How to Overcome large trading losses?

Every trader has to face loss at some point in their lives. The only thing that matters is the teachings it leaves when others take your money. It's a teacher for a trader which teaches about how to trade in future. This even causes stress for traders. They should learn to handle stress. Sometimes we feel so bad about the loss and we might decide to give up. Many people are out because they feared that they might again lose. The challenge will always be there, who will win and who will lose depends on who has done better homework about the trade and understood the market better. However, overcoming the losses while trading is always harder to do than to talk about it. It's always complicated when feelings are involved. So, here's few things to consider while overcoming large trading losses:

1.Understand the market: 

Acceptance of what has happened is the first step to overcoming the consequences of any misfortune.

                                                                                           -William James

Understanding what actually happened and caused you loss will provide you the scenario and also points out what you can possibly do to avoid it from happening again in future. After that your knowledge about what's going on broadens. Markets have trends, patterns and sometimes predictable flux. When a trader understand the loss that is made, it acts as a pivotal point. The ability to be a successful trader lies in a trader's reaction to the circumstances from that point.

Grief is itself a medicine.  
                                           ~William Cowper, Charity

Traders should consider all possible factors that might have played role during the trade. It's always important to analyze market  and also to analyze trader's self-condition like: money in the account, money needed for transaction, etc. After analyzing them refocusing to do successful trade is always emphasized. This very act of losing could be the motivation for succeeding.

2. Vivid Goal.

Goals always work as a motivational factor. When a trader is some points down, he or she can always see the goal, what's the current status and make necessary changes. If the goal is to make $1000 a week, $200 loss could still be covered. But clearly remember that greed is good when it's anchored to certain limit. While you are trying to make more from your loss, it's important to use what you have learnt. If similar situation arises while trading in which you had losses previously, then this time, it's an opportunity to meet the goal.

3. Experts and Friends:

Social circles shapes all trader. It's not that you are the only one person in this entire world who did not profit from the trader. There are millions of them. It's not a big deal. Finding a friend and getting emotional help is always beneficial. It helps to find similarities and understand that it's normal to have loss. A loss in a trade won't end up your career.

Experts are there to assist you when you need help. Find them. If  you think that you do not get why you have loss, don't hesitate to ask. They always have information you need. People are always eager to help those people who are willing to learn all by themselves rather than by someone's force.

4.Habits:

Habits defines a person. If you make a habit of learning about the market before you go for trading then it will make you informed. The habit of seeing positive things around you will make you optimistic about the situation. Loss and profits are the part of the business. Accepting anyone of them should be normal.

"Chaos often breeds life, when order breeds habit." 

                                                                                             — Henry Adams

Traders are more likely to succeed when they focus on creating habits that support trading. These habits assist them to act in optimistic way.

5. Results and Consistency:

The only thing that you have at the end of the day is result. If you lose consistently then it might hamper your career. So, do, understand, learn and succeed. Be careful with the result you produce. They somehow show where you are heading. 

“It's not what we do once in a while that shapes our lives. It's what we do consistently.” 

- Anthony Robbins