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having a losses
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Member Since Apr 18, 2017  652 posts AmDiab Jan 01 at 13:11
Roberto21 posted:
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.  

On the other hand, we need to use the Stop Loss trading tool for sure!


Member Since Jul 20, 2020  61 posts EbonyJones Sep 14 at 13:24
Loss is a common thing in forex trading. If you can deal with your losses properly, you can become successful in this market.


Member Since Apr 01, 2020  109 posts Dictiony Sep 15 at 00:55
EbonyJones posted:
Loss is a common thing in forex trading. If you can deal with your losses properly, you can become successful in this market.

yes, you are right loss is common thing in Forex and most of the traders loss their money and leave forex quickly. But you can minimize your loss if you have proper strategy and plan and also have good money management and these all things come with experience and practice.


Member Since Jul 19, 2020  59 posts AliaDare Sep 15 at 00:57
It is not possible to make a profit in trading if there is emotion. Emotional trading is very harmful to your investment. When I lost a trade, I would open 4-5 more trades to cover that loss, and then I would see that all the trades were lost because I gave priority to my emotions. To control emotions, you need to meditate after each trade close. Meditation helps to control emotions.


Member Since Jul 19, 2020  56 posts Michihito Sep 15 at 05:54
Reacting to a loss by opening a new trade is called revenge trade. Never do that. By doing so your mind get messd up. Most of the time we become unable to understand the market. We should be relaxed and think logically and make logical decision.


Member Since Jun 26, 2020  24 posts Tradelist45 Sep 15 at 07:19
traders make losses due to many reasons , i always make loss by means of same mistake , its very stupid thing i know , and i am trying to come out from this bad habit.


Member Since Aug 17, 2020  10 posts DoraWalletInvest Sep 15 at 09:55
Losses are not always the result of a mistake. No system is 100% perfect. But definitely don't 'stop trading for a while' (don't revenge trade either ofc) because of a loss. Reevaluate the situation. Consistency is not always gaining, it's minimizing the losses as much as possible.


Member Since Jul 19, 2020  57 posts UweMoench Sep 15 at 10:04
To overcome this issue you need to know what you are doing. As Warren Buffett said, Risk comes from not knowing what you are doing. If you know your strategy, winning percentage, risk-reward ratio properly, you will not react to any loss. Because you know you will recover it.


Member Since May 02, 2019  280 posts Roberto21 Sep 15 at 10:27
from last couple of week i am doing loss during news , actually i dont know why i lose more and more during news in spite of having good fundamental sources.


Member Since Aug 26, 2020  8 posts Mauk Sep 15 at 10:30
You are absolutely right, if everything is clearly finished according to your strategy and trading plan, then the sharpness will be quite minimal and the losses will seem insignificant.

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