kamikazebogeyman
Member Since Sep 10, 2019
10 posts
Nov 09 2020 at 11:24
We need greed to want to make profit.
We need fear to help us manage risk.
Embrace both
We need fear to help us manage risk.
Embrace both
newcomers should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.
Lorencecolling
Member Since Oct 01, 2020
49 posts
Nov 09 2020 at 12:43
Fear of losses is obvious. But it should not hinder your decision-making. If it does, it gets hard to win.
traders losses because they dont know how to manage money when trading in practical. generally reducing unfortunate risk and losses is the major of money management, we should gather the experience.
Gracewilson1995
Member Since Jan 11, 2019
147 posts
Nov 10 2020 at 09:24
the more you fear the more you lose in forex thats what i believe.
risk is everywhere in Forex its a very common thing , there is no one who can deny but if you have proper money and risk management then within a very short time you can bring good amount of profit from here.
It is necessary to understand that if you survive your first loss and draw conclusions from it, then even in the future you will gain more than lose.
95% loser, I am not agree. I think only 70-80% are failing in this business , actually loss is an inevitable in Forex trading but loss comes when we trade blindly and without having knowledge , experience and skill, otherwise Forex is a lucrative business if we will do it with proper planning and strategy.
besides making profit there is only losses and fear. so we the traders have to make sure how to faces losses and control emotions. actually emotions is the foremost enemy in our life only not Forex trading all about life attitudes.
Mathewshayden
Member Since Oct 23, 2020
41 posts
Nov 12 2020 at 04:58
Losses and fear are the two most dreadful aspects of trading. They can even ruin a good and profitable trade. It is okay to be scared but don’t let it come in between your decision making.
Bladiminmunro
Member Since Oct 15, 2020
59 posts
Nov 12 2020 at 06:29
It is okay to be scared of losing but you should not let it affect your trade and trading style. It is difficult but it is better if you overcome your fears in order to be a good trader.
there is no one in this market place who can avoid losses despite of having good knowledge and experience , so we have to except this easily , always we should remember that a losses gives us a great lesson that profit cant.
GeorgeBischof
Member Since Jul 19, 2020
318 posts
Nov 12 2020 at 19:33
Loss is a common thing. You need not fear it. You have to deal with the losses if you want to survive in this risky market.
its you are right , its more appropriate to deal with dear, otherwise survive will be difficult when trading in practical.
If the loss is caused by fear and greed or other psy problems, then this will not affect the exp in any way, but will lead to large losses in the future. If the loss is the result of a mistake in market analysis or an e.g. wrong risk calc, then this can be corrected.
DoraWalletInvest
Member Since Aug 17, 2020
123 posts
Nov 19 2020 at 07:02
Mohammadi posted:
95% loser, I am not agree. I think only 70-80% are failing in this business , actually loss is an inevitable in Forex trading but loss comes when we trade blindly and without having knowledge , experience and skill, otherwise Forex is a lucrative business if we will do it with proper planning and strategy.
You might be right, we don't know the exact statistics, but I don't think the 95% is unrealistic, if we take into account that many people try trading but then abandon it after the first series of disappointments.
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