May 24 2019 at 09:58
generally after having a losses from trade we become emotional and trade over and over , we lost our motive and mind , as a result become loser. its more appropriate to become cool when having a loss and stop trading for a while.
May 25 2019 at 16:35
Imamul posted:
generally after having a losses from trade we become emotional and trade over and over , we lost our motive and mind , as a result become loser. its more appropriate to become cool when having a loss and stop trading for a while.
Losses are part of the game and you`ve got to be prepared for it.
momchil_slavov@
May 26 2019 at 06:48
very true. It is difficult to deal with losses. I am still trying to get it. I hate losing. Especially 3 trades in a row, everything spirals down for me then
May 26 2019 at 06:55
I don't agree with this statement. The only reason someone becomes emotional and 'loses their cool' after losing a trade is if they risked more on the trade then they are willing to lose. There is a difference between 'revenge trading' and trading. If you stop trading you might miss the next opportunity. The mistake was risk management not trading.
May 27 2019 at 10:39
Generous posted:
I don't agree with this statement. The only reason someone becomes emotional and 'loses their cool' after losing a trade is if they risked more on the trade then they are willing to lose. There is a difference between 'revenge trading' and trading. If you stop trading you might miss the next opportunity. The mistake was risk management not trading.
Totally. Risk management causes emotional problems. No one ever got emotional about losing money on a demo account
May 27 2019 at 11:49
ManUnitedBest posted:
very true. It is difficult to deal with losses. I am still trying to get it. I hate losing. Especially 3 trades in a row, everything spirals down for me then
Use a notebook to printout the reason of your trading! I am sure, it’ll help you a lot!
May 28 2019 at 06:00
Losses are inevitable in trading, and every trader has had losses at one point or the other. What really matters is how you deal with your losses. One should not trade to recover losses, but trade to learn and make profits. Psychology matters a lot for successful trading, and for growth of a trader
May 28 2019 at 06:02
I agree with the last poster here anyway. You really need to learn how to manage your money here anyway. Loosing a bit shouldn't stop you at all if you really in need of something big. That things happening all the time, be prepared and set budgets for that.
May 28 2019 at 11:12
In Fx trading, learning is not easy despite of having too many sources including pips school, learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme
Jun 30 2019 at 06:48
Imamul posted:
In Fx trading, learning is not easy despite of having too many sources including pips school, learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme
Agree! In this case, learning is more challenging since there is no specific syllabus; besides a number of new traders start their trading without any mentor!
