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 posted:YOU ARE MOST WELCOME SIR .
Thank you for the tip of the day :))
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!
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!
Better life
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.
Nov 14 2022 at 14:20
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.
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?
Better life
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.
Surficial posted: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.
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.
Nov 22 2022 at 13:33
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.
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.
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.
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.
Nov 28 2022 at 14:32
What do you mean by a losing budget ? What do you do when it is reached? Quit Forex?
You are the supervisor of your own. Periodical measurement of performance is needed because it helps a trader understand his lacking.
Successful traders feel pride trading in forex. But Forex is puzzling to new traders because they hardly understand the market.
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.
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.
Loss planning, in my opinion, is crucial in order to avoid taking trading for granted and to be ready for any situation in market.
Dec 08 2022 at 16:39
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.
