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Losses are a part of trading

Mar 02, 2021 at 11:38
1,944 Views
72 Replies
Member Since Apr 14, 2021   9 posts
May 12, 2021 at 11:11
Losses are part of trading but at what point do you say your strategy is not working. 1 loss , 10 loss, 100 loss?
Suradi (FXOday)
Member Since Apr 03, 2021   470 posts
May 12, 2021 at 19:52
Loss sometimes inevitable, this is part in trading forex, sometimes get margin call account also possible when always trade make the wrong decision, if trader can't accept loss as part in forex trading., hence this, not suit and forex not their place
Benjamin Van Tran (tranle447)
Member Since Jun 08, 2014   120 posts
May 12, 2021 at 22:58
Losses are something to do with the risk management or money management . Losses don't relate to the strategy based on my 11 years experience from trading forex . Always think about risks when opening any trades , have a plan how much you are going to lose rather than how much you are going to win .
Often , the best trade is no trade at all
Member Since Mar 16, 2021   477 posts
May 12, 2021 at 23:32
Loss is a part of trading. So if you want to cover this loss, you should maintain a risk ratio and plan.
Member Since Dec 05, 2020   81 posts
May 13, 2021 at 11:53
LukeRachel posted:
Loss is a part of trading. So if you want to cover this loss, you should maintain a risk ratio and plan.
True. What is your risk to return ratio?
Member Since Apr 02, 2020   39 posts
May 13, 2021 at 15:46
Forex is not only about making a profit, but it also includes loss. There will always be losses in forex trading because the market is bound to lose, and we traders should learn from those mistakes and ensure that we eradicate them on the next trade.
Suradi (FXOday)
Member Since Apr 03, 2021   470 posts
May 13, 2021 at 23:07
Yes, sometimes loss inevitable, but actually we can control the risk based on a risk management plan, stop loss is one feature in forex trading to manage the risk, the loss is something that not expected because this is not a goal trader due to the main goal is to make money with money, forex trading need money to make money and special skill to make business being profitable. choosing a broker is an important to step for traders.
Member Since Jan 13, 2021   38 posts
May 14, 2021 at 09:46
When starting a trade, you must understand that you will still lose a part, because this is a pattern.
Member Since Feb 23, 2021   330 posts
May 15, 2021 at 09:32
Loss is a common thing in forex trading. You should accept it.
Member Since Jul 19, 2020   788 posts
May 15, 2021 at 17:35
Tremblay posted:
Loss is a common thing in forex trading. You should accept it.
Yes, I support your opinion. Loss is a part of forex trading. Which can make me perfect.
Member Since Mar 16, 2021   477 posts
May 16, 2021 at 03:09
Jude_craig posted:
LukeRachel posted:
Loss is a part of trading. So if you want to cover this loss, you should maintain a risk ratio and plan.
True. What is your risk to return ratio?
Most of the time I use a 1: 2 or 1: 3 risk ratio.
Member Since Feb 16, 2021   29 posts
May 16, 2021 at 07:30
This is a really pretty good ratio that you can actually use.
Member Since Mar 17, 2021   536 posts
May 17, 2021 at 17:23
Xazvier posted:
Forex is not only about making a profit, but it also includes loss. There will always be losses in forex trading because the market is bound to lose, and we traders should learn from those mistakes and ensure that we eradicate them on the next trade.
Yes. I agree with you.
Pips Laws (Piplaws)
Member Since Apr 03, 2021   28 posts
May 26, 2021 at 08:15
Yes, no one can ignore the fact that losses are very much a part of forex as much as profits are. Can’t ignore that at any point and focusing solely on profits or losses won’t help a trader.
Member Since Apr 16, 2021   8 posts
May 26, 2021 at 10:12
Losses are part of trading but how many losses in a row does it take to know that a strategy doesn't work? 3 , 4 ??
FedericoLin (FedericoLin)
Member Since Mar 23, 2020   20 posts
May 26, 2021 at 10:59
Yeah losses are fundamental part of trading, because with losses you can learn your mistake. Experience is a hard teacher because she gives the test first, the lesson afterward.
Experience is the hardest teacher because she gives the test first, the lesson afterward.
Member Since Jul 19, 2020   788 posts
May 26, 2021 at 14:50
Creating a forex strategy is a must for every trader. There will be a loss in trading but to cover that loss you have to maintain the risk. I think it is possible to cover that loss by maintaining a 1: 2 risk ratio and trading.
Member Since May 27, 2021   16 posts
May 27, 2021 at 08:42
No ride can be a smooth. There are highs and lows everywhere,so in forex.
Member Since May 27, 2021   64 posts
May 27, 2021 at 10:50
It's true that losses are part of forex trading. You can never have winning trades all the time. and this is just the nature of the way the market moves.
Member Since Nov 02, 2020   34 posts
May 27, 2021 at 12:16
Bulldog_M posted:
No ride can be a smooth. There are highs and lows everywhere,so in forex.
My thoughts exactly.
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