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Loss
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Adribaasmet

Medlem sedan Aug 27, 2017  864 poster Adribaasmet May 28 2018 at 05:42
Mohammadi posted:
If any newcomer lose money by overtrading or others immature trading activates there is no possibility to come out from losses. Both of traders lose from here , but the different is the newcomer who got learning Forex he can take a lesion from losses but who losses by trading at random he got nothing. So, after learning don’t frustrated by your lose. It’s a path to learn your more


Motivational. Thank you! But I see, there have only few traders who have patience enough. A number of them are very hurry.

Mohammadi

Medlem sedan Aug 11, 2017  791 poster Mohammadi May 29 2018 at 10:40
We generally know about the importance of Stop Loss, its common but don’t know when it is more appropriate to use above all the beginner traders. When was a newbie I lost my whole amount due to not using SL and after that I have been using this trading approach till even though sometimes I get more confident about the real faction of this Market.

BaldoN

Medlem sedan Feb 12, 2016  522 poster Baldo (BaldoN) May 30 2018 at 13:44
Stop loss is important - the re is no doubt, but what is also very important here to place the stop on correct place. :)

Adribaasmet

Medlem sedan Aug 27, 2017  864 poster Adribaasmet Jun 03 2018 at 12:24
BaldoN posted:
Stop loss is important - the re is no doubt, but what is also very important here to place the stop on correct place. :)


Yes, it’s always important & in this case, support & resistant levels help me a lot.

Mohammadi

Medlem sedan Aug 11, 2017  791 poster Mohammadi Jun 04 2018 at 11:05
There is nobody who is able to reduce loss completely from this volatile trading place, but taking some major steps it can be reduced sometimes. If we can manage our risk when trading practically then it is possible to reduce loss form before. So, we have to emphasis on risk management policy besides acquiring good trading knowledge.

Mohammadi

Medlem sedan Aug 11, 2017  791 poster Mohammadi Jun 06 2018 at 10:20
Almost 90% beginners are loser from this trading place due to only lack of most accurate money management plan, basically they only emphasis on acquiring good trading knowledge and always ignore other inevitable parts . as a result they become loser. So besides good trading knowledge we the beginners have to ensure how to manage money in Forex.

TiffanyK

Medlem sedan Feb 12, 2016  427 poster Tiffany (TiffanyK) Jun 06 2018 at 14:16
Mohammadi posted:
Almost 90% beginners are loser from this trading place due to only lack of most accurate money management plan, basically they only emphasis on acquiring good trading knowledge and always ignore other inevitable parts . as a result they become loser. So besides good trading knowledge we the beginners have to ensure how to manage money in Forex.

Fair enough, It is absolutely normal not to have any accurate management plan at some point when you are a beginner. Bad experience is also an experience. The point is to learn from your bad experience and take your lesson.

Accept the loss as experience
DukeMark

Medlem sedan May 11, 2018  16 poster DukeMark Jun 22 2018 at 07:26
Loss is something special. If there isn't any, then there may be laziness, or poor management (no risk), no happiness for gain, or no real experience. But it does not exist, every one of us face losses. We are something greater than robot.

StanfordB

Medlem sedan Jun 14, 2018  10 poster StanfordB Jun 22 2018 at 09:11
Very philosophical. I will try to remember that next time I get a few losing trades

Mohammadi

Medlem sedan Aug 11, 2017  791 poster Mohammadi Jun 26 2018 at 11:38
Even though so many traders always emphasis on acquiring good trading knowledge but I don’t. Because, according to me despite of having most powerful analyzing trade knowledge that’s not possible at all to lead a healthy trading life with certainly, as a result the broker can affects the result of our trading with certainly. So when choosing a broker we have to be more careful.

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.