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Losses are a part of trading
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.
Medlem sedan Apr 03, 2021
437 inlägg
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.
Medlem sedan Mar 16, 2021
447 inlägg
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.
Medlem sedan Mar 17, 2021
494 inlägg
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.
Medlem sedan Apr 16, 2021
8 inlägg
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 ??
Medlem sedan Mar 23, 2020
20 inlägg
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.
Medlem sedan Jul 19, 2020
742 inlägg
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.
Medlem sedan May 27, 2021
63 inlägg
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.
Medlem sedan Mar 17, 2021
494 inlägg
May 27, 2021 at 19:45
Alexthetrader posted:
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.
I agree with you. Many traders can not become successful because of their fear of losses.
Medlem sedan Apr 15, 2020
187 inlägg
May 28, 2021 at 06:48
Profit and loss are the 2 sides of a coin... Both side can neither be tails nor heads ... Both go hand in hand
The more your practice, the more you learn.
Medlem sedan May 27, 2021
56 inlägg
May 29, 2021 at 11:03
Yeah, losses are part of trading but it can always be prevented by proper knowledge and skills, also a trader should never give up, rather should find the ways to improve his trading.
Medlem sedan Jul 19, 2020
749 inlägg
May 30, 2021 at 13:02
Most of the traders become stressed if they loss almost any trade. From that restlessness they take revenge trade. They'd love to regain it instantly. We have to stay calm and wait for chance.
Medlem sedan Apr 01, 2020
227 inlägg
Jun 10, 2021 at 00:13
Losses are a common thing in the forex market and it is a very risky and volatile market. You can only minimize your risk with a good trading plan and strategy.
