how many losses ?
Feb 04, 2021 at 14:57
Vistas 737
14 Replies
Feb 12, 2021 at 07:46
Yes, completely avoiding a loss is never possible while one is trading. Still I have seen many traders aiming for it, rather they should try to analyse their losses and try not to repeat the same error in future. This ways they can minimise their losses, if not completely bring them to zero.
Miembro desde Mar 17, 2021
posts 536
Mar 19, 2021 at 06:51
Trading plan is essential for all kind of investment. Trading plan include strategy, analysis, risk/money management etc.
Miembro desde Jul 23, 2020
posts 869
Sep 03, 2021 at 16:56
Try to maintain a risk-reward ratio of more than 1:1.
Miembro desde Mar 16, 2021
posts 477
Sep 05, 2021 at 14:50
No one can deny the loss. Therefore, to control the loss, it is necessary to maintain a 1: 2 risk ratio.
Miembro desde Mar 17, 2021
posts 536
Nov 13, 2021 at 17:40
Unellene posted:Every trader should make their mistakes as their learning tools.
there can be really a lot of holes if the trader does not correct his mistakes at work
Jan 13, 2022 at 19:38
I tend to suppose that the amount of losses doesn't matter at all. The matter here what lessons did you take from these losses. The main here is to understand that every loss is a lesson, and you should check all your mistaken in order not to face losses because of the same mistake again in future. It's pretty difficult I know, however in this case you will develop your skills in trading twice faster.
Some traders give up the idea to continue trading after loss strick, but I don't think it's a right behavior. The right behavior is to have an ability to take these losses and move further.
Some traders give up the idea to continue trading after loss strick, but I don't think it's a right behavior. The right behavior is to have an ability to take these losses and move further.
Miembro desde May 11, 2020
posts 21
Jan 21, 2022 at 18:26
It's almost impossible to determine how many losses you should have before you get enough experience and will trade without losses. Basically, as far as i concerned, even professional traders have losses, however of course they rarely have them, but even them aren't protected from losses and mistakes. Trading is all about constant learning and practicing. The market changes daily and that's why sometimes traders aren't ready for sharp changes on the market. I believe that you will have losses until you will be experienced enough. It's pretty important in trading to have losses, even in case they disappoint you a lot.
Jan 25, 2022 at 00:31
RobSchiz posted:In order to develop skills, it is necessary to build knowledge from mistakes. Otherwise it is impossible to make a profit.AliaDare posted:Yes. every trader should make their mistakes as their learning tools.
It is possible to learn a lot from Loss. If you want to develop skills, you need to learn from Mistake.
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