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When loss occurs
Member Since Feb 20, 2021
13 posts
Jun 30, 2021 at 12:19
Member Since Jul 19, 2020
749 posts
@williearnold Yes accepting the loss is important. Most people can not accept loss. As a result they take revenge trades and lose more mony.
Member Since Mar 17, 2021
494 posts
Jul 01, 2021 at 12:29
Member Since Mar 17, 2021
494 posts
UweMoench posted:
@williearnold Yes accepting the loss is important. Most people can not accept loss. As a result they take revenge trades and lose more mony.
Accepting loss is the most important quality a trader need to have.
Jul 01, 2021 at 21:52
Member Since Apr 03, 2021
437 posts
Loss is part in trading if get loss better stay cool., don't angry too much, because if anger control minds, all decision later willfully make a regret, if a trader in emotion, stop trading and close your platform, because if enforcing to start open new trades, usually based emotion not based logic analysis.
Member Since Feb 20, 2021
51 posts
Jul 05, 2021 at 07:57
Member Since Mar 28, 2021
586 posts
@jonathandaniel Yes getting attachment to the trades make us emotional. This emotion doesn't let us close any trade if it goes against us. We should try to as much as logical.
Member Since Jun 12, 2021
132 posts
Member Since Mar 17, 2021
494 posts
Nov 24, 2021 at 20:03
Member Since Mar 17, 2021
494 posts
Davidfx89 posted:
if you dont take losses seriously then you of course will fall a great trouble , because loss is a thing that cannot avoid in spite of having good knowledge and experience.
Yes. you have to make a risk management to reduce the losses as much as you can.
Member Since Jun 12, 2021
132 posts
Member Since Nov 23, 2021
24 posts
Nov 30, 2021 at 06:53
Member Since Nov 23, 2021
24 posts
Losses occur in Forex trading when the price of a currency pair moves against the trader's position. Money management techniques can help traders to control their risk and loss. The trader must decide on the maximum amount he is willing to lose, regardless of market direction.
Member Since Apr 09, 2019
516 posts
Dec 01, 2021 at 17:46
Member Since Apr 09, 2019
516 posts
If you are trading live then the assumption is you are doing so with a reasonable belief that you have an edge. You won't win every trade but if you stay the course you will come out on top.
If you can't spot the liquidity then you are the liquidity.
Member Since Aug 05, 2021
394 posts
Member Since Oct 29, 2021
69 posts
Dec 03, 2021 at 05:16
Member Since Oct 29, 2021
69 posts
Losses are the part of the trade that is necessary to be prepared for, and it is the part of the process that teaches us how to turn a loss into a full-blown profit. As a trader, one should have a complete understanding of the risk-reward ratio and always maintain a trade journal. This will help you to manage the trades effectively and optimize your profitability throughout the trade.
Member Since Mar 17, 2021
494 posts
Member Since Jul 20, 2020
385 posts
Dec 04, 2021 at 16:01
Member Since Jul 20, 2020
385 posts
miguelcaron posted:
Losses are the part of the trade that is necessary to be prepared for, and it is the part of the process that teaches us how to turn a loss into a full-blown profit. As a trader, one should have a complete understanding of the risk-reward ratio and always maintain a trade journal. This will help you to manage the trades effectively and optimize your profitability throughout the trade.
Completely agree, They are part of any trading strategy but you need to make sure you are following rules and they are losses part of a system and not sloppy trading
Member Since Dec 18, 2019
14 posts
Jan 14, 2022 at 15:12
Member Since Dec 18, 2019
14 posts
You shouldn't perceive losses as something bad. Losses is a part of trading activity and every trader understands that losses play major role in the development of traders. They teach them a lot, they bring them experience which boost their development and help them to get their objectives. As far as I concerned, not all traders can perceive losses in a right way. The most part of traders go mad and give up trading, while it's incorrect behavior to my mind. Of course, it's a very unpleasant situation, but it shows you what mistakes did you make and you know already how to behave on the market in future.
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