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Occasional losses are a part of forex trading. Its the cost of doing forex trading. You cannot save yourself from them. But what you can do is to contain them so whenever you lose, you lose a reasonable amount of money from your account.
Yes loss is part in trading and sometime inevitable, and if we facing with loss hence as we can possible to always control our emotion because often after loss then leading trader being emotion and will harmful account if then want to revenge
Yes I don’t support earning first of all without learning. I think it is better if we choose the trading platform which for all time make sure best trading environment for acquiring proper trading knowledge by providing exclusive educational facilities which is really supportive to acquire exact market principle very rapidly.
A famous saying says difficult strikes us when we least expect them. This can apply in Forex trading and many times when we are quite sure of a particular trend in the market it moves the other way and we incur losses.
Market is very uncertain and unpredictable and even if all charts and indicators predict one thing market can behave in another way. This is the reason why stop loss is such an important tool for traders.It can save us from big losses. Without proper knowledge of money management and risk control it is not possible to survive in the Forex business.
Exactly, that’s why we traders nee to use stop loss trading tool; Forex is all about probability.One think is a guarantee in forex trading that there will always be losers in it. Losing is not an option in forex market. It is such a complicated place that people will lose their investment. Forex market is an unpredictable place.
Well said! Learning from own trading mistakes is the best practice. By the way, what was your main trading mistake that you have improved already?Abilities need to be developed so that foreign currency exchange traders can recognize the potential risks of trading. Exclusive of any basic dispute, losses are inevitable part of every trader’s life and thereby a trader must build up the indispensable outlook to bear the risks. However, only forbearance is not sufficient. Every trader needs to learn from his mistakes so that he won’t repeat the whole process of making mistakes again and again.