Jan 28 2022 at 07:47
PeteLanceley posted:Mohammadi posted:Manage risk > stick to the plan > focus on win rate or RR and you'll be successful long term.
There is nobody who is able to reduce loss completely from this volatile trading place, but taking some major steps it can be reduced sometimes. If we can manage our risk when trading practically then it is possible to reduce loss form before. So, we have to emphasis on risk management policy besides acquiring good trading knowledge.
Put that on a post it and have it on your computer! simplicity right there but brilliant
My golden rule is no more than 2% per trade .
I never deviate from this and its stood me well
I never deviate from this and its stood me well
You have think loss to be your companion if you are a Forex trader. However, loss will help you learn and make you a perfect trader in the end. You have to make sure loss doesn’t divert your concentration from trading. You should try to get out of loss as much as possible. But you can’t fully avoid losses because it is a part of trading.
Mar 10 2022 at 10:44
loss is an inevitable parts of trading that will occurs of course. so we the traders should accept the losses easy.
AndrewMcCalam54 posted:True, also it helps them to improve for the next trading course
loss is an inevitable parts of trading that will occurs of course. so we the traders should accept the losses easy.
Loss is a very common affair in not only Forex but also in other businesses. To trade Forex passionately, you have to embrace losses. But, don’t let those losses de-motivate you. Rather keep your attempt running and don’t change your trading style frequently because it is harmful.
Mohammadi posted:
There is nobody who is able to reduce loss completely from this volatile trading place, but taking some major steps it can be reduced sometimes. If we can manage our risk when trading practically then it is possible to reduce loss form before. So, we have to emphasis on risk management policy besides acquiring good trading knowledge.
It’s quite impossible! This is why, money management is such an important parameter here; we need to divided our risk presence here; in my trading I can’t rely on any specific trade position since, I don’t gamble here!
I think we cannot avoid the risk in trading, because sometimes loss is inevitable, the way to minimize the risk is only with learn how to determine best trading time and price to enter in the market and determine exit point on the right place, don't expect irrational target or too large target because hard to achieved and could leading to loss again
Mar 23 2022 at 10:01
Mohammadi posted:Risk management is vital in order to be successful.
There is nobody who is able to reduce loss completely from this volatile trading place, but taking some major steps it can be reduced sometimes. If we can manage our risk when trading practically then it is possible to reduce loss form before. So, we have to emphasis on risk management policy besides acquiring good trading knowledge.
Bitte melden Sie sich an, um zu kommentieren.
