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How to Avoid Forex Losses In Forex Trading?
Miembro desde Jul 19, 2020
posts 283
Sep 16, 2020 at 14:25
Making a good and profitable trading strategy can help you to minimize your losses. It will help you to make money consistently from this risky market.
Miembro desde Jul 20, 2020
posts 172
Sep 16, 2020 at 19:48
You can avoid losses by making a good and effective trading strategy.
Miembro desde Oct 05, 2020
posts 18
Oct 07, 2020 at 09:21
I agree. One can always work towards minimising the losses, even if their elimination is not a probability.
Miembro desde Aug 17, 2020
posts 121
Nov 02, 2020 at 09:17
Losses do happen, no matter how good your strategy is. The key to profitability and consistency is not avoiding losses but minimizing them as much as possible.
Miembro desde Jul 20, 2020
posts 278
Nov 02, 2020 at 11:40
You need to have proper knowledge about the market to avoid losses in the forex market.
Miembro desde Mar 17, 2021
posts 494
Apr 10, 2021 at 16:04
GeorgeBischof posted:
Making a good and profitable trading strategy can help you to minimize your losses. It will help you to make money consistently from this risky market.
Yes. You are absolutely right. A good strategy can help you to avoid losses.
Miembro desde Jul 23, 2020
posts 816
May 10, 2021 at 00:27
Demo practice is essential to build confidence and reduce loss in real trading.
Miembro desde Mar 17, 2021
posts 494
May 29, 2021 at 16:58
LyudmilLukanov posted:
Demo practice is essential to build confidence and reduce loss in real trading.
Yes. I agree with you. Most traders lost their money because of their low knowledge.
Miembro desde Jul 23, 2020
posts 696
Jul 08, 2021 at 16:03
You cannot fully overcome the loss. It is a part and parcel of trading.
Miembro desde May 31, 2021
posts 51
Dec 27, 2021 at 12:00
By using stop loss and TP.
Dec 27, 2021 at 15:23
The best traders in the world will have losses, but those traders try minimize the magnitude of their losses in order to trade another day using adequate position sizing and stop losses.
Integrity is the seed for achievement. It is the principle that never fails. - Earl Nightingale
Miembro desde Mar 16, 2021
posts 447
Dec 28, 2021 at 02:05
Ferdii posted:
There are many mistakes that can affect the fact that you lose your funds, but the lack of knowledge is the main one that is common to all.
To get rid of forex losses you need to maintain a journal and learn from mistakes. We need to move forward with the plan.
Dec 29, 2021 at 09:10
RobSchiz posted:AliaDare posted:
Demo practice is really very important. It helps a lot in creating trading plans and disciplines.
Yes. A demo will be the best platform to make the knowledge improved and updated.
Of course, you need to use demo platform to create knowledge. It is possible to double the skills.
Miembro desde Dec 20, 2021
posts 3
Dec 29, 2021 at 14:27
Learn to manage your money and use reasonable leverage.
