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Losses are a part of trading
May 13, 2021 at 15:46
Forex is not only about making a profit, but it also includes loss. There will always be losses in forex trading because the market is bound to lose, and we traders should learn from those mistakes and ensure that we eradicate them on the next trade.
May 13, 2021 at 23:07
Yes, sometimes loss inevitable, but actually we can control the risk based on a risk management plan, stop loss is one feature in forex trading to manage the risk, the loss is something that not expected because this is not a goal trader due to the main goal is to make money with money, forex trading need money to make money and special skill to make business being profitable. choosing a broker is an important to step for traders.
Membre depuis Mar 16, 2021
posts 447
May 16, 2021 at 03:09
Jude_craig posted:LukeRachel posted:
Loss is a part of trading. So if you want to cover this loss, you should maintain a risk ratio and plan.
True. What is your risk to return ratio?
Most of the time I use a 1: 2 or 1: 3 risk ratio.
Membre depuis Mar 17, 2021
posts 494
May 17, 2021 at 17:23
Xazvier posted:
Forex is not only about making a profit, but it also includes loss. There will always be losses in forex trading because the market is bound to lose, and we traders should learn from those mistakes and ensure that we eradicate them on the next trade.
Yes. I agree with you.
Membre depuis Apr 16, 2021
posts 8
May 26, 2021 at 10:12
Losses are part of trading but how many losses in a row does it take to know that a strategy doesn't work? 3 , 4 ??
Membre depuis Mar 23, 2020
posts 20
May 26, 2021 at 10:59
Yeah losses are fundamental part of trading, because with losses you can learn your mistake. Experience is a hard teacher because she gives the test first, the lesson afterward.
Experience is the hardest teacher because she gives the test first, the lesson afterward.
Membre depuis May 27, 2021
posts 63
May 27, 2021 at 10:50
It's true that losses are part of forex trading. You can never have winning trades all the time. and this is just the nature of the way the market moves.
Membre depuis Mar 17, 2021
posts 494
May 27, 2021 at 19:45
Alexthetrader posted:
It's true that losses are part of forex trading. You can never have winning trades all the time. and this is just the nature of the way the market moves.
I agree with you. Many traders can not become successful because of their fear of losses.
Membre depuis May 27, 2021
posts 56
May 29, 2021 at 11:03
Yeah, losses are part of trading but it can always be prevented by proper knowledge and skills, also a trader should never give up, rather should find the ways to improve his trading.
