I am currently at negative $7,390! While it has definitely been frustrating, I've done my best to stay grounded and keep learning from my mistakes. I am finally starting to see what is working for me, trusting in my decisions, not giving in to human impulses to buy and sell to quick or to hold.

I think the most difficult part is staying positive and optimistic, but also reasonable when your results have shown otherwise. Of course I am in the negative because I made mistakes, but those mistakes can either be seen as just mistakes, or lessons - if they are lessons then it's possible to stay positive.

If anything I am grateful to still have some money to make gains and learn from what I have done. Whenever I make a mistake I try not to do the same thing twice, and then spend hours days and weeks figuring out new strategies, learning and trying indicators and such that work for me.

Here are is the most important lesson I have learned, and of course this is not new, but took me a while to really get it. It's only human to want to get everything out of the trade.

Mistake: Tried to predict the market too early without waiting to get confirmation of my prediction. For example I would try to predict low points without seeing it actually change direction yet trying to get the absolute low Problem with this of course is that often time it would go down further, and I would lose a percentage and it might not even turn around at all.
Solution: Wait until I see the trend change and confirm my prediction then take the meat of the move as Tim says. To help me see if the trend has changed I am finding the Heiki Ashi candles invaluable. It really helps to prevent the human urge to buy or sell too soon. It allows you to see the trends easier. I also have found that the RSI, Awesome Indicator and MACD together can provide some incredible information to confirm trends, along with the Ichimoku and EMA. I know some of you don't like using a lot of indicators, but I think this is what works for me. I try not to get too caught up in them and over analyze. 

This is just what I am learning, of course my chart gives no indication that I am right or wrong, just sharing. Check back later and see if I am right or wrong. I think the main takeaway is that whatever happens, you learn faster and make better decisions when positive and calm, regardless of how things turn out. ;)