There is nobody who can
Feb 02, 2021 at 10:43
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8 Replies
Feb 02, 2021 at 10:43
There is nobody who can avoid loss from this market place in spite of having most powerful analyzing trade knowledge, but taking some major steps we can avoid our loss sometimes. Mostly traders fall a great loss by taking high leverage due to non-sense planning and zero risk management policy, so before taking with high leverage we have to know how to manage risk.
Feb 02, 2021 at 10:58
Losing money is a regular part of Forex trading . there is none who can avoid loss completely from here in spite of good trading knowledge . but by taking some major steps loss can be reduced of course. Behind the losses the main reason is emotions that cannot avoid the traders especially the new Forex traders.
Member Since Sep 18, 2020
31 posts
Feb 02, 2021 at 11:05
Yes no doubt, losses are implied in forex owing to the uncertainties in market. All of us bear losses but we have to try to learn to minimise them if we want to be profitable.
Member Since Jul 23, 2020
869 posts
Feb 02, 2021 at 11:43
VictorAxel posted:True. Traders need proper risk management strategy to minimize risk and maximize profit in trading.
Yes no doubt, losses are implied in forex owing to the uncertainties in market. All of us bear losses but we have to try to learn to minimise them if we want to be profitable.
Member Since Feb 22, 2011
4862 posts
Feb 02, 2021 at 11:56
Michihito posted:Leverage has nothing to do with loss.
There is nobody who can avoid loss from this market place in spite of having most powerful analyzing trade knowledge, but taking some major steps we can avoid our loss sometimes. Mostly traders fall a great loss by taking high leverage due to non-sense planning and zero risk management policy, so before taking with high leverage we have to know how to manage risk.
Either you have trading plan which is profitable an dyou earn money
Or you dont have any and you should not trade.
If you have good trading plan you earn more money with leverage if you have poor trading plan you lose more money with leverage.
Leverage itself does not determine profit or loss
Just magnify it.
Feb 02, 2021 at 12:16
LyudmilLukanov posted:Exactly. Not just risk management, but money management which is also important to minimize the lossesVictorAxel posted:True. Traders need proper risk management strategy to minimize risk and maximize profit in trading.
Yes no doubt, losses are implied in forex owing to the uncertainties in market. All of us bear losses but we have to try to learn to minimise them if we want to be profitable.
Feb 08, 2021 at 08:46
Losses are a part of trading, you can not completely avoid it. Losses are not the major issue, the issue is how you deal with your losses, trade with a good strategy and maintain a positive attitude, by time you will be able to convert all your losses into profits.
Member Since Jul 20, 2020
399 posts
Feb 11, 2021 at 13:17
I agree. Losses are apart of every strategy and dealing with them is the key to success
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