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WHY I HAVE A ''LOSS'' PLAN

emml (winqs)
Nov 04 2022 at 17:42
posts 3
MOST PEOPLE ARE FAILING BECAUSE THEY DONT HAVE A LOOSING BUDGET, THEY ONLY GOT A WIN WIN BUDGET. LOSING DOES NOT MEAN YOU ARE A BAD TRADER, IT IS JUST PART OF THIS GAME. IF YOU DONT HAVE A BUDGET FOR IT THEN IT MEANS YOU DONT HAVE A PLAN FOR IT AS WELL, THAT AS A RESAULT LEADS TO REVENGE TRADING, LEAVING YOUR ACCOUNT TO RUN NO MATTER WHAT, GOING ALL IN etc. Lets trade wisely and keep INVESTORS money safe
Fuppo
Nov 04 2022 at 20:56
posts 1
Thank you for the tip of the day :))
emml (winqs)
Nov 04 2022 at 21:04
posts 3
Fuppo posted:
Thank you for the tip of the day :))
YOU ARE MOST WELCOME SIR .
Drill (brooktrader)
Nov 04 2022 at 22:33
posts 5
Loosing isn't part of the game. Y'all been taught wrongly. 😂😂

But if course i get your point.

It's just that I've known some formidable traders over time with unending winning streaks and I'm fashioning myself in that line now!
emml (winqs)
Nov 08 2022 at 08:46
posts 3
brooktrader posted:
Loosing isn't part of the game. Y'all been taught wrongly. 😂😂

But if course i get your point.

It's just that I've known some formidable traders over time with unending winning streaks and I'm fashioning myself in that line now!

lol .. trust me loosing is part. You can't win trades all the time. nobody has and nobody will. But of course, most fake people on the internet try to convince people they never lose because they want you to pay for a program, they themself are not using. As the saying goes. it easier said than done, especially people who don't have verified public account.
WhiteWitcher
Nov 14 2022 at 14:20
posts 74
Oh losses, unfortunately, always will be. Treat them philosophically. Take them as a lesson for the future. To become less in the future. But they won't disappear completely. It's a pity. lmao.
Drill (brooktrader)
Nov 15 2022 at 19:20
posts 5
WhiteWitcher posted:
Oh losses, unfortunately, always will be. Treat them philosophically. Take them as a lesson for the future. To become less in the future. But they won't disappear completely. It's a pity. lmao.


What do you call losses emanating from error due to parallax?
Surficial
Nov 17 2022 at 08:02
posts 7
Losses are there in the market to teach us a lesson. When we ignore this fact, we lose. It is alright to face them, but we must have a proper plan to deal with them, learn from them, and accept them.
tigerron
Nov 18 2022 at 10:21
posts 26
Surficial posted:
Losses are there in the market to teach us a lesson. When we ignore this fact, we lose. It is alright to face them, but we must have a proper plan to deal with them, learn from them, and accept them.
Yes, I believe that every setback teaches us something, but we should always draw conclusions from them to help us avoid future setbacks. Additionally, having a loss plan makes trading seem more secure.
WhiteWitcher
Nov 22 2022 at 13:33
posts 74
brooktrader posted:
WhiteWitcher posted:
Oh losses, unfortunately, always will be. Treat them philosophically. Take them as a lesson for the future. To become less in the future. But they won't disappear completely. It's a pity. lmao.


What do you call losses emanating from error due to parallax?

Oh do you mean shifting the focus from a clear error to the one that seems? I would call it that. When there is no way to correctly assess the situation and you start to wind yourself up in a place where you should not.

Or do you mean something else? Might misunderstand you lol.
Cathedra
Nov 28 2022 at 06:47
posts 36
Losses are stepping stones that must be climbed to reach success. It is easier when you are mentally prepared, so prepare mentally for the losses ahead of time. The forex market is dynamic and volatile. As a result, it is advised that you only trade with money that you can afford to lose.
derrik_56
Nov 28 2022 at 11:15
posts 14
There is no plan as a loss plan, being a beginner one thing I have learned is that a plan can become a success and loss totally depend upon your attitude and approach.
davesper
Nov 28 2022 at 12:02
posts 136
In general, this is an extremely correct decision. During my time in this industry, I already realized that it is extremely important to have a plan for any scenario.
trickexist1
Nov 28 2022 at 14:32
posts 6
What do you mean by a losing budget ? What do you do when it is reached? Quit Forex?
SteveFx11
Nov 30 2022 at 08:57
posts 183
You are the supervisor of your own. Periodical measurement of performance is needed because it helps a trader understand his lacking.
Marcolis
Dec 03 2022 at 05:03
posts 219
Successful traders feel pride trading in forex. But Forex is puzzling to new traders because they hardly understand the market.
davesper
Dec 03 2022 at 14:19
posts 136
Whatever it was, you need to have such a plan. It seems to me that in the current state of the market, this is really the option that is important to pay attention to.
Meatus
Dec 07 2022 at 09:27
posts 27
This is definitely one of the best pieces of advice I ever got. Losing is a part of the trading process, yet, it should be planned, as to setting a loss target for a day after which you do not trade for the time being until and unless you find out your mistake, and rectify it.
rubeix
Dec 08 2022 at 11:18
posts 18
Loss planning, in my opinion, is crucial in order to avoid taking trading for granted and to be ready for any situation in market.
LabuyaChicay
Dec 08 2022 at 16:39
posts 119
I prefer trading in EURUSD and GBPUSD because I can trade here by using moderate leverage and using the low trading spread.These pairs help me carry a handsome amount of profit.
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