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Losses are a part of trading

Mar 02, 2021 at 11:38
2,316 Views
72 Replies
Biedrs kopš   886 ieraksti
Apr 16, 2021 at 06:46
honestly speaking i never consider losses as my any worst thing , losses is a thing that is my best teacher and taught me great lesion for all time.
Biedrs kopš   785 ieraksti
Apr 16, 2021 at 07:19
most of the i faces loss during news , its a very bad event in my trading life , actually i always weak in fundamental knowledge
Biedrs kopš   9 ieraksti
Apr 23, 2021 at 05:20
Yes losses are very much a big part of forex and every trader should try to avoid them.
Biedrs kopš   330 ieraksti
Apr 23, 2021 at 09:27
yojimbo posted:
I understand losses are a part of trading and I do not mind a few here or there. I have problem when I have 4 or more losses in a row. That really dents my confidence
Then you should change your trading strategy. Consistent losses may occur for your wrong strategy.
Biedrs kopš   81 ieraksti
Apr 23, 2021 at 14:20
Your goal is to understand that a trading strategy requires a large number of trades to make money, and in addition, it is perfectly normal for a series of trades to have a number of loss positions.
Biedrs kopš   751 ieraksti
May 03, 2021 at 14:28
In trading loss will be there. A good trader knows how to recover the loss. They are very calculative and discipline in their trading. But most traders can not tolerate loss. As a result they open revenge trades.
Biedrs kopš   49 ieraksti
May 03, 2021 at 14:42
The first step in forex is to accept the losses and learn from the mistakes made so that it avoided during future trades.
Biedrs kopš   617 ieraksti
May 05, 2021 at 14:20
Loss is a part of every business. But forex is more risky due to high leverage. Every should know how to minimize the loss. There are different approach one should follow to minimize loss.
Biedrs kopš   751 ieraksti
May 05, 2021 at 14:36
@Akasuki Yes you are right. Every trader should know how to minimize loss. As Warren Buffett said, Risk comes from not knowing what you are doing. Skills and experience is mandatory in forex trading.
Biedrs kopš   327 ieraksti
May 06, 2021 at 08:39
loss is an inevitable part of trading and no way to ignore even after having in spite of good knowledge and experience , so we the traders have to take losses easily.
Biedrs kopš   23 ieraksti
May 06, 2021 at 09:32
P&L, both are inevitable in trading so learn to take both in stride.
Biedrs kopš   219 ieraksti
May 06, 2021 at 10:38
forexminded posted:
How do you guys set the risk-reward ratio for your trades?
I prefer using 1:3 risk to reward ratio... It has proved ideal for maximum of my trades.
The more your practice, the more you learn.
Biedrs kopš   81 ieraksti
May 06, 2021 at 11:41
Brank_A posted:
P&L, both are inevitable in trading so learn to take both in stride.
Pro tip. We have to accept some harsh truths if we want to emerge successful.
Biedrs kopš   886 ieraksti
May 11, 2021 at 09:12
for avoiding losses learning is a continues process , because there is no way to stop learning in spite of having good knowledge and experience.
Biedrs kopš   994 ieraksti
May 11, 2021 at 09:39
if you can't handle the loss, then the loss will handle you, so be careful, because there is no way to avoid losses in spite of having good knowledge and experience.
Biedrs kopš   231 ieraksti
May 11, 2021 at 10:21
Losses are part of Forex trading but how can we minimize them?
Biedrs kopš   12 ieraksti
May 11, 2021 at 10:27
Losses are part of trading. Yes, it is...Unfortunately.
But losses have one big PLUS: you start to analyze what have you made wrong. And next time you try do not make the same mistake. Any loss can bring you more profit in future. That's what I think.
Biedrs kopš   54 ieraksti
May 11, 2021 at 12:21
In any case, there will be no trading where you will face losses.
May 11, 2021 at 15:06
no doubt losses are part of the trading. one should never think about win always
Biedrs kopš   219 ieraksti
May 12, 2021 at 07:14
Adribaasmet posted:
if you can't handle the loss, then the loss will handle you, so be careful, because there is no way to avoid losses in spite of having good knowledge and experience.
Yes, one cannot just avoid losses, even if we do all our calculations, risk management, stop loss etc, still there will be a chance for the trade to result opposite to your prediction, thus you need to be prepared and work on covering up the loss later rather than just cribbing over it.
The more your practice, the more you learn.
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