Only practice and experience will make it possible to get away from losses and come out on a good and stable income.
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.
Apr 27 2021 at 20:39
UweMoench posted:I think they don't know that loss is the common thing in this market.
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.
Apr 28 2021 at 07:03
UweMoench posted: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
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.
Apr 28 2021 at 07:24
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
Apr 28 2021 at 12:04
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.
Beagelv posted:Yes. Practice on a demo account can reduce the losses in this risky market.
Only practice and experience will make it possible to get away from losses and come out on a good and stable income.
Jun 13 2021 at 09:46
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.
first_time posted:Yes, I have to observe Mistake. And by learning from Mistakes, I have to develop skills in trading.
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.
Jun 14 2021 at 00:55
Beagelv posted:Yes, you are right. Patience and knowledge are required to refrain from loss.
Only practice and experience will make it possible to get away from losses and come out on a good and stable income.
Jun 14 2021 at 12:44
when losses occur one needs to be patient and look for opportunities
Losses can't be ignored but you must trade with keeping risks low with proper stop losses.
Often losses occur due to the fact that we have little experience and do not know how to fully control our emotions.
Jun 15 2021 at 07:07
Losses are inevitable, however one should try and keep calm. I know how it feels to lose money and its definitely easier said than done but you get to learn a lot from your mistakes. My advice would be to thoroughly journal your trades , so that you have a record and you can go back and have a look to realize where you made a mistake.
Jun 15 2021 at 07:12
there is no one who can reduce loss in spite of having good knowledge and experience , so we the traders first of all have to make sure the ability how to take losses easily.
Jun 15 2021 at 08:14
To trade on forex, one need proper knowledge of how forex works, forces that drives quotes and how to read charts by applying proper tools and indicators.
Beagelv posted:Yes, you are right, only knowledge and practice can keep you away from loss.
Only practice and experience will make it possible to get away from losses and come out on a good and stable income.
Losses are part of forex trading. So, just accept those losses, learn from them and never repeat the same mistakes again.
so many bad trading habits that always kills our trading positive result , from all i most hate the over trading , its a trap to fall a loss , nothing without it.
