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.
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.
Absolutely, lack of trading knowledge is the main parameter of losing regular money here! I see, almost all of low skilled Forex traders are gamblers, they try to hunt profit! On the other hand, knowledgeable Forex traders are very logical! They know, when good opportunities are available and how to recover here!
market is volatile and we cant predict the real faction with certainly, for that reason we cant avoid losses in spite of having good knowledge and experience.
having a losses is very common attitude and there is no one who can avoid it in spite of having most powerful analyzing trade knowledge and experience.
Nov 16 2020 at 11:09
loss is a thing that always taught us a great lesson but we generally cant take this general issue, we got upset when making losses and trade over and over for recovery, as a result, lost almost whole equity.
Nov 25 2020 at 12:15
Loss is a common issue in the forex market. Many traders lose money every day in this market. Those c\traders can become successful who can make proper deal with the losses.
Nov 27 2020 at 04:41
Incurring losses while trading forex is obviously common. You cannot avoid losses completely at all. You lose and you win. It goes like that and will always be like that. Accept the fact as soon as you can.
Dec 03 2020 at 09:22
I think we should know where to put stop loss so as to avoid losses.
Charlessmith posted:
I think we should know where to put stop loss so as to avoid losses.
this is basic and important step to put stop loss. Without it, won't surprise account will be blown away.
Jul 08 2021 at 13:37
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.
You can recover your losses with a good trading plan
Tremblay posted:I agree with you.
You can recover your losses with a good trading plan
This is completely normal. The main thing is to be able to cover losses with profit.
Dec 01 2021 at 19:25
You can't just deviate from your strategy and start trying to make up for losses immediately or it's just going to cause even more. Best thing to do is take a breather and think about what went wrong.
Dec 06 2021 at 06:43
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.
Losses for a trader are quite normal. The main thing is to understand how you can avoid or prevent them.
It's like trying to start a business but being scared of expenses. They happen. if your business plan is any goo you will make more money than you lose and turn a profit.
If you can't spot the liquidity then you are the liquidity.
Dec 07 2021 at 17:33
There is no shortcut. You need to develop your own strategy then you need to put into practice what you have tested.
