The best advice i can give you is not to fall in love with a trade, the market, or a position. As traders we trade, and that means we sometimes take losses. Remember, the goal is to make money each day, and nothing else matters.
Amen. 1. Trading = guessing. Over time, one will learn which guesses are better (presuming, of course, the market doesn't bust one first) 2. There are many stories about successful, famous traders who eventually got busted. Nobody is immune. Like a giant poker game... If you leave the table with everybody's money, you were successful. Until then, don't get too attached to your pile of chips.