When loss occurs

Only practice and experience will make it possible to get away from losses and come out on a good and stable income.

Most people get restless if they lose any trade. Out of this restlessness they take revenge trade. They want to recover it quickly. Most of the time revenge trades bring more loss. We need to remain calm and wait for opportunity.

UweMoench posted:
Most people get restless if they lose any trade. Out of this restlessness they take revenge trade. They want to recover it quickly. Most of the time revenge trades bring more loss. We need to remain calm and wait for opportunity.

I think they don't know that loss is the common thing in this market.

UweMoench posted:
Most people get restless if they lose any trade. Out of this restlessness they take revenge trade. They want to recover it quickly. Most of the time revenge trades bring more loss. We need to remain calm and wait for opportunity.

Totally. Losing trades often lead to that feeling and hence leads to revenge trading which also results in more losses. At the end of the day the game is all about who's more stable and patient in thoughts. You cant succeed if you let emotions take a toll on you. Accept that losses are bound to happen but we just have to reduce their occurrences with time and skill

writely said, when in losses one needs to calm down and wait for the next right opportunity, not just thinking to recover the losses but to earn something with positivity

It is important to make the journal to note down the losses made so that you can get to know better on how to avoid such losses in future. I always do this and it helps me to realize what mistakes I made before and also made me improve for the next trading.

we loss here first of all lack of knowledge and second one is lack of good broker which has a reliable support with security of funds.

first_time posted:
It is important to make the journal to note down the losses made so that you can get to know better on how to avoid such losses in future. I always do this and it helps me to realize what mistakes I made before and also made me improve for the next trading.

Yes, I have to observe Mistake. And by learning from Mistakes, I have to develop skills in trading.

Beagelv posted:
Only practice and experience will make it possible to get away from losses and come out on a good and stable income.

Yes, you are right. Patience and knowledge are required to refrain from loss.

when losses occur one needs to be patient and look for opportunities

Losses can't be ignored but you must trade with keeping risks low with proper stop losses.

Often losses occur due to the fact that we have little experience and do not know how to fully control our emotions.

Losses are inevitable, however one should try and keep calm. I know how it feels to lose money and its definitely easier said than done but you get to learn a lot from your mistakes. My advice would be to thoroughly journal your trades , so that you have a record and you can go back and have a look to realize where you made a mistake.

there is no one who can reduce loss in spite of having good knowledge and experience , so we the traders first of all have to make sure the ability how to take losses easily.

To trade on forex, one need proper knowledge of how forex works, forces that drives quotes and how to read charts by applying proper tools and indicators.

Beagelv posted:
Only practice and experience will make it possible to get away from losses and come out on a good and stable income.

Yes, you are right, only knowledge and practice can keep you away from loss.

Losses are part of forex trading. So, just accept those losses, learn from them and never repeat the same mistakes again.

so many bad trading habits that always kills our trading positive result , from all i most hate the over trading , its a trap to fall a loss , nothing without it.

Loss is inevitable part of forex trading, we must learn to manage trades and execute it according to the results that we got after back- testing of strategies.