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Losses are a part of trading
Uczestnik z Jul 19, 2020
751 postów
May 03, 2021 at 14:28
Uczestnik z Jul 19, 2020
751 postów
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.
Uczestnik z Mar 28, 2021
617 postów
May 05, 2021 at 14:20
Uczestnik z Mar 28, 2021
617 postów
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.
Uczestnik z Jul 19, 2020
751 postów
May 05, 2021 at 14:36
Uczestnik z Jul 19, 2020
751 postów
@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.
Uczestnik z Jun 26, 2020
327 postów
May 06, 2021 at 08:39
Uczestnik z Jun 26, 2020
327 postów
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.
Uczestnik z Apr 15, 2020
219 postów
May 06, 2021 at 10:38
Uczestnik z Apr 15, 2020
219 postów
forexminded posted:I prefer using 1:3 risk to reward ratio... It has proved ideal for maximum of my trades.
How do you guys set the risk-reward ratio for your trades?
The more your practice, the more you learn.
Uczestnik z Dec 05, 2020
81 postów
Uczestnik z Aug 11, 2017
886 postów
May 11, 2021 at 09:12
Uczestnik z Aug 11, 2017
886 postów
for avoiding losses learning is a continues process , because there is no way to stop learning in spite of having good knowledge and experience.
Uczestnik z Aug 27, 2017
994 postów
May 11, 2021 at 09:39
Uczestnik z Aug 27, 2017
994 postów
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.
Uczestnik z Apr 01, 2020
231 postów
May 11, 2021 at 10:21
Uczestnik z Apr 01, 2020
231 postów
Losses are part of Forex trading but how can we minimize them?
Uczestnik z Apr 21, 2021
12 postów
May 11, 2021 at 10:27
Uczestnik z Apr 21, 2021
12 postów
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.
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.
Uczestnik z Sep 12, 2017
238 postów
May 11, 2021 at 15:06
Uczestnik z Sep 12, 2017
238 postów
no doubt losses are part of the trading. one should never think about win always
Uczestnik z Apr 15, 2020
219 postów
May 12, 2021 at 07:14
Uczestnik z Apr 15, 2020
219 postów
Adribaasmet posted: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.
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.
The more your practice, the more you learn.
Uczestnik z Apr 14, 2021
9 postów
Uczestnik z Apr 03, 2021
470 postów
May 12, 2021 at 19:52
Uczestnik z Apr 03, 2021
470 postów
Loss sometimes inevitable, this is part in trading forex, sometimes get margin call account also possible when always trade make the wrong decision, if trader can't accept loss as part in forex trading., hence this, not suit and forex not their place
Uczestnik z Jun 08, 2014
120 postów
May 12, 2021 at 22:58
Uczestnik z Jun 08, 2014
120 postów
Losses are something to do with the risk management or money management . Losses don't relate to the strategy based on my 11 years experience from trading forex . Always think about risks when opening any trades , have a plan how much you are going to lose rather than how much you are going to win .
Often , the best trade is no trade at all
Uczestnik z Mar 16, 2021
477 postów
May 12, 2021 at 23:32
Uczestnik z Mar 16, 2021
477 postów
Loss is a part of trading. So if you want to cover this loss, you should maintain a risk ratio and plan.
Uczestnik z Dec 05, 2020
81 postów
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