If you’re reading this right now and feeling exactly like this, don’t close the tab. This article might be the reason you don’t give up. Let me share exactly what happened to me and how I survived this dark phase.
The dark phase is that period when nothing seems to work. You follow your rules, but still lose. You study hard, but results don’t come. Your mind becomes full of self-doubt and frustration. Most traders reach this point within the first 6–18 months of their journey.
This is not a strategy problem. This is a trading psychology problem. And how you handle this phase decides your entire future as a trader.
Every serious trader faces this phase. The difference between those who succeed and those who quit is simple: successful traders push through this period while others give up.
If you quit here, you will never know how close you actually were to becoming profitable. Many traders are just 100 steps away from consistent profits when they decide to stop. This phase is painful, but it is also the greatest filter in trading.
I started with binary options after watching a TikTok video. I made $20 profit on my first $10 deposit and got extremely excited. I even told my friend that I would soon support my entire family and ask my father to retire. Within a few days, I lost everything.
After that, I moved to forex. I studied indicators, bought expensive tools, and deposited money again. For a few days I made small profits, but then I lost control of my emotions and blew the account. I bought funded accounts and blew those too.
At one point I was completely broken. I had back-to-back losses, zero confidence, and my psychology was destroyed. I seriously considered quitting trading forever. But something inside me refused to give up. I reminded myself about my parents’ expectations and the dreams I had for my life. That’s when I decided to change my approach completely.
Today, I look back and thank God that I didn’t quit during that dark phase.
Here are the common signs that you are in this difficult period:
If you’re experiencing most of these, you are in the dark phase right now.
After blowing multiple accounts, I stopped depositing money for a while. I focused only on learning and practicing on demo. I worked on my psychology daily. I accepted that losses are part of trading and stopped fighting the market.
The biggest change came when I stopped looking for quick profits and started focusing on long-term consistency. I reminded myself that even if I lose for one full year but learn and grow, I am still ahead because I am becoming a better trader.
This mindset shift helped me survive the darkest period of my trading journey.
One powerful approach I adopted was this: Pick one thing and become the best at it.
I decided to focus deeply on trading psychology and risk management. I started by becoming the most knowledgeable person among my 4 close friends. Then I aimed to be the best among 40 people, then 400, then 4,000. This compound knowledge approach helped me improve faster than ever before.
Instead of trying to learn everything, I went deep into one area. This single habit made a massive difference in my trading psychology and results.
Pro tip from my experience: The traders who survive this phase are not the smartest ones. They are the ones who refuse to quit when everything feels hopeless.
Yes, it is completely normal. Almost every trader reaches this point. The key is to recognize it and not make permanent decisions during temporary pain.
It varies from trader to trader. For some it lasts a few weeks, for others it can stretch to 6–12 months. The important thing is how you handle it.
Not necessarily. You can reduce your risk significantly or move to demo trading while you work on your psychology and knowledge.
Yes. Many successful traders were in exactly the same situation you are in right now. This phase is actually a sign that you are getting closer to real improvement.
Focus on learning and psychology instead of making money. Reduce your risk, journal your emotions, and stay consistent with your studies.
Trading psychology is not taught in most courses, but it is the most important skill you will ever develop. The dark phase you are going through right now is not the end — it is the test that separates those who truly want success from those who only dream about it.
I almost quit multiple times. But I’m grateful I didn’t. Because the trader I am today was built during those difficult months when everything felt hopeless.
If you’re in this phase right now, I want you to know one thing: You are not alone, and you are not a failure. You are simply in the process of becoming a better trader.
Don’t quit. Keep learning. Keep showing up. Your future self will thank you for not giving up today.
Drop a comment below and tell me — are you currently in this dark phase? I read every single comment.
Ready to push through this phase? Start with one small action today.
Shurah Beel Hamid is an active forex and gold trader who shares real trading psychology lessons from his own journey. He focuses on helping traders survive the difficult phases and develop the mindset needed for long-term success.
Disclaimer: Trading forex, stocks, and precious metals involves substantial risk of loss and is not suitable for every investor. Past performance is not indicative of future results. Always do your own research.