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Loss
Anggota Sejak Jun 22, 2020
39 pos
Anggota Sejak Jul 20, 2020
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Anggota Sejak Jul 19, 2020
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Jun 29, 2021 at 12:14
Anggota Sejak Mar 28, 2021
617 pos
It is possible to be benefitted from losses if we can take them as a lesson. Every loss is a lesson. Traders use journal to keep track of their past trading mistake so that they can learn from their mistakes. Learning from mistakes is the best learning.
Anggota Sejak Sep 12, 2017
238 pos
Anggota Sejak Mar 17, 2021
536 pos
Anggota Sejak Mar 16, 2021
477 pos
Anggota Sejak Mar 17, 2021
536 pos
Jul 16, 2021 at 09:03
Anggota Sejak Mar 17, 2021
536 pos
UweMoench posted:Yes. You have to make a solid plan to manage the risks and reduce the loss.
Loss is a part of forex trading. That's why money management and risk management are important in trading. Every trader should take measures to reduce risk.
Aug 03, 2021 at 21:48
Anggota Sejak Apr 03, 2021
8 pos
I'm convinced that it's impossible to get rid of losses at all. Losses are the biggest part of trading. Well, it's a bad side of trading activity however it brings you lots of experience which affords you to make profits in future. Speaking about reduing risks, I should note that only by complying with risk management practices traders are able to reach this goal. The proccess of learning these practices takes plenty of time of course, nevertheless it brings you more than just time. I'm sure that there is nothing better for a trader (except money) than experience. This thing makes you never give up.
Aug 04, 2021 at 00:05
Anggota Sejak Apr 03, 2021
470 pos
Yes, loss is sometimes inevitable, in trading, this is fairly happening, but of course, as traders needs to manage the risk, they can try to use various ways to minimize the risk, using stop-loss s common way to manage the risk, besides trader may use the correlation between pair to minimize the risk as hedging position
Aug 04, 2021 at 05:00
Anggota Sejak Jul 07, 2021
41 pos
Sure, loss is part and parcel of trading as there is always the element of risk, but you need to speculate, analyse and do your best to avoid losses. Risk management is very important. Having said that it is best to prepare yourself psychologically for the possible loss too. Too high expectations that you will gain is not healthy as loss is often the result, and you need to be prepared for that.
Dec 06, 2021 at 05:21
Anggota Sejak Nov 03, 2021
53 pos
There’s absolutely nothing a trader can do to avoid loss but by working on risk management practices, loss can be minimized. Some tips that always work when it comes to managing risks are:
1. Calculating your risk tolerance and not exceeding the limit.
2. Using stop loss and limit orders.
3. Not risking more than 2% per trade.
4. Controlled use of leverage.
5. Keeping the risk consistent.
1. Calculating your risk tolerance and not exceeding the limit.
2. Using stop loss and limit orders.
3. Not risking more than 2% per trade.
4. Controlled use of leverage.
5. Keeping the risk consistent.
Anggota Sejak Jul 23, 2020
869 pos
Anggota Sejak Apr 09, 2019
538 pos
Anggota Sejak Jan 22, 2021
125 pos
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