Losses are a part of trading

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, 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.

When starting a trade, you must understand that you will still lose a part, because this is a pattern.

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.

This is a really pretty good ratio that you can actually use.

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.

Yes, no one can ignore the fact that losses are very much a part of forex as much as profits are. Can’t ignore that at any point and focusing solely on profits or losses won’t help a trader.

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 ??

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.

Creating a forex strategy is a must for every trader. There will be a loss in trading but to cover that loss you have to maintain the risk. I think it is possible to cover that loss by maintaining a 1: 2 risk ratio and trading.

No ride can be a smooth. There are highs and lows everywhere,so in forex.

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.

Bulldog_M posted:
No ride can be a smooth. There are highs and lows everywhere,so in forex.

My thoughts exactly.

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.

Profit and loss are the 2 sides of a coin... Both side can neither be tails nor heads ... Both go hand in hand

There is a certain pattern that without a loss you will not make a profit and you just have to accept the effectiveness

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.

Most of the traders become stressed if they loss almost any trade. From that restlessness they take revenge trade. They'd love to regain it instantly. We have to stay calm and wait for chance.

Losses are a common thing in the forex market and it is a very risky and volatile market. You can only minimize your risk with a good trading plan and strategy.