The risk on this trade must have been 100 percent, correct? Realize that sometimes, losing some money can be a way to learn the hard way, and improve your trading. It's just too bad you had to lose that kind of money. When I trade in markets, I know that I will eventually lose. So, I must plan for losses. I must create a written trading plan, and the plan must have my maximum risk per trade. I have found that if someone has a maximum risk per trade of more than 5 percent, they will most likely lose over time. Usually, a risk of 1 or 2 percent per trade is more common and leads to better long term results. It must also contain my risk to reward goals. Probably, having a more than 1 to 1 risk to reward ratio in your trading is essential to being successful over time. This means making more on profitable trades than you lose on unprofitable ones. The reason why everyone always loses is because there are times when the market can make big moves that make no sense at all to anyone. This is because oddities actually can and do occur. There have been times when it has been known that a trader at a firm made a trade and put in an extra zero or two on the trade size accidentally, and made the market make a big move. If you enter a crashing market like the one in 2008, it can become remarkably scary, with massive moves and massive corrections. If you think that this market environment can kill your account, wait till you encounter those market environments. I read a book by a guy who ran a trading firm, and wrote a couple of books. I wish I could remember what it was called. He told a story in the book about a guy who was trading for a firm. The guy was talking to his boss, and said that he thought the market that they were trading was supporting, and he thought it would go back up. The boss asked him, "so you have that much confidence in your technical analysis?" The guy said yes. So, the boss called in a large sell order, and the market immediately fell through support. It was a good story, and the point is, that we can't always know why the market does what it does, and sometimes, it does some unpredictable things. It doesn't have to always add up.