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losses and fear.
Nov 11, 2020 at 09:26
Member Since Aug 11, 2017
870 posts
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.
Member Since Jul 19, 2020
283 posts
Nov 13, 2020 at 11:01
Member Since Sep 25, 2019
23 posts
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.
Member Since Aug 17, 2020
121 posts
Nov 19, 2020 at 07:02
Member Since Aug 17, 2020
121 posts
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.
Nov 20, 2020 at 04:45
Member Since Apr 15, 2020
187 posts
The Forex market is a very volatile market, it deals with a high volume of transactions hence the fear of losses will definitely exist. But if you can control your emotions, you can surely minimize loss and make profit. Try to use an expert advisor to prevent losses. Don’t use too much leverage initially. Although a bit of fear is good as it prevents you from making wrong decisions.
The more your practice, the more you learn.

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