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Losses are a part of trading
Členem od Jul 19, 2020
749 příspěvků
May 03, 2021 at 14:28
In trading loss will be there. A good trader knows how to recover the loss. They are very calculative and discipline in their trading. But most traders can not tolerate loss. As a result they open revenge trades.
Členem od Oct 20, 2020
45 příspěvků
May 03, 2021 at 14:42
The first step in forex is to accept the losses and learn from the mistakes made so that it avoided during future trades.
Členem od Mar 28, 2021
586 příspěvků
May 05, 2021 at 14:20
Loss is a part of every business. But forex is more risky due to high leverage. Every should know how to minimize the loss. There are different approach one should follow to minimize loss.
Členem od Jul 19, 2020
749 příspěvků
May 05, 2021 at 14:36
@Akasuki Yes you are right. Every trader should know how to minimize loss. As Warren Buffett said, Risk comes from not knowing what you are doing. Skills and experience is mandatory in forex trading.
Členem od Jun 26, 2020
323 příspěvků
May 06, 2021 at 08:39
loss is an inevitable part of trading and no way to ignore even after having in spite of good knowledge and experience , so we the traders have to take losses easily.
Členem od Dec 16, 2020
20 příspěvků
May 06, 2021 at 09:32
P&L, both are inevitable in trading so learn to take both in stride.
Členem od Apr 15, 2020
187 příspěvků
May 06, 2021 at 10:38
forexminded posted:
How do you guys set the risk-reward ratio for your trades?
I prefer using 1:3 risk to reward ratio... It has proved ideal for maximum of my trades.
The more your practice, the more you learn.
Členem od Dec 05, 2020
76 příspěvků
May 06, 2021 at 11:41
Brank_A posted:
P&L, both are inevitable in trading so learn to take both in stride.
Pro tip. We have to accept some harsh truths if we want to emerge successful.
Členem od Aug 11, 2017
870 příspěvků
May 11, 2021 at 09:12
for avoiding losses learning is a continues process , because there is no way to stop learning in spite of having good knowledge and experience.
Členem od Aug 27, 2017
875 příspěvků
May 11, 2021 at 09:39
if you can't handle the loss, then the loss will handle you, so be careful, because there is no way to avoid losses in spite of having good knowledge and experience.
keeping patience.......
Členem od Apr 01, 2020
227 příspěvků
May 11, 2021 at 10:21
Losses are part of Forex trading but how can we minimize them?
Členem od Apr 21, 2021
11 příspěvků
May 11, 2021 at 10:27
Losses are part of trading. Yes, it is...Unfortunately.
But losses have one big PLUS: you start to analyze what have you made wrong. And next time you try do not make the same mistake. Any loss can bring you more profit in future. That's what I think.
But losses have one big PLUS: you start to analyze what have you made wrong. And next time you try do not make the same mistake. Any loss can bring you more profit in future. That's what I think.
Členem od Nov 05, 2020
49 příspěvků
May 11, 2021 at 12:21
In any case, there will be no trading where you will face losses.
Členem od Sep 12, 2017
232 příspěvků
May 11, 2021 at 15:06
no doubt losses are part of the trading. one should never think about win always
Členem od Apr 15, 2020
187 příspěvků
May 12, 2021 at 07:14
Adribaasmet posted:Yes, one cannot just avoid losses, even if we do all our calculations, risk management, stop loss etc, still there will be a chance for the trade to result opposite to your prediction, thus you need to be prepared and work on covering up the loss later rather than just cribbing over it.
if you can't handle the loss, then the loss will handle you, so be careful, because there is no way to avoid losses in spite of having good knowledge and experience.
The more your practice, the more you learn.
Členem od Apr 14, 2021
8 příspěvků
May 12, 2021 at 11:11
Losses are part of trading but at what point do you say your strategy is not working. 1 loss , 10 loss, 100 loss?
Členem od Apr 03, 2021
437 příspěvků
May 12, 2021 at 19:52
Loss sometimes inevitable, this is part in trading forex, sometimes get margin call account also possible when always trade make the wrong decision, if trader can't accept loss as part in forex trading., hence this, not suit and forex not their place
Členem od Jun 08, 2014
104 příspěvků
May 12, 2021 at 22:58
Losses are something to do with the risk management or money management . Losses don't relate to the strategy based on my 11 years experience from trading forex . Always think about risks when opening any trades , have a plan how much you are going to lose rather than how much you are going to win .
Often , the best trade is no trade at all
Členem od Mar 16, 2021
447 příspěvků
May 12, 2021 at 23:32
Loss is a part of trading. So if you want to cover this loss, you should maintain a risk ratio and plan.
Členem od Dec 05, 2020
76 příspěvků
May 13, 2021 at 11:53
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?
