Losses are a part of trading

Mar 02, 2021 at 11:38
2,863 Views
63 Replies
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.
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 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.
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 ??
Member Since Mar 23, 2020   21 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.
Member Since Mar 17, 2021   536 posts
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.
Member Since Apr 15, 2020   219 posts
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.
Member Since Jun 30, 2020   90 posts
May 28, 2021 at 09:47
There is a certain pattern that without a loss you will not make a profit and you just have to accept the effectiveness
Member Since May 27, 2021   57 posts
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.
Member Since Jul 19, 2020   751 posts
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.
Member Since Apr 01, 2020   231 posts
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.
Member Since Jun 10, 2021   9 posts
Jun 10, 2021 at 09:56
Losses are fine as long as they are lower than profits!!!
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