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Loss
Mar 19, 2022 at 11:29
Mohammadi posted:
There is nobody who is able to reduce loss completely from this volatile trading place, but taking some major steps it can be reduced sometimes. If we can manage our risk when trading practically then it is possible to reduce loss form before. So, we have to emphasis on risk management policy besides acquiring good trading knowledge.
It’s quite impossible! This is why, money management is such an important parameter here; we need to divided our risk presence here; in my trading I can’t rely on any specific trade position since, I don’t gamble here!
Mar 20, 2022 at 23:23
I think we cannot avoid the risk in trading, because sometimes loss is inevitable, the way to minimize the risk is only with learn how to determine best trading time and price to enter in the market and determine exit point on the right place, don't expect irrational target or too large target because hard to achieved and could leading to loss again
Member Since Nov 06, 2018
81 posts
Mar 23, 2022 at 10:01
Mohammadi posted:
There is nobody who is able to reduce loss completely from this volatile trading place, but taking some major steps it can be reduced sometimes. If we can manage our risk when trading practically then it is possible to reduce loss form before. So, we have to emphasis on risk management policy besides acquiring good trading knowledge.
Risk management is vital in order to be successful.
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