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When loss occurs

Beagelv
Apr 23 at 14:12
71 Posts
Only practice and experience will make it possible to get away from losses and come out on a good and stable income.

UweMoench
Apr 27 at 13:10
482 Posts
Most people get restless if they lose any trade. Out of this restlessness they take revenge trade. They want to recover it quickly. Most of the time revenge trades bring more loss. We need to remain calm and wait for opportunity.

SteveHanks
Apr 27 at 20:39
235 Posts
UweMoench posted:
Most people get restless if they lose any trade. Out of this restlessness they take revenge trade. They want to recover it quickly. Most of the time revenge trades bring more loss. We need to remain calm and wait for opportunity.

I think they don't know that loss is the common thing in this market.

Jude_craig
Apr 28 at 07:03
71 Posts
UweMoench posted:
Most people get restless if they lose any trade. Out of this restlessness they take revenge trade. They want to recover it quickly. Most of the time revenge trades bring more loss. We need to remain calm and wait for opportunity.

Totally. Losing trades often lead to that feeling and hence leads to revenge trading which also results in more losses. At the end of the day the game is all about who's more stable and patient in thoughts. You cant succeed if you let emotions take a toll on you. Accept that losses are bound to happen but we just have to reduce their occurrences with time and skill

perryjohn765 (perryjohn765)
Apr 28 at 07:24
217 Posts
writely said, when in losses one needs to calm down and wait for the next right opportunity, not just thinking to recover the losses but to earn something with positivity

first_time
Apr 28 at 12:04
73 Posts
It is important to make the journal to note down the losses made so that you can get to know better on how to avoid such losses in future. I always do this and it helps me to realize what mistakes I made before and also made me improve for the next trading.

RobSchiz
Jun 11 at 08:41
242 Posts
Beagelv posted:
Only practice and experience will make it possible to get away from losses and come out on a good and stable income.

Yes. Practice on a demo account can reduce the losses in this risky market.

AndrewMcCalam54
Jun 13 at 09:46
22 Posts
we loss here first of all lack of knowledge and second one is lack of good broker which has a reliable support with security of funds.

AliaDare
Jun 13 at 16:42
529 Posts
first_time posted:
It is important to make the journal to note down the losses made so that you can get to know better on how to avoid such losses in future. I always do this and it helps me to realize what mistakes I made before and also made me improve for the next trading.

Yes, I have to observe Mistake. And by learning from Mistakes, I have to develop skills in trading.

LukeRachel
Jun 14 at 00:55
222 Posts
Beagelv posted:
Only practice and experience will make it possible to get away from losses and come out on a good and stable income.

Yes, you are right. Patience and knowledge are required to refrain from loss.

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