Paquito posted:
And that is what you like about Forex? That are all the things that I hate about Forex!!! Each to their own I suppose
My point is: when you have a good trading skill, then nothing is unplayable actually.
For avoiding risk I always use 1:100 leverage in spite of having up to leverage 1:2000 , actually leverage is an important financial tool which always contains risk , so it is better if we avoid using high leverage in real account.
Mar 28 2019 at 12:53
Imamul posted:
For avoiding risk I always use 1:100 leverage in spite of having up to leverage 1:2000 , actually leverage is an important financial tool which always contains risk , so it is better if we avoid using high leverage in real account.
No doubt leverage is a good feature but traders need to use this feature smartly! Nice to see, you are conscious of leverage; and I am hope you are calculating risk reward ratio so carefully.
So many new Forex traders try to make money from here without learning. As a result they become loser due to lack of exact trading knowledge. It’s a common thinking. I think by and large lose because they trade with emotions and don’t know how to manage money in Forex.
Imamul posted:Without learning; the path is too much sticky! Even, there is no way! Only good skilled Forex traders able to make regular money here.
So many new Forex traders try to make money from here without learning. As a result they become loser due to lack of exact trading knowledge. It’s a common thinking. I think by and large lose because they trade with emotions and don’t know how to manage money in Forex.
We loss for many reasons , one of the most common reason is immature trading plan or target , this approach always make us emotional and greedy , as a result we trade here at random and become loser . we it is more appropriate to make trading plan according to practical situations.
As a newcomer I fall a great loss , sometimes has lost almost whole balance especially when tried to recover instant loss by revenge over trading.
Mohammadi posted:
As a newcomer I fall a great loss , sometimes has lost almost whole balance especially when tried to recover instant loss by revenge over trading.
I got your point; in this case; you need to take care of money management rules so honestly!
only we can learn when making a loss ,
and in demo this experience not possible , so i always prefer live trading for acquiring real trading knowledge.
and in demo this experience not possible , so i always prefer live trading for acquiring real trading knowledge.
Loss is a common issue in forex market. There is no trader who can trade without any loss. We can not remove risks but we can minimize the loss by studying more and more about forex market. We can also select a good broker to get the guideline of minimizing the losses. I always trade with Tpglobalfx, a regulated broker. They help me to minimize the loss and help to make profit. They are like a complete guideline for me in this risky market.
most of the traders become addicted for bringing profit very rapidly , its a main problem , they should addicted to learn Forex that can make more profit from trading.
It is difficult to survive in the market for the new traders. They always be in fear of losses. If they face losses, they quit the market. As a new trader, he should know that loss is the common factor of forex trading. If a new trader can get proper education about forex, he will never leave the market. Because he knows that if he tries well he can easily recover from that losses. A broker can help a new trader to recover and reduce the losses. I am always trading with Tpglobalfx because of their support and easy trading technic which can help me to reduce my losses and make profit.
in any business, we face losses and have to think about how to get out of this or that situation, but you can protect yourself, firstly, by indicating the allowable drawdown rate, and secondly, by constantly adjusting your investment portfolio to know which assets will help you recover at the moment
Mostly traders especially the newcomers consider high leverage as much risk. But according to me I don’t consider it. If there is any risk, it is completely with non-sense planning and zero risk management plans, nothing to do with high leverage at all.
Jan 20 2020 at 07:42
Loss is part of trading.
Whenever you deny to accept smaller loss it can grow to a big loss.
Whenever you deny to accept smaller loss it can grow to a big loss.
A lot of people do recommend to make it something like one percent to three percent, but I really do not know anything about you anyway for basically any reason out there. How we can only help with this? You need to trade and then trade even more.
Jan 23 2020 at 21:05
The fact of 90 90 90
Feb 26 2020 at 13:43
AmDiab posted:Mohammadi posted:
There is nobody who is able to reduce loss completely from this volatile trading place, but taking some major steps it can be reduced sometimes. If we can manage our risk when trading practically then it is possible to reduce loss form before. So, we have to emphasis on risk management policy besides acquiring good trading knowledge.
100% doesn’t exist here; that’s way we traders need to follow the money management rules so honestly! Forex is all about probabilities, not certainty.
Feb 27 2020 at 13:03
Mohammadi posted:
There is nobody who is able to reduce loss completely from this volatile trading place, but taking some major steps it can be reduced sometimes. If we can manage our risk when trading practically then it is possible to reduce loss form before. So, we have to emphasis on risk management policy besides acquiring good trading knowledge.
