Apiary Fund Blog

Don’t Give Up! How to Slowly Get Back into Trading

[fa icon="calendar"] May 6, 2019 6:00:00 AM / by Lukas MacMacKen

Trading is difficult. It takes a long time to hone into a particular strategy that works well for you and to find what times and pairs work best for that strategy. With all the difficulties that can come about in trading and the frustrations that come from the losses, every great trader has had their losses. If you watch the Trader on the Street and Apiary Fund trading sessions with Shawn Lucas, there will be times it's a losing session. And while Shawn’s loss may be few in far between compared to the wins, they still happen. It's a process of getting to the point where your trading days are far more successful than negative. But one important thing is to never give up.

Quitters never win and winners never quit is a good mantra to have in the back of your head whether you're trading or going at any other task. It's important to keep in mind that while you may have stopped trading in the past, don’t look at it as quitting and giving up as a whole. If you haven’t traded in a while, it can be looked at as a break before you get back into trading. If you haven’t stopped trading yet, don’t stop. Even if you're falling out, place trades even just once a week and look at charts and historical data every so often. This allows for familiarity with the markets and your platform to remain up to date. Platforms update and change, as does the market; placing just one trade a week allows you to stay in touch with everything that changes. That, way when you decide to fully take up trading again, you'll be able to pick up with ease.

If you did leave trading all together and are looking to get back in, it's always a good idea to start back up in a simulated account. If you trade with Apiary Fund and were in a funded account before you left trading and come back, one of the requirements,, depending on how long you were gone, that Shawn Lucas set up is going back into a simulated account. This is to help get reacquainted with the markets and the platform since a lot can change in a relatively short period of time with FOREX. This is why, regardless of your broker or trading company you're with, it's always good to restart in a simulated account.

Regardless of your reason for leaving in the past, or why you think you may leave in the future, it's a good idea to start or continue small. Starting with a simulated account and getting reintroduced to the platform or continuing on with small trades even once a week so to not need to come back to numerous updates. Either way, trading is a skill that sticks with you but the always changing markets require adaptation. Keeping up on them is the best way to ensure higher profits in the future and quicker profits once you decide to fully dedicate yourself to your trading experience.

Topics: Trading Psychology, Trader Tips, shawn lucas, learn to trade, trading goals

Lukas MacMacKen

Written by Lukas MacMacKen

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