Market is very unpredictable, try to make a good trading plan and control your losses, Losses are unavoidable, learn from your past mistakes and try not to repeat that mistake again.
Losses in the past taught me things that have made me profit in the future. Always good to be optimistic after a loss, just one more lesson to make you a better trader!
Apr 14 2021 at 18:22
zarhard posted:Loss is the learning part of the trading. If you can amke your mistake as your learning things, you can make a good trading career.
Losses in the past taught me things that have made me profit in the future. Always good to be optimistic after a loss, just one more lesson to make you a better trader!
If you draw the right conclusions from your losses, as a result, they will have a positive effect in the future.
honestly speaking i never consider losses as my any worst thing , losses is a thing that is my best teacher and taught me great lesion for all time.
most of the i faces loss during news , its a very bad event in my trading life , actually i always weak in fundamental knowledge
Apr 23 2021 at 05:20
Yes losses are very much a big part of forex and every trader should try to avoid them.
I understand losses are a part of trading and I do not mind a few here or there. I have problem when I have 4 or more losses in a row. That really dents my confidence
yojimbo posted:Then you should change your trading strategy. Consistent losses may occur for your wrong strategy.
I understand losses are a part of trading and I do not mind a few here or there. I have problem when I have 4 or more losses in a row. That really dents my confidence
Your goal is to understand that a trading strategy requires a large number of trades to make money, and in addition, it is perfectly normal for a series of trades to have a number of loss positions.
Apr 27 2021 at 13:57
A few loss in trading is okay because from certain losses you get to develope and build new strategies and skills.
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.
The first step in forex is to accept the losses and learn from the mistakes made so that it avoided during future trades.
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.
@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.
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.
P&L, both are inevitable in trading so learn to take both in stride.
May 06 2021 at 10:38
forexminded posted:I prefer using 1:3 risk to reward ratio... It has proved ideal for maximum of my trades.
How do you guys set the risk-reward ratio for your trades?
The more your practice, the more you learn.
May 06 2021 at 11:41
Brank_A posted:Pro tip. We have to accept some harsh truths if we want to emerge successful.
P&L, both are inevitable in trading so learn to take both in stride.
