Aug 04 2020 at 11:48
Forex Trading money alone is involved, unlike other enterprises with inventory, overhead and asset management. The forex losses here and there are also felt in absolute monetary value. Most variables are stable in the usual business cycle and income is not based on trends. Although certain factors in some cases affect the margin, the investment is largely risk-free. In the Forex trade, on the contrary, there is no assurance of profit or risk-free capital as trends are prone to change and profitable businesses are elusive. Even the investment can be traded for forex. By identifying the types of forex losses typically associated with forex losses and our tips to prevent forecast losses, Forex losses could actually be greatly reduced.
if you any suggestions please comment to me
Thank you
if you any suggestions please comment to me
Thank you
Aug 04 2020 at 12:05
Use reasonable leverage and learn money management.
As much as I want to avoid losses in forex trading, you can't. It is never going to happen, however you can minimize the losses by
1. Learn about money management
2. Learn about risk management
3. Putting Stop Loss
4. Lower level of leverage
5. Trade with confidence but not too over confidence.
1. Learn about money management
2. Learn about risk management
3. Putting Stop Loss
4. Lower level of leverage
5. Trade with confidence but not too over confidence.
Aug 05 2020 at 10:21
IvanMelnik posted:thank you
Use reasonable leverage and learn money management.
Personally, it's hard for me to distinguish the most important point that will 100% help you prevent losses. But there are certain actions that will help you minimize your losses. Among them, perhaps, the most important are risk management, trading strategy and development of discipline. Actually, these aren't very complicated measures, which, if taken, will help you to get rid of at least half of your losses in trading. To study these steps in detail, you can go to the Internet and find all the necessary recommendations there.
A trader's failure to comply with or complete absence of a trading plan, which includes clear rules for entry and exit from the market, is almost 100% guarantee of failure to trade in the Forex market in the long term. As a rule, beginner traders have the same mistake. In case of failure, emotions take over the mind, and the beginner simply throws his trading plan, only exacerbating the situation and reapplying unprofitable trading methods. Such traders enter the position with all their deposits, ignore stop-losses and hold unprofitable positions, hoping for a quick reversal of the market, ignoring the reverse signals or interpreting them in their favor, presenting wishful thinking as real.
Aug 06 2020 at 09:43
thanks for your replay to all
Aug 06 2020 at 09:45
IvanMelnik posted:thats correct
Use reasonable leverage and learn money management.
Thanks for you replay
trades management and money management for any consultant contact me my telegram channel FX Golding Wing
Until you gain a certain experience, you will not be able to trade without losses, the only thing that can make them minimal is working with a broker Amarkets, because they really have some of the best conditions.
Aug 10 2020 at 12:02
Thanks for your replay
Aug 10 2020 at 12:40
IvanMelnik posted:without this you wont get anywhere haha
Use reasonable leverage and learn money management.
It takes a lot of training to truly understand all aspects of trading.
Aug 11 2020 at 11:31
You can avoid losses by making a good and profitable strategy. A good strategy can overcome your losses.
The more you learn in trading, the more your experience will progress. You have to learn first. There are 3 types of analysis which are fundamental analysis / technical analysis / sentimental analysis. In the midst of this analysis, the sentimental analysis seems to me to be the best. After analysis, you need to know about money management. You must know how to do risk management. You need to know how to use Stop Loss. Knowing all these things, you will benefit if you trade.
Aug 28 2020 at 04:22
To make a profit in Forex trading, you must first focus on the analysis. The better the analysis, the better the trading result. There are other parts of trading besides analysis which are very important for trading. That is money management, risk management, and trading discipline. If these 3 things are not in your trading, then no matter how good the analysis, you will lose at the end of the day. These are a part of human psychology which is very important for trading.
Putting stop loss is one of the very good process to consider. You can always try demo trading if you are so unsure with your trading and see if you will be able to make profit or losses
I have developed a good strategy and trading plan, I test it on a demo account, and then my losses become minimal.
The best way is to use tested and profitable forex robots https://fxzig.com/ . This avoids the flaws of human psychology.
