having a losses

May 24, 2019 at 09:58
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84 Replies
會員從Aug 09, 2017開始   785帖子
May 24, 2019 at 09:58
generally after having a losses from trade we become emotional and trade over and over , we lost our motive and mind , as a result become loser. its more appropriate to become cool when having a loss and stop trading for a while.  
會員從Oct 20, 2018開始   300帖子
May 25, 2019 at 16:35
Imamul posted:
 generally after having a losses from trade we become emotional and trade over and over , we lost our motive and mind , as a result become loser. its more appropriate to become cool when having a loss and stop trading for a while.  

Losses are part of the game and you`ve got to be prepared for it.
momchil_slavov@
會員從May 24, 2019開始   10帖子
May 26, 2019 at 06:48
very true. It is difficult to deal with losses. I am still trying to get it. I hate losing. Especially 3 trades in a row, everything spirals down for me then
會員從Apr 19, 2019開始   18帖子
May 26, 2019 at 06:55
I don't agree with this statement. The only reason someone becomes emotional and 'loses their cool' after losing a trade is if they risked more on the trade then they are willing to lose. There is a difference between 'revenge trading' and trading. If you stop trading you might miss the next opportunity. The mistake was risk management not trading.
會員從Jul 22, 2018開始   11帖子
May 27, 2019 at 10:39
Generous posted:
I don't agree with this statement. The only reason someone becomes emotional and 'loses their cool' after losing a trade is if they risked more on the trade then they are willing to lose. There is a difference between 'revenge trading' and trading. If you stop trading you might miss the next opportunity. The mistake was risk management not trading.

Totally. Risk management causes emotional problems. No one ever got emotional about losing money on a demo account
會員從Apr 18, 2017開始   718帖子
May 27, 2019 at 11:49
ManUnitedBest posted:
very true. It is difficult to deal with losses. I am still trying to get it. I hate losing. Especially 3 trades in a row, everything spirals down for me then

Use a notebook to printout the reason of your trading! I am sure, it’ll help you a lot!
會員從Dec 26, 2018開始   34帖子
May 28, 2019 at 06:00
Losses are inevitable in trading, and every trader has had losses at one point or the other. What really matters is how you deal with your losses. One should not trade to recover losses, but trade to learn and make profits. Psychology matters a lot for successful trading, and for growth of a trader
會員從May 11, 2019開始   25帖子
May 28, 2019 at 06:02
I agree with the last poster here anyway. You really need to learn how to manage your money here anyway. Loosing a bit shouldn't stop you at all if you really in need of something big. That things happening all the time, be prepared and set budgets for that.
會員從Aug 09, 2017開始   785帖子
May 28, 2019 at 11:12
In Fx trading, learning is not easy despite of having too many sources including pips school, learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme
會員從Apr 18, 2017開始   718帖子
Jun 30, 2019 at 06:48
Imamul posted:
In Fx trading, learning is not easy despite of having too many sources including pips school, learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme

Agree! In this case, learning is more challenging since there is no specific syllabus; besides a number of new traders start their trading without any mentor!
會員從Jul 03, 2019開始   5帖子
Jul 03, 2019 at 08:36
Imamul posted:
In Fx trading, learning is not easy despite of having too many sources including pips school, learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme

Right, we know where are the lacking points. Wrong expectation produces greed, greed to lazy, lazy to revenge, and messy circle on. Such people needs (genuine) mentor to fix their engine.

But if traders have lowly attitude with great patience, lessons would be whole lot better for them without cranky noises (err behaviour).
會員從Jul 03, 2019開始   10帖子
Jul 03, 2019 at 10:05
Forex trading is hard and there will be losses. Most important thing is to accept them and learn from them. Not to get bothered and revenge trade.
會員從May 16, 2019開始   29帖子
Jul 03, 2019 at 17:39
Losses are inevitable in forex trading, what matters is how different traders react to these losses. It's important to focus on getting as much trading education as possible, and learn more about risk management. If you experience too much losses, take a trading break and watch from the sides for a while
會員從Oct 20, 2018開始   300帖子
Jul 05, 2019 at 19:39
AmDiab posted:
Imamul posted:
In Fx trading, learning is not easy despite of having too many sources including pips school, learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme

Agree! In this case, learning is more challenging since there is no specific syllabus; besides a number of new traders start their trading without any mentor!

I don`t believe in mentors. I`ve started without and now (8-9 years later) after a long learning i`m not regret about it. Besides so called mentors these days are mainly fake.
momchil_slavov@
會員從Dec 18, 2018開始   47帖子
Jul 06, 2019 at 21:09
Loss is good for forex traders!! Let me explain...

Forex trading is highly risky and your capital at risk. I hope you saw or heard it before.

Forex trading first condition is you have to prepare for loss before entering forex trading. It almost happens with beginners sometimes also with beginners.

But don't give up, just you have to know how to recover forex loss, you may look there for motivation and education https://www.forexvolumes.com/blog/how-to-recover-from-loss-on-forex


If you follow Wikipedia, you can see 'List of trading losses' a big list.

Just proper education and your mental physiology can out of it. So let's begin again
會員從Jul 09, 2019開始   38帖子
Jul 24, 2019 at 12:18
According to me, being able to take losses in a positive manner is a prerequisite of becoming a successful trader. Having losses will only take you through your mistakes as a trader and eventually you will learn and start to make good profits. Just be sure that you exit a position giving you losses as soon as possible.
會員從Feb 22, 2011開始   4862帖子
Jul 24, 2019 at 12:23
Accepting losses is fine, it is part of trading.
The most important is to keep losses less frequent than profits :)
If your stop losses are too tight you will close trades too soon with loss while they can later turn into profit.
It is hard to determine what is the best approach and definitelly that should differ per trade system.
會員從Jul 12, 2019開始   10帖子
Jul 24, 2019 at 12:36
Moving past the stress of a loss is such an important part of being a well rounded trader. The pros do not care about losing, they can be in a loss for months at a time. Getting the Lot size right is very important to feeling better about losses
會員從Oct 20, 2018開始   300帖子
Jul 24, 2019 at 16:44
momo3HC posted:
AmDiab posted:
Imamul posted:
In Fx trading, learning is not easy despite of having too many sources including pips school, learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme

Agree! In this case, learning is more challenging since there is no specific syllabus; besides a number of new traders start their trading without any mentor!

I don`t believe in mentors. I`ve started without and now (8-9 years later) after a long learning i`m not regret about it. Besides so called mentors these days are mainly fake.

Congrats mate. You`re damn right. My story is the same. 😉
momchil_slavov@
會員從Apr 18, 2017開始   920帖子
Jul 28, 2019 at 10:17
That’s the reality; all successful traders made their pro trading skill manually! Besides, managing a good mentor is more challenging than learning Forex! So, new traders need to start their learning process manually!
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