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How to Avoid Forex Losses In Forex Trading?
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Member Since Jul 09, 2020  20 posts TTSMarkets (tts_markets) Aug 10 at 12:02
Thanks for your replay


Member Since Mar 18, 2019  98 posts Adam Cantor (AdamCantor) Aug 10 at 12:40
IvanMelnik posted:
Use reasonable leverage and learn money management.

without this you wont get anywhere haha


Member Since Apr 25, 2020  61 posts Kazile Aug 11 at 03:36
It takes a lot of training to truly understand all aspects of trading.


Member Since Jul 19, 2020  85 posts GeorgeBischof Aug 11 at 11:31
You can avoid losses by making a good and profitable strategy. A good strategy can overcome your losses.


Member Since Jul 19, 2020  69 posts AliaDare Aug 11 at 15:13
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.


Member Since Jul 20, 2020  72 posts LeviSievwright5 Aug 28 at 04:22
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.


Member Since Jul 27, 2020  48 posts cardigan Aug 28 at 07:43
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


Member Since Apr 15, 2020  59 posts Dorigda Aug 28 at 10:05
I have developed a good strategy and trading plan, I test it on a demo account, and then my losses become minimal.


Member Since Jul 29, 2020  4 posts FXZig (fxzig) Sep 01 at 08:57
The best way is to use tested and profitable forex robots https://fxzig.com/ . This avoids the flaws of human psychology.


Member Since Aug 20, 2019  12 posts Beallador Sep 01 at 17:06
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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