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having a losses
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Imamul

Member Since Aug 09, 2017  492 posts Imamul May 24 2019 at 09:58
generally after having a losses from trade we become emotional and trade over and over , we lost our motive and mind , as a result become loser. its more appropriate to become cool when having a loss and stop trading for a while.  

momo3HC

Member Since Oct 20, 2018  136 posts momo3HC May 25 2019 at 16:35
Imamul posted:
 generally after having a losses from trade we become emotional and trade over and over , we lost our motive and mind , as a result become loser. its more appropriate to become cool when having a loss and stop trading for a while.  


Losses are part of the game and you`ve got to be prepared for it.

momchil_slavov@
ManUnitedBest

Member Since May 24, 2019  5 posts ManUnitedBest May 26 2019 at 06:48
very true. It is difficult to deal with losses. I am still trying to get it. I hate losing. Especially 3 trades in a row, everything spirals down for me then

Generous

Member Since Apr 19, 2019  18 posts Generous May 26 2019 at 06:55
I don't agree with this statement. The only reason someone becomes emotional and 'loses their cool' after losing a trade is if they risked more on the trade then they are willing to lose. There is a difference between 'revenge trading' and trading. If you stop trading you might miss the next opportunity. The mistake was risk management not trading.

StampGer

Member Since Jul 22, 2018  11 posts StampGer May 27 2019 at 10:39
Generous posted:
I don't agree with this statement. The only reason someone becomes emotional and 'loses their cool' after losing a trade is if they risked more on the trade then they are willing to lose. There is a difference between 'revenge trading' and trading. If you stop trading you might miss the next opportunity. The mistake was risk management not trading.


Totally. Risk management causes emotional problems. No one ever got emotional about losing money on a demo account

AmDiab

Member Since Apr 18, 2017  652 posts AmDiab May 27 2019 at 11:49
ManUnitedBest posted:
very true. It is difficult to deal with losses. I am still trying to get it. I hate losing. Especially 3 trades in a row, everything spirals down for me then


Use a notebook to printout the reason of your trading! I am sure, it’ll help you a lot!

uxStyle

Member Since Dec 26, 2018  26 posts uxStyle May 28 2019 at 06:00
Losses are inevitable in trading, and every trader has had losses at one point or the other. What really matters is how you deal with your losses. One should not trade to recover losses, but trade to learn and make profits. Psychology matters a lot for successful trading, and for growth of a trader

Laige

Member Since May 11, 2019  20 posts Laige May 28 2019 at 06:02
I agree with the last poster here anyway. You really need to learn how to manage your money here anyway. Loosing a bit shouldn't stop you at all if you really in need of something big. That things happening all the time, be prepared and set budgets for that.

Imamul

Member Since Aug 09, 2017  492 posts Imamul May 28 2019 at 11:12
In Fx trading, learning is not easy despite of having too many sources including pips school, learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme

AmDiab

Member Since Apr 18, 2017  652 posts AmDiab Jun 30 2019 at 06:48
Imamul posted:
In Fx trading, learning is not easy despite of having too many sources including pips school, learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme


Agree! In this case, learning is more challenging since there is no specific syllabus; besides a number of new traders start their trading without any mentor!

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