You should have seen this coming for some time now.
All that stuff about being able to do well without appearing to try too hard, or even appearing to try at all; even you could not have been conceited enough to believe that, could you?
Shove your conceit and condescension in the trash , because right now, you have no claims to having done well at all. Go ahead and try stare your disappointment down. You won't, because you know that it is much more than just failing one paper. Its about everything you believe in; its about accepting that you are not as good as you think you are.
So what are you going to do about it?
You have alway prided yourself in being able to pull things out of the pocket at times like these, so here is the chance to prove yourself right or wrong, once and for all. You have always believed that you have that extra bit that allows you to cut the corners and still get through fine. You have always believed that you have the will and determination to pull yourself out of anything you might have gotten yourself into in the first place. Well, ditch that facade of superiority, until you have got yourself out of this.
So stop wallowing in your self pity and disappointment. Truth is, you will just have to slog as hard as some other people to get where you want. You have never believed in pounding an issue, and you have had your chance to prove yourself right, but you failed. You have one final opportunity some time next month.

You better make good the next time.