DO you get scared over drawdowns?

Apr 06, 2022 at 06:20
1,277Lượt xem
31 Replies
Tham gia từ Apr 14, 2022   34bài viết
Sep 03, 2022 at 08:54
Marcolis posted:
Neglecting demo trading means causing harms to you. Demo trading helps traders develop inner trading qualities and understand the market environment well.
Agreed! Demo trading is very important to know the forex market well in order to sustain in the market for a longer period.
Tham gia từ Aug 17, 2022   80bài viết
Sep 05, 2022 at 10:53
One should always be prepared for facing tough situations in trading, and some of these points might help during drawdowns :
1.Be prepared to experience larger drawdowns in trading so your mind is prepared and there is no sudden shock, one should always keep possibilities.
2.Reduce risk by trading smaller when you're in a drawdown.
3.Put your trades on hold until you reach the point where you will stop, and don't worry about the drawdown until you reach that point.
Tham gia từ Apr 05, 2021   29bài viết
Sep 05, 2022 at 14:14
Knowing where to get out when you get in and understanding market behavior usually calms the fear caused by DD...
Ask, and you will receive; seek, and you will find; knock, and it will be opened to you.
Tham gia từ Jul 26, 2022   49bài viết
Sep 07, 2022 at 12:00
Fear of drawdown is normal, but the important thing is whether you can manage it and ultimately make profits.
Tham gia từ Aug 17, 2022   39bài viết
Sep 08, 2022 at 11:09
I do get scared of drawdowns but I think that risk works as a great motivation for me to trade with full concentration and dedication.
Tham gia từ Apr 04, 2022   23bài viết
Sep 09, 2022 at 10:53
I recently reduced my maximum risk to 8% and now I don't hold trades below 8% drawdown. I realized that even 2% is a huge difference and trading has changed. I began to pay more attention to risks. Thus, if you consider drawdown as an instrument, then fear turns into a routine.
A falling leaf does not try to influence the wind, it enjoys flying.
Tham gia từ Mar 13, 2018   1bài viết
Sep 09, 2022 at 11:05
Profit of five pips a day will keep the doctor away!
Tham gia từ Feb 15, 2022   219bài viết
Sep 18, 2022 at 10:12
It is the largest money market in the world where a broker serves a trader with all necessary facilities. Select a regulated broker so you can get support.
Tham gia từ Feb 16, 2022   67bài viết
Sep 19, 2022 at 06:24
Practicing more and more and earning knowledge have no substitute to self-development. There is necessity for learning as much as possible and internet has made the learning process easier.
Tham gia từ Sep 06, 2022   26bài viết
Sep 22, 2022 at 07:24
I think everyone experiences some level of fear or anxiety during a drawdown. For me, it's usually a mix of both. I get scared because I don't want to lose money, but I also get anxious because I want to make sure I'm doing everything I can to protect my capital.

The key, I think, is to have a plan in place before the drawdown happens. That way, you know what you need to do and you can focus on executing that plan. And ya, it's important to keep a cool head and not make any rash decisions. Always remember that a drawdown is temporary and the market will eventually recover.
Tham gia từ Feb 16, 2022   119bài viết
Sep 29, 2022 at 19:11
To conquer Forex trading, traders have to continue learning patiently. Don’t jump into live trading with earning knowledge and skill by trading on demo account
Tham gia từ Sep 02, 2022   75bài viết
Sep 30, 2022 at 10:08
It takes much time and comes with high trading risk. But they don’t know that it is the professional type of trading.
Đăng nhập / Đăng ký to comment
You must be connected to Myfxbook in order to leave a comment
*Nghiêm cấm sử dụng cho mục đích thương mại và spam, nếu vi phạm có thể dẫn đến việc chấm dứt tài khoản.
Mẹo: Đăng ảnh/url youtube sẽ tự động được nhúng vào bài viết của bạn!
Mẹo: Dùng @ để tự động điền tên người dùng tham gia vào cuộc thảo luận này.