What to do after losing all the money in your IQ Option account due to some silly mistakes? Instead of crying in a corner, try to learn from the experience of not letting it happen again. The next important thing is to find a way to recover both mentally and financially to start the trading journey again after the fall.<\/p>\n

You’ve probably heard that 90% of traders fail within the first year. Actually, I don’t know the exact number. But sadly, I believe it to be true. I myself burned several accounts in the early days with a lot of mistakes my 1st year.<\/p>\n

Lack of discipline, emotional trading, non-compliance with trading plans, revenge trading\u2026 All are common reasons why a trader’s account gradually returns to zero. The upside is that the best traders sometimes fall into the abyss and come back stronger than before to become consistently profitable traders.<\/p>\n

Trust me, this is doable.<\/p>\n

So, before you curse the market for heartlessly drowning you, thank it for giving you lessons to be stronger on your trading journey. Here are four steps to get you back on track soon.<\/p>\n

Register IQ Option and Get Free $10,000 Risk warning: Your capital might be at risk.<\/small><\/span><\/a><\/p>\n

Accept the fact that you have lost all your money in your account<\/h2>\n

The first step in the recovery process is to accept that the funds in your account are gone. Some traders let negative thoughts creep into their heads to make them believe that they will never become successful traders again. However, a successful one always understands that risks are associated with trading.<\/p>\n

Furthermore, successful traders know that burning an account is a bad thing but this can happen to any trader. Instead of getting discouraged and doubting yourself, you should see this as an opportunity to learn, grow, and improve into a better trader.<\/p>\n