Loss is a very common affair in not only Forex but also in other businesses. To trade Forex passionately, you have to embrace losses. But, don’t let those losses de-motivate you. Rather keep your attempt running and don’t change your trading style frequently because it is harmful.
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.
It’s quite impossible! This is why, money management is such an important parameter here; we need to divided our risk presence here; in my trading I can’t rely on any specific trade position since, I don’t gamble here!
Losses in trading are almost inevitable, but with the right approach, they can be minimized.
In order to avoid losses - I advise you to initially think about how to start working correctly
I think we cannot avoid the risk in trading, because sometimes loss is inevitable, the way to minimize the risk is only with learn how to determine best trading time and price to enter in the market and determine exit point on the right place, don't expect irrational target or too large target because hard to achieved and could leading to loss again
Mar 23 2022 at 10:01
Mohammadi posted:Risk management is vital in order to be successful.
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.
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