opportunitycalls
Mitglied seit Apr 16, 2021
8 Posts
May 26 2021 at 10:12
Losses are part of trading but how many losses in a row does it take to know that a strategy doesn't work? 3 , 4 ??
FedericoLin
(FedericoLin)
Mitglied seit Mar 23, 2020
20 Posts
May 26 2021 at 10:59
Yeah losses are fundamental part of trading, because with losses you can learn your mistake. Experience is a hard teacher because she gives the test first, the lesson afterward.
Experience is the hardest teacher because she gives the test first, the lesson afterward.
Creating a forex strategy is a must for every trader. There will be a loss in trading but to cover that loss you have to maintain the risk. I think it is possible to cover that loss by maintaining a 1: 2 risk ratio and trading.
No ride can be a smooth. There are highs and lows everywhere,so in forex.
Alexthetrader
Mitglied seit May 27, 2021
64 Posts
May 27 2021 at 10:50
It's true that losses are part of forex trading. You can never have winning trades all the time. and this is just the nature of the way the market moves.
Bulldog_M posted:My thoughts exactly.
No ride can be a smooth. There are highs and lows everywhere,so in forex.
SteveHanks
Mitglied seit Mar 17, 2021
536 Posts
May 27 2021 at 19:45
Alexthetrader posted:I agree with you. Many traders can not become successful because of their fear of losses.
It's true that losses are part of forex trading. You can never have winning trades all the time. and this is just the nature of the way the market moves.
Elena Triston
(ele020)
Mitglied seit Apr 15, 2020
219 Posts
May 28 2021 at 06:48
Profit and loss are the 2 sides of a coin... Both side can neither be tails nor heads ... Both go hand in hand
The more your practice, the more you learn.
There is a certain pattern that without a loss you will not make a profit and you just have to accept the effectiveness
CocoChannel
Mitglied seit May 27, 2021
57 Posts
May 29 2021 at 11:03
Yeah, losses are part of trading but it can always be prevented by proper knowledge and skills, also a trader should never give up, rather should find the ways to improve his trading.
Andronn posted:Yes. Loss is must in this market. You just need to make a plan to minimize the loss and maximize the profit.
There is a certain pattern that without a loss you will not make a profit and you just have to accept the effectiveness
Most of the traders become stressed if they loss almost any trade. From that restlessness they take revenge trade. They'd love to regain it instantly. We have to stay calm and wait for chance.
winifredbass
Mitglied seit Jan 01, 2021
20 Posts
Jun 09 2021 at 12:14
Losses can be avoided to a certain extent but they will surely exist in a market this volatile. Just like profits, losses are a big part of forex. Obviously, traders can use different strategies and aspects to reduce these losses from time to time like stop loss orders and other risk management techniques.
Losses are a common thing in the forex market and it is a very risky and volatile market. You can only minimize your risk with a good trading plan and strategy.
Dictiony posted:Yes. Loss is a common this in this market. A good plan can help you to minimize the risks.
Losses are a common thing in the forex market and it is a very risky and volatile market. You can only minimize your risk with a good trading plan and strategy.
Losses are fine as long as they are lower than profits!!!
lovefortrading
(perryjohn765)
Mitglied seit Sep 12, 2017
238 Posts
Jun 10 2021 at 17:16
you cannot always win on forex. as the record says 75% of people losses in forex
Elena Triston
(ele020)
Mitglied seit Apr 15, 2020
219 Posts
Jun 11 2021 at 05:56
Our goal should be to cover the loss instead of avoiding loss. We cannot completely eradicate losses from our trading. There is no such trading strategy wich will give you 100%profit. One must focus on ways to cover the loss incurred by making more winning positions.
The more your practice, the more you learn.
RobertFerrari
Mitglied seit Aug 15, 2021
415 Posts
Sep 07 2021 at 18:14
Tremblay posted:A good plan can make you rich.Andronn posted:Yes. Loss is must in this market. You just need to make a plan to minimize the loss and maximize the profit.
There is a certain pattern that without a loss you will not make a profit and you just have to accept the effectiveness