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having a losses
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Nov 02, 2020 at 07:33
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SofieAndreasen posted:Roberto21 posted:You are right. However, SL is also one of the reasons to lose money. Sometimes traders blow their account due to not setting SL in their trade.
Lacking of money management is a part of losing, I admit it. But not the foremost at all. The main issue is keeping emotions with lack of good trading knowledge.
Definitely, using orders the right way is a very useful thing as it is impossible to monitor every single one of your trades all the time.
Nov 12, 2020 at 07:14
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Shaunmaxi posted:
It is very common to incur losses in Forex trading. The market is volatile and nearly everyone faces loss once in a while. Try to work on your strategy and you will just be fine.
Indeed losses are a part of every trader's journey, we shouldn't lose hope.
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Jul 08, 2021 at 13:37
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Shaunmaxi posted:Loss is a common thing in forex market.
It is very common to incur losses in Forex trading. The market is volatile and nearly everyone faces loss once in a while. Try to work on your strategy and you will just be fine.
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Dec 06, 2021 at 06:43
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A good trading plan can recover some of the losses from bad trades, but if you keep making bad trading decisions, then you will eventually lose all your money. A good Forex trader does not have many losing trades, and when they do lose, they just accept it as a cost of doing business. A trading plan can help you avoid having too many losing trades.
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