Adribaasmet
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.
Losses are part of Forex trading but how can we minimize them?
Dimitar001
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.
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.
In any case, there will be no trading where you will face losses.
lovefortrading
(perryjohn765)
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
Elena Triston
(ele020)
Mitglied seit Apr 15, 2020
219 Posts
May 12 2021 at 07:14
Adribaasmet posted: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.
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.
The more your practice, the more you learn.
violatubawhirl
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?
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
Benjamin Van Tran
(tranle447)
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
LukeRachel
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.
Jude_craig
Mitglied seit Dec 05, 2020
81 Posts
May 13 2021 at 11:53
LukeRachel posted:True. What is your risk to return ratio?
Loss is a part of trading. So if you want to cover this loss, you should maintain a risk ratio and plan.
Forex is not only about making a profit, but it also includes loss. There will always be losses in forex trading because the market is bound to lose, and we traders should learn from those mistakes and ensure that we eradicate them on the next trade.
Yes, sometimes loss inevitable, but actually we can control the risk based on a risk management plan, stop loss is one feature in forex trading to manage the risk, the loss is something that not expected because this is not a goal trader due to the main goal is to make money with money, forex trading need money to make money and special skill to make business being profitable. choosing a broker is an important to step for traders.
When starting a trade, you must understand that you will still lose a part, because this is a pattern.
Loss is a common thing in forex trading. You should accept it.
Tremblay posted:Yes, I support your opinion. Loss is a part of forex trading. Which can make me perfect.
Loss is a common thing in forex trading. You should accept it.
LukeRachel
Mitglied seit Mar 16, 2021
477 Posts
May 16 2021 at 03:09
Jude_craig posted:Most of the time I use a 1: 2 or 1: 3 risk ratio.LukeRachel posted:True. What is your risk to return ratio?
Loss is a part of trading. So if you want to cover this loss, you should maintain a risk ratio and plan.
This is a really pretty good ratio that you can actually use.
SteveHanks
Mitglied seit Mar 17, 2021
536 Posts
May 17 2021 at 17:23
Xazvier posted:Yes. I agree with you.
Forex is not only about making a profit, but it also includes loss. There will always be losses in forex trading because the market is bound to lose, and we traders should learn from those mistakes and ensure that we eradicate them on the next trade.