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Loss
Miembro desde Mar 03, 2020
posts 18
Miembro desde Aug 27, 2017
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Miembro desde Feb 19, 2020
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Miembro desde Aug 27, 2017
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Miembro desde Mar 02, 2020
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May 15, 2020 at 11:26
Miembro desde Aug 08, 2019
posts 9
eleonorashatik posted:
loss is a very good thing if you want to learn. Demo loss doensn't mean anything - but try to treat your demo account as your real! it will help you in the future, believe me!
Demo is the key to learning forex. Man who trades on demo will succeed. man who trades live will lose his hat
Jul 06, 2020 at 00:12
Miembro desde Apr 01, 2020
posts 227
Rohtas posted:eleonorashatik posted:
loss is a very good thing if you want to learn. Demo loss doensn't mean anything - but try to treat your demo account as your real! it will help you in the future, believe me!
Demo is the key to learning forex. Man who trades on demo will succeed. man who trades live will lose his hat
Yes, I agree demo trading is a key to learn Forex and we must trade with demo for atleast three months to get some good experience which can help us to be a good with live trading later.
Miembro desde Aug 27, 2017
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Miembro desde Jun 24, 2020
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Miembro desde Jul 06, 2020
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Jul 14, 2020 at 12:28
Miembro desde Jul 06, 2020
posts 6
As defeating as losses feel, how we react to lose that is more important than the loss itself, As defeating as losses feel, how we react to lose that is more important than the loss itself I would suggest you have a plan, Make a detailed action plan for future trades, Stop trading: Take a break to figure out what went wrong and also Accept responsibility: You made the loss; be sure to own it.
Miembro desde Jul 23, 2020
posts 696
Aug 24, 2020 at 21:32
Miembro desde Jul 23, 2020
posts 696
Mohammadi posted:
There is nobody who is able to reduce loss completely from this volatile trading place, but taking some major steps it can be reduced sometimes. If we can manage our risk when trading practically then it is possible to reduce loss form before. So, we have to emphasis on risk management policy besides acquiring good trading knowledge.
Thats true. Trader should always use minimum 1:2 risk reward ratio. If your wining trade less that losing, it still bring you the profit.
Aug 25, 2020 at 07:58
Miembro desde Jul 19, 2020
posts 310
Loss is a part of forex trading. You can not avoid loss trade fully. That's why you need to manage your risk. You need a good risk reward rario strategy with decent winning percentage. Most people don't bother about risk management. As a result lose a lot of money.
Aug 28, 2020 at 05:24
Miembro desde Jul 19, 2020
posts 749
Loss is a part of any business. Trading is not exception to it. You have to learn how to minimize your loss. Treat any loss as your operating cost. If it was a physical business, you would have many more fixed cost and operational cost. By this way you can get less pain when will lose a trade.

forex_trader_1955784
Miembro desde Sep 30, 2020
posts 12
Oct 07, 2020 at 08:21
Miembro desde Sep 30, 2020
posts 12
Creating and trading through a demo account should be the first step when you decide to become a trader. You could learn valuable strategies and apply them on a demo account. Only when you are fully confident on this platform, even if it takes as long as 6 months, should you start trading live.
Miembro desde Jan 11, 2019
posts 140

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