Losses are a part of trading

Mar 02, 2021 at 11:38
2,838 Angesehen
63 Replies
Mitglied seit Jul 19, 2020   751 Posts
May 03, 2021 at 14:28
In trading loss will be there. A good trader knows how to recover the loss. They are very calculative and discipline in their trading. But most traders can not tolerate loss. As a result they open revenge trades.
Mitglied seit Oct 20, 2020   49 Posts
May 03, 2021 at 14:42
The first step in forex is to accept the losses and learn from the mistakes made so that it avoided during future trades.
Mitglied seit Mar 28, 2021   617 Posts
May 05, 2021 at 14:20
Loss is a part of every business. But forex is more risky due to high leverage. Every should know how to minimize the loss. There are different approach one should follow to minimize loss.
Mitglied seit Jul 19, 2020   751 Posts
May 05, 2021 at 14:36
@Akasuki Yes you are right. Every trader should know how to minimize loss. As Warren Buffett said, Risk comes from not knowing what you are doing. Skills and experience is mandatory in forex trading.
Mitglied seit Jun 26, 2020   327 Posts
May 06, 2021 at 08:39
loss is an inevitable part of trading and no way to ignore even after having in spite of good knowledge and experience , so we the traders have to take losses easily.
Mitglied seit Dec 16, 2020   23 Posts
May 06, 2021 at 09:32
P&L, both are inevitable in trading so learn to take both in stride.
Mitglied seit Apr 15, 2020   219 Posts
May 06, 2021 at 10:38
forexminded posted:
How do you guys set the risk-reward ratio for your trades?
I prefer using 1:3 risk to reward ratio... It has proved ideal for maximum of my trades.
The more your practice, the more you learn.
Mitglied seit Dec 05, 2020   81 Posts
May 06, 2021 at 11:41
Brank_A posted:
P&L, both are inevitable in trading so learn to take both in stride.
Pro tip. We have to accept some harsh truths if we want to emerge successful.
Mitglied seit Aug 11, 2017   886 Posts
May 11, 2021 at 09:12
for avoiding losses learning is a continues process , because there is no way to stop learning in spite of having good knowledge and experience.
Mitglied seit Aug 27, 2017   994 Posts
May 11, 2021 at 09:39
if you can't handle the loss, then the loss will handle you, so be careful, because there is no way to avoid losses in spite of having good knowledge and experience.
Mitglied seit Apr 01, 2020   231 Posts
May 11, 2021 at 10:21
Losses are part of Forex trading but how can we minimize them?
Mitglied seit Apr 21, 2021   12 Posts
May 11, 2021 at 10:27
Losses are part of trading. Yes, it is...Unfortunately.
But losses have one big PLUS: you start to analyze what have you made wrong. And next time you try do not make the same mistake. Any loss can bring you more profit in future. That's what I think.
Mitglied seit Nov 05, 2020   54 Posts
May 11, 2021 at 12:21
In any case, there will be no trading where you will face losses.
Mitglied seit Sep 12, 2017   238 Posts
May 11, 2021 at 15:06
no doubt losses are part of the trading. one should never think about win always
Mitglied seit Apr 15, 2020   219 Posts
May 12, 2021 at 07:14
Adribaasmet posted:
if you can't handle the loss, then the loss will handle you, so be careful, because there is no way to avoid losses in spite of having good knowledge and experience.
Yes, one cannot just avoid losses, even if we do all our calculations, risk management, stop loss etc, still there will be a chance for the trade to result opposite to your prediction, thus you need to be prepared and work on covering up the loss later rather than just cribbing over it.
The more your practice, the more you learn.
Mitglied seit Apr 14, 2021   9 Posts
May 12, 2021 at 11:11
Losses are part of trading but at what point do you say your strategy is not working. 1 loss , 10 loss, 100 loss?
Mitglied seit Apr 03, 2021   470 Posts
May 12, 2021 at 19:52
Loss sometimes inevitable, this is part in trading forex, sometimes get margin call account also possible when always trade make the wrong decision, if trader can't accept loss as part in forex trading., hence this, not suit and forex not their place
Mitglied seit Jun 08, 2014   120 Posts
May 12, 2021 at 22:58
Losses are something to do with the risk management or money management . Losses don't relate to the strategy based on my 11 years experience from trading forex . Always think about risks when opening any trades , have a plan how much you are going to lose rather than how much you are going to win .
Often , the best trade is no trade at all
Mitglied seit Mar 16, 2021   477 Posts
May 12, 2021 at 23:32
Loss is a part of trading. So if you want to cover this loss, you should maintain a risk ratio and plan.
Mitglied seit Dec 05, 2020   81 Posts
May 13, 2021 at 11:53
LukeRachel posted:
Loss is a part of trading. So if you want to cover this loss, you should maintain a risk ratio and plan.
True. What is your risk to return ratio?
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