We always advised by the senior traders and experts just for learning. but I think we the newcomers have to practice trading besides learning process. Demo account is more appropriate for them and as a learning Process newcomers can depend on Pips School.
I fully agree with OP. Our target is 80%+ profitable trades with minimal drawdown.
This is achieved by being very nimble and constantly reacting to the latest price action that the market is communicating to us. Staying nimble helps you stay profitable!
This is achieved by being very nimble and constantly reacting to the latest price action that the market is communicating to us. Staying nimble helps you stay profitable!
Loss is an inevitable part of trading there is nobody who can avoid it completely; mostly loss occurs due to lack of exact money management plan as well non-skill trading knowledge. So, for avoiding loss we have to focus on there.
most of the looses happens for only one reason which is mistake , i mean same mistake , if we cannot come out from same mistake there is no chance to come out losses at all.
Sometimes, through loss, we ultimately achieve a very good result.
May 08 2020 at 03:50
Loss is inalienable part of profit. Do not afraid to lose your money - be afraid of NOT being able to learn on your own mistakes.
May 13 2020 at 15:17
Leaning from own trading mistake is the best practice! But, we should try to complete our main learning process in the beginning stage of trading!
May 13 2020 at 18:04
talanted and smart trader can turn a loss into a profit. not right away, off course - but eventually he'll succeed. But if you don't know how to deal with a loss - maybe Forex market is not for you?
May 14 2020 at 15:19
high leverage means high losses , its not true exactly, if there is any risk it is complete with nonsense planning or zero risk management, nothing without it.
May 14 2020 at 15:42
loss is a very good thing if you want to learn. Demo loss doensn't mean anything - but try to treat your demo account as your real! it will help you in the future, believe me!
