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having a losses
Mitglied seit Jul 20, 2020
278 Posts
Oct 22, 2020 at 20:19
Loss is a common thing in the forex market. If you can deal properly with the losses you can make your trading career profitable and successful.
Mitglied seit Sep 12, 2017
232 Posts
Oct 23, 2020 at 02:58
true that, losses can demotivate you to continue or in order to cover the losses you mind lose your calm and take wrong trades which might increase the losses ever further. One has to stay cool even in case of losses.
Mitglied seit Jul 10, 2020
32 Posts
Oct 26, 2020 at 06:44
Risk management and money management play an important role when you want to minimize your losses.
Mitglied seit Aug 17, 2020
121 Posts
Nov 02, 2020 at 07:33
SofieAndreasen posted:Roberto21 posted:
Lacking of money management is a part of losing, I admit it. But not the foremost at all. The main issue is keeping emotions with lack of good trading knowledge.
You are right. However, SL is also one of the reasons to lose money. Sometimes traders blow their account due to not setting SL in their trade.
Definitely, using orders the right way is a very useful thing as it is impossible to monitor every single one of your trades all the time.
Nov 12, 2020 at 07:14
Shaunmaxi posted:
It is very common to incur losses in Forex trading. The market is volatile and nearly everyone faces loss once in a while. Try to work on your strategy and you will just be fine.
Indeed losses are a part of every trader's journey, we shouldn't lose hope.
Mitglied seit Aug 27, 2017
875 Posts
Nov 16, 2020 at 11:09
loss is a thing that always taught us a great lesson but we generally cant take this general issue, we got upset when making losses and trade over and over for recovery, as a result, lost almost whole equity.
keeping patience.......
Mitglied seit Jul 20, 2020
278 Posts
Nov 25, 2020 at 12:15
Loss is a common issue in the forex market. Many traders lose money every day in this market. Those c\traders can become successful who can make proper deal with the losses.
Mitglied seit Nov 10, 2020
19 Posts
Nov 27, 2020 at 04:41
Incurring losses while trading forex is obviously common. You cannot avoid losses completely at all. You lose and you win. It goes like that and will always be like that. Accept the fact as soon as you can.
Mitglied seit Oct 14, 2020
21 Posts
Dec 03, 2020 at 09:22
I think we should know where to put stop loss so as to avoid losses.
Mitglied seit Mar 17, 2021
494 Posts
Jul 08, 2021 at 13:37
Shaunmaxi posted:
It is very common to incur losses in Forex trading. The market is volatile and nearly everyone faces loss once in a while. Try to work on your strategy and you will just be fine.
Loss is a common thing in forex market.
Mitglied seit Aug 05, 2021
394 Posts
Dec 01, 2021 at 19:25
You can't just deviate from your strategy and start trying to make up for losses immediately or it's just going to cause even more. Best thing to do is take a breather and think about what went wrong.
Mitglied seit Nov 23, 2021
24 Posts
Dec 06, 2021 at 06:43
A good trading plan can recover some of the losses from bad trades, but if you keep making bad trading decisions, then you will eventually lose all your money. A good Forex trader does not have many losing trades, and when they do lose, they just accept it as a cost of doing business. A trading plan can help you avoid having too many losing trades.
Mitglied seit Apr 09, 2019
516 Posts
Dec 06, 2021 at 18:54
It's like trying to start a business but being scared of expenses. They happen. if your business plan is any goo you will make more money than you lose and turn a profit.
If you can't spot the liquidity then you are the liquidity.
