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Loss
Mitglied seit Jun 22, 2020
38 Posts
Oct 16, 2020 at 12:15
True, it is certainly not possible to trade without losing every now and then.
Mitglied seit Jul 20, 2020
278 Posts
Oct 17, 2020 at 19:07
Loss is a common thing in the forex market. If you want to become successful in the forex market, You have to make deal with the losses.
Mitglied seit Jul 19, 2020
283 Posts
Oct 24, 2020 at 16:09
Loosing money in the forex market is the common thing. If you can not deal with the losses you can not survive in this market.
Jun 29, 2021 at 12:14
It is possible to be benefitted from losses if we can take them as a lesson. Every loss is a lesson. Traders use journal to keep track of their past trading mistake so that they can learn from their mistakes. Learning from mistakes is the best learning.
Mitglied seit Sep 12, 2017
232 Posts
Jun 29, 2021 at 13:01
one cannot expect to gain just the profit. losses are part of the game just there is head and tails in the toss
Mitglied seit Mar 17, 2021
494 Posts
Jul 01, 2021 at 12:44
perryjohn765 posted:
one cannot expect to gain just the profit. losses are part of the game just there is head and tails in the toss
Yes. If you want to make profit, you have to face the loss.
Mitglied seit Mar 16, 2021
447 Posts
Jul 01, 2021 at 15:18
There will be losses in trading, but I need to be patient, disciplined, and interested in learning. I must evoke emotion.
Mitglied seit Mar 17, 2021
494 Posts
Jul 16, 2021 at 09:03
UweMoench posted:
Loss is a part of forex trading. That's why money management and risk management are important in trading. Every trader should take measures to reduce risk.
Yes. You have to make a solid plan to manage the risks and reduce the loss.
Aug 03, 2021 at 21:48
I'm convinced that it's impossible to get rid of losses at all. Losses are the biggest part of trading. Well, it's a bad side of trading activity however it brings you lots of experience which affords you to make profits in future. Speaking about reduing risks, I should note that only by complying with risk management practices traders are able to reach this goal. The proccess of learning these practices takes plenty of time of course, nevertheless it brings you more than just time. I'm sure that there is nothing better for a trader (except money) than experience. This thing makes you never give up.
Aug 04, 2021 at 00:05
Yes, loss is sometimes inevitable, in trading, this is fairly happening, but of course, as traders needs to manage the risk, they can try to use various ways to minimize the risk, using stop-loss s common way to manage the risk, besides trader may use the correlation between pair to minimize the risk as hedging position
Aug 04, 2021 at 05:00
Sure, loss is part and parcel of trading as there is always the element of risk, but you need to speculate, analyse and do your best to avoid losses. Risk management is very important. Having said that it is best to prepare yourself psychologically for the possible loss too. Too high expectations that you will gain is not healthy as loss is often the result, and you need to be prepared for that.
Dec 06, 2021 at 05:21
There’s absolutely nothing a trader can do to avoid loss but by working on risk management practices, loss can be minimized. Some tips that always work when it comes to managing risks are:
1. Calculating your risk tolerance and not exceeding the limit.
2. Using stop loss and limit orders.
3. Not risking more than 2% per trade.
4. Controlled use of leverage.
5. Keeping the risk consistent.
1. Calculating your risk tolerance and not exceeding the limit.
2. Using stop loss and limit orders.
3. Not risking more than 2% per trade.
4. Controlled use of leverage.
5. Keeping the risk consistent.
Mitglied seit Jul 23, 2020
816 Posts
Dec 07, 2021 at 17:05
Do not even think about getting rich when starting out. In best cases, you’ll likely make good money and be able to live comfortably.
Mitglied seit Apr 09, 2019
516 Posts
Dec 07, 2021 at 20:50
Losses in forex are as natural as expenses in business.
If you can't spot the liquidity then you are the liquidity.
Mitglied seit Jan 22, 2021
126 Posts
Dec 08, 2021 at 08:09
Losses are inherent in any trading, fact is that you need to learn how to continue trades with a right set of mind.
