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Losses are a part of trading

Michihito
Mar 02 at 11:38
298 poster
Losses are a part of trading forex. We must understand that and accept that so we don't get disappointed but if we learn to control losses and money management we will not lose that much. losing 10 pips is better than 100 pips and that is my opinion so I always use stop loss to make sure I don't lose that much. We also will always have market turning against us so its wise to take profit when we can.

UweMoench
Mar 02 at 12:29
412 poster
No matter what, loss will always be there in forex trading because this market is bound to loss and that is why we must work hard just to ensure that we eradicate part of the loss because we can never get rid of such loss but to minimize it.

SofieAndreasen
Mar 02 at 12:39
441 poster
There is no risk-free investment. Loss is common in the trading market.

Damayanti
Mar 02 at 12:51
15 poster
SofieAndreasen posted:
There is no risk-free investment. Loss is common in the trading market.

YOU ARE RIGHT

ramirokeller
Mar 06 at 05:54
17 poster
SofieAndreasen posted:
There is no risk-free investment. Loss is common in the trading market.

Every investment is full of losses and the degree of risk might vary but ultimately it remains as long as you’re investing.

Mikehamilton
Mar 08 at 07:50
33 poster
ramirokeller posted:
SofieAndreasen posted:
There is no risk-free investment. Loss is common in the trading market.

Every investment is full of losses and the degree of risk might vary but ultimately it remains as long as you’re investing.

I agree! I try to focus on my risk reward ratio and manage it properly so that I don’t end up losing so much. How much do you risk?

ramirokeller
Mar 09 at 05:38
17 poster
Mikehamilton posted:
ramirokeller posted:
SofieAndreasen posted:
There is no risk-free investment. Loss is common in the trading market.

Every investment is full of losses and the degree of risk might vary but ultimately it remains as long as you’re investing.

I agree! I try to focus on my risk reward ratio and manage it properly so that I don’t end up losing so much. How much do you risk?

I don’t risk more than 2 or 3% of my total trade. Works for me.

Mikehamilton
Mar 09 at 07:33
33 poster
That’s right. All we can do is use effective risk management to minimise our losses otherwise there will always be some risk with investments. Like I recently lowered my leverage on a trade or it would have ruined my profits. For brokers I used Etoro since the commissions and spreads are low and that saves some of my money.

AliaDare
Mar 10 at 01:05
459 poster
You have to learn a lot from the loss. There will be losses in forex trading, but to manage these losses, you need to create a trading strategy with a positive mindset.

forexminded
Mar 11 at 09:02
35 poster
How do you guys set the risk-reward ratio for your trades?

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