As it was mentioned earlier, there are TWO timeless rules of Investing in FOREX: RULE #1) ~ Cut your losers; let your winners ride. YOU WILL HAVE LOSING TRADES. We do. Every FOREX trader does. The key to being a consistent, predictable, reliable trader is to, at the end of the day, add up more wins than losses. And, when you KNOW (based off your trading rules), without a doubt, that YES, indeed you are, in a losing trade, don't keep losing money (lowering your stop loss) just to *prove you a.