Losses come from very many and different sources. At every one time when you open a position in the market, ensure you know what you are doing. be aware that it could go bad so use proper risk management and money management.
true that, losses can demotivate you to continue or in order to cover the losses you mind lose your calm and take wrong trades which might increase the losses ever further. One has to stay cool even in case of losses.
Before using leverage it is more important to ensure how to manage risk , because leverage contains huge risk for all time. they should trade in low leverage in micro account for avoiding loss, otherwise they can fall a great trouble when market moves at random.
In the work of a trader, there are unprofitable trades. It is a fact . This is part of the job (unpleasant). But they also show what the trader did wrong. Analyze what happened, take a short break and keep working. The main thing is not to start recouping in the market and strive to quickly restore the account. In most cases, you will only make things worse. Good luck to all.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.