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Losses are a part of trading
Mar 02, 2021 at 11:38
Member Since Jul 19, 2020
298 posts
Losses are a part of trading forex. We must understand that and accept that so we don't get disappointed but if we learn to control losses and money management we will not lose that much. losing 10 pips is better than 100 pips and that is my opinion so I always use stop loss to make sure I don't lose that much. We also will always have market turning against us so its wise to take profit when we can.
Mar 02, 2021 at 12:29
Member Since Jul 19, 2020
751 posts
No matter what, loss will always be there in forex trading because this market is bound to loss and that is why we must work hard just to ensure that we eradicate part of the loss because we can never get rid of such loss but to minimize it.
Member Since Jul 23, 2020
759 posts
Member Since Nov 23, 2020
17 posts
Member Since Nov 23, 2020
17 posts
Mar 09, 2021 at 05:38
Member Since Nov 23, 2020
17 posts
Mikehamilton posted:I don’t risk more than 2 or 3% of my total trade. Works for me.ramirokeller posted:I agree! I try to focus on my risk reward ratio and manage it properly so that I don’t end up losing so much. How much do you risk?SofieAndreasen posted:Every investment is full of losses and the degree of risk might vary but ultimately it remains as long as you’re investing.
There is no risk-free investment. Loss is common in the trading market.
Member Since Feb 04, 2021
35 posts
Mar 25, 2021 at 11:19
Member Since Feb 23, 2021
330 posts
Making consistent profit by forex trading is not an easy job. Very few people can do that. Most people get temporary success in trading. To become successful in trading one must require necessary skills and knowledge. Otherwise it's difficult to be profitable.
Mar 25, 2021 at 11:32
Member Since Jul 31, 2019
1 posts
anybody can trade. anybody can click buy/sell button. anybody can win a trade. but can you do it consistently?
the casino has an edge over the player, yet anyone can win on the roulette table. but the casino has the odds in their favour, over time this makes them profitable.
its a game of odds, put the odds in your favour.
the casino has an edge over the player, yet anyone can win on the roulette table. but the casino has the odds in their favour, over time this makes them profitable.
its a game of odds, put the odds in your favour.
Member Since Jul 23, 2020
869 posts
Mar 25, 2021 at 13:07
Member Since Jul 23, 2020
869 posts
Tremblay posted:Ture. Traders need a profitable trading strategy to make consistent profits from trading.
Making consistent profit by forex trading is not an easy job. Very few people can do that. Most people get temporary success in trading. To become successful in trading one must require necessary skills and knowledge. Otherwise it's difficult to be profitable.
Member Since Mar 17, 2021
536 posts
Apr 08, 2021 at 14:28
Member Since Mar 17, 2021
536 posts
Davidwise posted:Yes. If you want to make a good trading career, you have to take risks.
There is no denying the fact that losses are an integral part of your forex trading career. You must come prepared for the losses for a better trading future.
Apr 08, 2021 at 16:41
Member Since Jul 19, 2020
788 posts
Imamul posted:Yes, you are right. I usually start trading revenge without learning from the loss which can never bring the benefits of a trading career. So I need to learn from loss.
losses is a very common thing in this area but we take losses as depression but loss always taught us a great lesion.
Member Since Mar 16, 2021
477 posts
Member Since Mar 17, 2021
536 posts
Apr 14, 2021 at 18:22
Member Since Mar 17, 2021
536 posts
zarhard posted:Loss is the learning part of the trading. If you can amke your mistake as your learning things, you can make a good trading career.
Losses in the past taught me things that have made me profit in the future. Always good to be optimistic after a loss, just one more lesson to make you a better trader!

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