 line from below definitively.
Order 4: Entered an UP trade with a high win rate when the Heiken Ashi candlestick chart turned from red to green. The SMA5 crossed the SMA22 from below. And the MACD cut the 0 line from below.
Order 5: Heiken Ashi candlestick chart of the EUR/USD currency pair changed color from green to red. Then the SMA5 started to cut the SMA22 from above and the MACD indicator crossed the 0 line from above.
How to face and overcome the loss properly?
Like you, I was also a trader who experienced many emotions in trading. I once burned through a month’s worth of hard-earned profits in just a few hours. But losses are part of trading that we have to accept.
But not every trade is a loss. You have to find a way to shorten that bad time. Here are a few tips to help you get through this difficult period.
A meaningful loss lies in the trading strategy
When you “lose money”, you have learned a lesson. It’s a meaningful loss. So don’t let your precious coins go to waste. When you lose, you have to see where the losses come from and find ways to improve them. Only then can you minimize the loss later.
If you think loss is just a minor incident and don’t spend time to analyze it, then gradually you will see losing money as a completely normal thing. This is extremely dangerous thinking that prevents you from becoming a successful trader in Olymp Trade.
Once you have become a trader, you also know that losses are inevitable. But that loss must be in your plan or within your allowance. Do not try to avoid it. Accept it and find ways to overcome it to continue walking on the path you have chosen.
Prepare a good mood with effective trading strategies
You feel scared every time you enter the market with a previous loss. Then there is a high chance that you will continue to prolong your losing streak when trading with fear.
So don’t worry about the previous results. It will affect the current investment. Face the market in the best possible position.
If you have prepared very well before investing and still lose or have a long losing streak that makes you mentally unstable, then what you need to do is to take a break. Separate yourself from the computer screen, from the price chart for a while. Because now, it’s hard to make the right decisions.
The market is still there tomorrow, next week, next month. So you don’t have to force yourself to make a profit.
When you have stabilized yourself, it is time to return to the market. Forget about the losses and focus on finding profits in the present. It’s the most effective way I’ve ever used to deal with and overcome loss.
If you are losing for a long time because the current trading strategy doesn’t work well, then Horizon is the one for you. I believe it will help you to improve your current trading situation and get through this difficult time.
Don’t forget to test the effectiveness of Horizon trading strategy on the Demo account first. Hope you find the right strategy and get through the losing period quickly.