HeavenLeighGill
(HeavLeighGill26)
Member Since Aug 05, 2021
401 posts
Jan 10 2022 at 15:43
I agree. Loss will happen and we shouldn't lose our minds over it, but it isn't such a big deal with risk management precautions in place.
Losses are not worth talking about. They need to be analyzed so as not to be allowed in the future.
RobertFerrari
Member Since Aug 15, 2021
415 posts
Jan 11 2022 at 05:35
HeavLeighGill26 posted:You have to make a good plan to minimize the losses as much as you can.
I agree. Loss will happen and we shouldn't lose our minds over it, but it isn't such a big deal with risk management precautions in place.
Tradelist45
Member Since Jun 26, 2020
298 posts
Jan 11 2022 at 07:11
in order to me when you bring profit then of course you will make mistake but when you face losses , you got pain and learn a good lesion which is a best teacher and very supprotive to avoid next some of losses. that's very clear answer.
PeteLanceley
Member Since Nov 06, 2018
83 posts
Jan 11 2022 at 13:50
Mohammadi posted:Manage risk > stick to the plan > focus on win rate or RR and you'll be successful long term.
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.
Losses in this industry are a fairly frequent process. I would advise you to analyze the reasons in order to prevent this from happening in the future.
There are many trading strategies but good risk management plans are less variable and should be utilised by all.
If you can't spot the liquidity then you are the liquidity.
Loss in forex trading occurs when a trader's trade goes against them, and they incur a loss. They can prevent loss by using various strategies. To mitigate risk which can lead to loss, traders need to know the currency supplies and use effective money management systems.
RobertFerrari
Member Since Aug 15, 2021
415 posts
Jan 15 2022 at 12:38
skihav posted:Loss is a common affair in this market.
Losses in this industry are a fairly frequent process. I would advise you to analyze the reasons in order to prevent this from happening in the future.
AholicTwinkle
Member Since Oct 19, 2020
8 posts
Jan 21 2022 at 21:21
It is impossible to eliminate losses completely from your trading. The fact is that the markets are totally unpredictable and the traders deal with probabilities only. That is why the market can go in different directions irrespectively of our expectations, that is why it is of vital importance to follow risk and money management.
I try to treat losses as my own mistakes. It should be understood that if a trader receives a loss, then he has something to work on.
Loss in forex trading is a common occurrence. When trading in the foreign exchange market, it is possible to make high profits as well as incur large losses. Many traders lose money because they are not properly prepared or fail to follow their own trading plans.
For me, losses are the most unpleasant thing while working in the market. I try to be as careful as possible with this.
skihav posted:By making loss, a trader can make himself perfect in this market.
Losses are not worth talking about. They need to be analyzed so as not to be allowed in the future.
Willowerno
Member Since Jun 19, 2020
38 posts
Jan 28 2022 at 07:04
Every trade you place will have two outcomes, profit or loss. Many traders keep trading normally despite having a streak of losses due to a simple reason. They implement smart risk management strategies, which help avoid heavy losses along with safeguarding capital.
CraigMcG2020
Member Since Jul 20, 2020
399 posts
Jan 28 2022 at 07:47
PeteLanceley posted:Mohammadi posted:Manage risk > stick to the plan > focus on win rate or RR and you'll be successful long term.
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.
Put that on a post it and have it on your computer! simplicity right there but brilliant
My golden rule is no more than 2% per trade .
I never deviate from this and its stood me well
I never deviate from this and its stood me well
You have think loss to be your companion if you are a Forex trader. However, loss will help you learn and make you a perfect trader in the end. You have to make sure loss doesn’t divert your concentration from trading. You should try to get out of loss as much as possible. But you can’t fully avoid losses because it is a part of trading.
AndrewMcCalam54
Member Since Jun 12, 2021
132 posts
Mar 10 2022 at 10:44
loss is an inevitable parts of trading that will occurs of course. so we the traders should accept the losses easy.