How to Avoid Forex Losses In Forex Trading?

Aug 04, 2020 at 11:48
3,133 Views
63 Replies
Biedrs kopš   119 ieraksti
Sep 16, 2020 at 10:50
If we do not draw the correct conclusion from the mistakes that we make, we will continue to make them constantly.
Sep 16, 2020 at 14:25
Making a good and profitable trading strategy can help you to minimize your losses. It will help you to make money consistently from this risky market.
Biedrs kopš   232 ieraksti
Sep 16, 2020 at 19:48
You can avoid losses by making a good and effective trading strategy.
Biedrs kopš   65 ieraksti
Oct 07, 2020 at 09:21
I agree. One can always work towards minimising the losses, even if their elimination is not a probability.
Nov 02, 2020 at 09:17
Losses do happen, no matter how good your strategy is. The key to profitability and consistency is not avoiding losses but minimizing them as much as possible.
Biedrs kopš   341 ieraksti
Nov 02, 2020 at 11:40
You need to have proper knowledge about the market to avoid losses in the forex market.
Biedrs kopš   536 ieraksti
Apr 10, 2021 at 16:04
GeorgeBischof posted:
Making a good and profitable trading strategy can help you to minimize your losses. It will help you to make money consistently from this risky market.
Yes. You are absolutely right. A good strategy can help you to avoid losses.
May 10, 2021 at 00:27
Demo practice is essential to build confidence and reduce loss in real trading.
Biedrs kopš   536 ieraksti
May 29, 2021 at 16:58
LyudmilLukanov posted:
Demo practice is essential to build confidence and reduce loss in real trading.
Yes. I agree with you. Most traders lost their money because of their low knowledge.
Biedrs kopš   20 ieraksti
Jun 24, 2021 at 04:43
There are many mistakes that can affect the fact that you lose your funds, but the lack of knowledge is the main one that is common to all.
Jul 08, 2021 at 16:03
You cannot fully overcome the loss. It is a part and parcel of trading.
Biedrs kopš   617 ieraksti
Dec 27, 2021 at 05:37
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.
Biedrs kopš   751 ieraksti
Dec 27, 2021 at 11:50
Generally after having a losses from trade we become emotional and trade over and over , we lost our motive and mind , as a result become loser. its more appropriate to become cool when having a loss and stop trading for a while.
Dec 27, 2021 at 12:00
By using stop loss and TP.
Biedrs kopš   73 ieraksti
Dec 27, 2021 at 15:23
The best traders in the world will have losses, but those traders try minimize the magnitude of their losses in order to trade another day using adequate position sizing and stop losses.
Integrity is the seed for achievement. It is the principle that never fails. - Earl Nightingale
Biedrs kopš   477 ieraksti
Dec 28, 2021 at 02:05
Ferdii posted:
There are many mistakes that can affect the fact that you lose your funds, but the lack of knowledge is the main one that is common to all.
To get rid of forex losses you need to maintain a journal and learn from mistakes. We need to move forward with the plan.
Biedrs kopš   788 ieraksti
Dec 28, 2021 at 02:31
Demo practice is really very important. It helps a lot in creating trading plans and disciplines.
Biedrs kopš   788 ieraksti
Dec 29, 2021 at 09:10
RobSchiz posted:
AliaDare posted:
Demo practice is really very important. It helps a lot in creating trading plans and disciplines.
Yes. A demo will be the best platform to make the knowledge improved and updated.
Of course, you need to use demo platform to create knowledge. It is possible to double the skills.
Biedrs kopš   3 ieraksti
Dec 29, 2021 at 14:27
Learn to manage your money and use reasonable leverage.
Biedrs kopš   103 ieraksti
Dec 29, 2021 at 16:17
The key is to keep your risk levels low. Never trade without a stop loss. Invest in your forex education and use a demo account to build on skills.
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