Dealing with loss

[Eduardo Lucchese]

If you want to become successful in this market, you have to deal with the losses properly.

 

[Kazumu Fukunaga]

If you want to become successful in this market, you have to deal with the losses properly.

Successful people deserve respect. They have earned it with their work. But a people can be famous for wrong reason as well.

 

[Congenerr]

In a financial market such as forex, it is impossible to avoid losses. However, traders should take it as an opportunity and do their best to learn from their losses. The best way to do that is to backtest your trading strategies, so you can correct your mistakes and strategize better. Traders should also keep a trading journal to keep track of their trades so that they plan better for future trades.

 

[Alicia Lynch]

This is the emotional effect. When a trader makes a consistent loss, if he cannot deal with the loss, he may lose the investment and will not be able to succeed in trading

 

[FXOpen Trader]

This is the emotional effect. When a trader makes a consistent loss, if he cannot deal with the loss, he may lose the investment and will not be able to succeed in trading

In the business of Forex trading we will need to learn how we are going to manage the Emotions while doing our trades and try to bring them down.

 

[Alicia Lynch]

In the business of Forex trading we will need to learn how we are going to manage the Emotions while doing our trades and try to bring them down.

It is very important to deal with the loss. If the trader can accept the loss, he will never be able to make a profit. And it can be a part of emotional trading. If you do not trade positively with the loss close, the investment will be lost.

 

[fxgeek]

Losses can act as catalyst that can push traders into making more trades to bounce back but happens opposite. The very first thing is to control yourself and do not overtrade. Always open a position once you know how much this pair can go against you. Anticipating losses is as imortant as forecasting your take profit zone. Always remember market is more confident than you, it can can put you in your place when you make overconfident trades.

 

[FXOpen Trader]

Losses can act as catalyst that can push traders into making more trades to bounce back but happens opposite. The very first thing is to control yourself and do not overtrade. Always open a position once you know how much this pair can go against you. Anticipating losses is as imortant as forecasting your take profit zone. Always remember market is more confident than you, it can can put you in your place when you make overconfident trades.

We should try to minimize the losses in our trades so that the income we are getting will get increased.

 

[Gito Dinev]

Losses occur to all market participants and one cannot learn to make money in the market without learning to manage losses.

 

[Mark Dahl]

Losses are less expensive than the expectations and dreams of most traders. If you can't think about it, how do you make money.

 

[Faal]

traders should accept losses with cool mind. there is no way to avoid loss. so of course first of all we have to make sure good maturity.

 

[FXOpen Trader]

traders should accept losses with cool mind. there is no way to avoid loss. so of course first of all we have to make sure good maturity.

We will have to understand that we need to start limiting the losses in doing our trades.

 

[Cedric Fenech]

We keep focusing on profits while learning, practising, and actually trading. We are so influenced by profitable trades that we overlook the fact that losses are unavoidable. In fact, they are more common than profits. While we build a strategy for making profits, we must also build a strategy that would help in mitigating losses.

 

[FXOpen Trader]

We keep focusing on profits while learning, practising, and actually trading. We are so influenced by profitable trades that we overlook the fact that losses are unavoidable. In fact, they are more common than profits. While we build a strategy for making profits, we must also build a strategy that would help in mitigating losses.

If the losses we are getting from our trades are limited then the profits will become more for us.

 

[SaadBinToha]

We should know that many traders around the global are investing big but their return is zero. You have to make sure one thing that you are satisfied with the amount you are earning.

 

[Aaron_0]

When traders have enough knowledge, it accumulates confidence in them. So, traders should never compromise with knowledge acquiring.

 

[Ethan]

We have developed a mindset that practice kills our time and energy so we can’t measure its value. So, we have to come out of this thought to become successful from forex trading.

 

[SaadBinToha]

In financial market, there are both ups and downs. So, it’s impossible to go ahead in Forex without suffering losses.