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How to Avoid Forex Losses In Forex Trading?

TTSMarkets (tts_markets)
Aug 10 2020 at 12:02
20 posts
Adam Cantor (AdamCantor)
Aug 10 2020 at 12:40
98 posts
IvanMelnik posted:
Use reasonable leverage and learn money management.

without this you wont get anywhere haha

Aug 11 2020 at 03:36
119 posts
It takes a lot of training to truly understand all aspects of trading.

Aug 11 2020 at 11:31
318 posts
You can avoid losses by making a good and profitable strategy. A good strategy can overcome your losses.

Aug 11 2020 at 15:13
634 posts
The more you learn in trading, the more your experience will progress. You have to learn first. There are 3 types of analysis which are fundamental analysis / technical analysis / sentimental analysis. In the midst of this analysis, the sentimental analysis seems to me to be the best. After analysis, you need to know about money management. You must know how to do risk management. You need to know how to use Stop Loss. Knowing all these things, you will benefit if you trade.

Aug 28 2020 at 04:22
298 posts
To make a profit in Forex trading, you must first focus on the analysis. The better the analysis, the better the trading result. There are other parts of trading besides analysis which are very important for trading. That is money management, risk management, and trading discipline. If these 3 things are not in your trading, then no matter how good the analysis, you will lose at the end of the day. These are a part of human psychology which is very important for trading.

Aug 28 2020 at 07:43
98 posts
Putting stop loss is one of the very good process to consider. You can always try demo trading if you are so unsure with your trading and see if you will be able to make profit or losses

Aug 28 2020 at 10:05
83 posts
I have developed a good strategy and trading plan, I test it on a demo account, and then my losses become minimal.

FXZig (fxzig)
Sep 01 2020 at 08:57
4 posts
The best way is to use tested and profitable forex robots . This avoids the flaws of human psychology.

Sep 01 2020 at 17:06
16 posts
1. Work more on a demo.
2. Do not increase risks.
3. Determine the allowable drawdown percentage.
4. Using current strategies.
5. Keeping statistics on a regular basis.

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