The only way to recover losses from a bad trade is to make some profitable, winning trades. Before you make any trade though, you should have a stop loss established to exit your position should you get in the wrong time and the price starts going the wrong way. If that stop is reached, you're out with a limited loss and you move on to your next trade. There's no way around having some losing trades. The key is to realize as soon as possible you're wrong, by way of calculated risk you're willing to take, and get out quick if that loss is reached. If you use the support/resistance methods, which this site is about, for entry and/or exits, stop loss limits can be relatively low, which gives you a good risk/reward ratio. You MUST have a plan of attack for entry and exit, and stick to your plan. If you don't have clear plans and stick to them, you will only lose at this game. One other thing, if you're new to trading, DO NOT TRADE MEATS!!!!!