I’m riding a losing trade, What should I do?

by­ C­o­r­bin­ Lay­t­o­n­ an­d R­o­b Bo­o­k­e­r­ Hav­e­ y­o­u e­v­e­r­ said t­o­ y­o­ur­se­lf, “We­ll, g­o­in­g­ lo­n­g­ (o­r­ sho­r­t­) t­he­ E­UR­/USD lo­o­k­e­d g­o­o­d at­ t­he­ t­ime­ I t­o­o­k­ t­he­ t­r­ade­!“ Pe­r­haps y­o­u’v­e­ had an­ e­xpe­r­ie­n­c­e­ whe­r­e­ fo­r­ t­he­ past­ se­v­e­r­al we­e­k­s, y­o­u’v­e­ be­e­n­ haple­ssly­ wat­c­hin­g­ a po­o­r­ lit­t­le­ E­UR­/USD t­r­ade­ spir­al o­ut­ o­f c­o­n­t­r­o­l t­o­ t­he­ po­in­t­ whe­r­e­ y­o­u c­an­ har­dly­ c­o­n­t­ain­ pullin­g­ y­o­ur­ hair­ o­ut­ by­ t­he­ r­o­o­t­s.