Are you loosing money in forex?

Sep 18, 2016 at 07:07
Przeglądane 2,780
60 Replies
Uczestnik z Oct 08, 2015   35 postów
Nov 04, 2016 at 09:04
In football goalies often say - 'you have to admit that sooner or later you will concede, so learn to live with it'. It seems to be the same in fx but don't get the loss blind you or mess your mind! Or you never be successful...
Trading is like football - if you don't practice you can't win the game!
Uczestnik z Apr 17, 2015   64 postów
Nov 09, 2016 at 11:14
I lost as well at the beginning but as other said - patience is important and constant learning 😄
Knowledge is king!
Uczestnik z Nov 13, 2015   35 postów
Nov 22, 2016 at 15:58
TiffanyK posted:
You know what they say – “Loosing is the first step to winning”

I would add - don't laugh when someone is taking a step back as he is maybe getting ready for a sprint. 😄 Every lesson learnt from a loss will give you acceleration.
A knight's tale!
Uczestnik z Mar 25, 2015   71 postów
Nov 23, 2016 at 09:33
I am losing most of the times these days but try to stay focused and improve my market analysis skills so that in the end all goes back to positive and profits.
Uczestnik z Mar 25, 2015   71 postów
Nov 23, 2016 at 09:34
AlGauthier posted:
I would add - don't laugh when someone is taking a step back as he is maybe getting ready for a sprint. 😄 Every lesson learnt from a loss will give you acceleration.

@AlGauthier I hope you are right because I am in a hard period right now!
Uczestnik z Mar 26, 2015   47 postów
Nov 23, 2016 at 12:04
GFernandez78 posted:
In football goalies often say - 'you have to admit that sooner or later you will concede, so learn to live with it'. It seems to be the same in fx but don't get the loss blind you or mess your mind! Or you never be successful...

Good point Gabriel, very good comparison concerning also the psychology aspect.
Trade fast, learn fast, never regret!
Uczestnik z Oct 08, 2015   35 postów
Nov 23, 2016 at 15:45
ben08in posted:
GFernandez78 posted:
In football goalies often say - 'you have to admit that sooner or later you will concede, so learn to live with it'. It seems to be the same in fx but don't get the loss blind you or mess your mind! Or you never be successful...

Good point Gabriel, very good comparison concerning also the psychology aspect.

Thanks Ben, I find a lot of similarities between sport and trading.
Trading is like football - if you don't practice you can't win the game!
Uczestnik z Jan 14, 2014   386 postów
Nov 24, 2016 at 03:37
Uczestnik z Oct 01, 2015   47 postów
Nov 24, 2016 at 09:58
ProTradersGroup posted:
If you are loosing money in forex you'd like to read this: https://www.myfxbook.com/community/experienced-traders/c%E1%BB%99ng-%C4%91%E1%BB%93ng-vi%E1%BB%87t-traders/717962,51

Good luck!

Sorry, I don't get your point referring to your own thread in this discussion...
Uczestnik z Apr 17, 2015   64 postów
Nov 24, 2016 at 13:28
NEEnah posted:
I am losing most of the times these days but try to stay focused and improve my market analysis skills so that in the end all goes back to positive and profits.

Keep learning and one day you will become successful. As you said - remaining focused is important but also having a solid plan and clear strategy what you like to achieve. 😄
Knowledge is king!
Uczestnik z Mar 25, 2015   71 postów
Nov 27, 2016 at 07:42
RPatell posted:
NEEnah posted:
I am losing most of the times these days but try to stay focused and improve my market analysis skills so that in the end all goes back to positive and profits.

Keep learning and one day you will become successful. As you said - remaining focused is important but also having a solid plan and clear strategy what you like to achieve. 😄

Thanks Raj! I try to do my best! 😄
Uczestnik z Jan 30, 2017   12 postów
Feb 03, 2017 at 12:00
I am trading on my Forex demo account with $10,000 equity and have trades on GBP & AUD. I am losing almost $2500 with these trades. I am scared if I go live, I will lose big time. I am not a short term trader. I keep trades for long term and the current loses are scaring me. I really want expert’s opinion. Please help.
Uczestnik z Feb 22, 2011   4862 postów
Feb 03, 2017 at 12:07 (edytowane Feb 03, 2017 at 12:07)
Darren72 posted:
I am trading on my Forex demo account with $10,000 equity and have trades on GBP & AUD. I am losing almost $2500 with these trades. I am scared if I go live, I will lose big time. I am not a short term trader. I keep trades for long term and the current loses are scaring me. I really want expert’s opinion. Please help.

It would be much helpful for analyses to share your system you know :)
Uczestnik z Feb 04, 2017   40 postów
Feb 05, 2017 at 08:20
I lost more than 10% last month. One of my FB friend referred me to Myfxbook to follow someone experienced. I surf few profile (mostly who has higher profit in %) who has real account portfolio here. I found the system/traders has lower fund but higher growth in percentage! They can take high leverage and get lucky! So, I want to find someone who has fund more than 10K in real account and having good track record.
Can anyone help me to find the right person here? Oh! I have seen Major Big brokers logo here. I am trading with Hanseatic Broker, would that be a problem to copy the trades?
Helping new traders
Uczestnik z Mar 25, 2015   71 postów
Feb 09, 2017 at 10:58
kerstin71 posted:
I have seen Major Big brokers logo here. I am trading with Hanseatic Broker, would that be a problem to copy the trades?

I don't think it should be a problem as you can copy whoever you like I believe.
Uczestnik z Jan 31, 2017   30 postów
Feb 20, 2017 at 12:25
Losses are part of game and are related to every business. Everyone lose at some point or the other. The fact is how quickly one recovers from those losses and builds gains again. Just don’t get your loss get over your mind and destroy your mindset.
Uczestnik z Aug 06, 2015   17 postów
Feb 20, 2017 at 15:49
I also think that with trading there is always periods with a loss, small or big but the loss exists in our records.
Uczestnik z Feb 22, 2011   4862 postów
Feb 20, 2017 at 16:17
hjacob posted:
Losses are part of game and are related to every business. Everyone lose at some point or the other. The fact is how quickly one recovers from those losses and builds gains again. Just don’t get your loss get over your mind and destroy your mindset.

There is a saying to cut loosing trades soon and let profitable trades grow.
The thing is how can you distinguish loosing and profitable? Of course you see trade is in profit or not bu just a bit later it profitable trade can change to unprofitable and vice versa.
Uczestnik z Sep 12, 2015   1948 postów
Feb 20, 2017 at 16:35
You can check the trend on the longer period charts, if your familiar with the pair you will have a rough idea how much it is likely to pull back, if it has been bullish all morning its more likely that it will turn bearish soon, buyers have to be sellers at some stage, change of news or data, have certain levels been tested over a short period of time.
"They mistook leverage with genius".
rob559
forex_trader_29148
Uczestnik z Feb 11, 2011   1916 postów
Feb 21, 2017 at 07:36
one thing that the winners of today in forex trading have in commun, they were all losers of yesteday
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