Recovering your account with Forex scalping

If your trading experience in Forex resulted in a loss of some good portion of your initial investment, there are two things you have to do.

First - stop trading immediately and let your mind and emotions settle down. The pause after a streak of losing trades in Forex not only heals you state, but also allows to escape market conditions that caused you to lose your capital.

After couple of days or a week look back at your system and evaluate what went wrong.
Redefine your trading parameters. Read more about Forex trading, learn something new.

That's all common sense recovery of your traders personality and fixing your working tools...

Now about actual account recovery. Will it be reasonable to return and trade long term if your Forex account has shrunk substantially? I'd say, no!
You can't afford another streak of losses. You need real profits right away. Most of us can enter a trade and make first 5-10 pips with no efforts. So, let this scalping approach be your helper for the first month. Get in, grab your dear 5 pips and get out. If you don't know the system that will allow you to scalp efficiently, spend some time researching.

You may say, that's a tough routine. Well, yes, but remember, you were the culprit of your large losses, so now it is time for a serious work. Scalping in Forex is a hard work, but it is the most efficient method to recover your thin Forex account to normal weight.

Happy Forex scalping!