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CraigMcG2020
Jan 28 2022 at 07:47
399 Posts
PeteLanceley posted:
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.
Manage risk > stick to the plan > focus on win rate or RR and you'll be successful long term.

Put that on a post it and have it on your computer! simplicity right there but brilliant
Jungle78
Jan 28 2022 at 14:41
105 Posts
My golden rule is no more than 2% per trade .
I never deviate from this and its stood me well
SteveFx11
Mar 06 2022 at 04:39
183 Posts
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.
AndrewMcCalam54
Mar 10 2022 at 10:44
132 Posts
loss is an inevitable parts of trading that will occurs of course. so we the traders should accept the losses easy.
maria_no
Mar 11 2022 at 04:04
15 Posts
AndrewMcCalam54 posted:
loss is an inevitable parts of trading that will occurs of course. so we the traders should accept the losses easy.
True, also it helps them to improve for the next trading course
LeoGM
Mar 19 2022 at 07:34
67 Posts
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.
Akasuki
Mar 19 2022 at 11:29
617 Posts
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!
Suradi (FXOday)
Mar 20 2022 at 23:23
470 Posts
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
PeteLanceley
Mar 23 2022 at 10:01
83 Posts
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.
Risk management is vital in order to be successful.
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