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Roberto21

Member Since May 02, 2019  317 posts Roberto21 Apr 26 at 18:42
We always advised by the senior traders and experts just for learning. but I think we the newcomers have to practice trading besides learning process. Demo account is more appropriate for them and as a learning Process newcomers can depend on Pips School.

followmyforex

Member Since Apr 26, 2020  1 posts Albert (followmyforex) Apr 28 at 12:29
I fully agree with OP. Our target is 80%+ profitable trades with minimal drawdown.

This is achieved by being very nimble and constantly reacting to the latest price action that the market is communicating to us. Staying nimble helps you stay profitable!

Imamul

Member Since Aug 09, 2017  518 posts Imamul Apr 28 at 15:19
Loss is an inevitable part of trading there is nobody who can avoid it completely; mostly loss occurs due to lack of exact money management plan as well non-skill trading knowledge. So, for avoiding loss we have to focus on there.

Mohammadi

Member Since Aug 11, 2017  787 posts Mohammadi Apr 29 at 15:43
most of the looses happens for only one reason which is mistake , i mean same mistake , if we cannot come out from same mistake there is no chance to come out losses at all.

Kazile

Member Since Apr 25, 2020  71 posts Kazile May 01 at 09:10
Sometimes, through loss, we ultimately achieve a very good result.

protrader69120

Member Since Mar 03, 2020  21 posts protrader69120 May 08 at 03:50
Loss is inalienable part of profit. Do not afraid to lose your money - be afraid of NOT being able to learn on your own mistakes.

Adribaasmet

Member Since Aug 27, 2017  859 posts Adribaasmet May 13 at 15:17
Leaning from own trading mistake is the best practice! But, we should try to complete our main learning process in the beginning stage of trading!

spanishtrader799

Member Since Feb 19, 2020  19 posts spanishtrader799 May 13 at 18:04
talanted and smart trader can turn a loss into a profit. not right away, off course - but eventually he'll succeed. But if you don't know how to deal with a loss - maybe Forex market is not for you?

Adribaasmet

Member Since Aug 27, 2017  859 posts Adribaasmet May 14 at 15:19
high leverage means high losses , its not true exactly, if there is any risk it is complete with nonsense planning or zero risk management, nothing without it.

eleonorashatik

Member Since Mar 02, 2020  13 posts eleonorashatik May 14 at 15:42
loss is a very good thing if you want to learn. Demo loss doensn't mean anything - but try to treat your demo account as your real! it will help you in the future, believe me!

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EURUSD 1.18415 GBPUSD 1.33245
USDJPY 104.548 USDCAD 1.30659

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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.