having a losses

Whether this hour of trading is lost, without which it will be impossible to develop in this area, and you need to be mentally prepared for this.

Ezereombre posted:
Revenge trading is the worst of all! Hate when I do it!

Agreed! If not stopped at the right time, it can lead to major losses.

Loss is a common thing in the forex market. If you can deal properly with the losses you can make your trading career profitable and successful.

true that, losses can demotivate you to continue or in order to cover the losses you mind lose your calm and take wrong trades which might increase the losses ever further. One has to stay cool even in case of losses.

right now most important trading tip dont trade over ,
because it can make you loser, market sometime moving at random.  

Risk management and money management play an important role when you want to minimize your losses.

SofieAndreasen posted:

Roberto21 posted:
Lacking of money management is a part of losing, I admit it. But not the foremost at all. The main issue is keeping emotions with lack of good trading knowledge.

You are right. However, SL is also one of the reasons to lose money. Sometimes traders blow their account due to not setting SL in their trade.

Definitely, using orders the right way is a very useful thing as it is impossible to monitor every single one of your trades all the time.

having a losses is very common attitude and there is no one who can avoid it in spite of having most powerful analyzing trade knowledge and experience.

It is very common to incur losses in Forex trading. The market is volatile and nearly everyone faces loss once in a while. Try to work on your strategy and you will just be fine.

Shaunmaxi posted:
It is very common to incur losses in Forex trading. The market is volatile and nearly everyone faces loss once in a while. Try to work on your strategy and you will just be fine.

Indeed losses are a part of every trader's journey, we shouldn't lose hope.

market is volatile and we cant predict the real faction with certainly, for that reason we cant avoid losses in spite of having good knowledge and experience.

loss is a thing that always taught us a great lesson but we generally cant take this general issue, we got upset when making losses and trade over and over for recovery, as a result, lost almost whole equity.

Loss is a common issue in the forex market. Many traders lose money every day in this market. Those c\traders can become successful who can make proper deal with the losses.

Incurring losses while trading forex is obviously common. You cannot avoid losses completely at all. You lose and you win. It goes like that and will always be like that. Accept the fact as soon as you can.

I think we should know where to put stop loss so as to avoid losses.

Charlessmith posted:
I think we should know where to put stop loss so as to avoid losses.

this is basic and important step to put stop loss. Without it, won't surprise account will be blown away.

Shaunmaxi posted:
It is very common to incur losses in Forex trading. The market is volatile and nearly everyone faces loss once in a while. Try to work on your strategy and you will just be fine.

Loss is a common thing in forex market.

You can't just deviate from your strategy and start trying to make up for losses immediately or it's just going to cause even more. Best thing to do is take a breather and think about what went wrong.

A good trading plan can recover some of the losses from bad trades, but if you keep making bad trading decisions, then you will eventually lose all your money. A good Forex trader does not have many losing trades, and when they do lose, they just accept it as a cost of doing business. A trading plan can help you avoid having too many losing trades.