How do you handle your losses?

[Ken Smith]

If we follow good advice on trading, cut your loss early and let your profit run this is good to making profit maximum, but sometime as trader rush if look profit floating on several pips hence making them hurry to cut small profit, but when look floating loss wider they let order opened with expectation will back to early track and this is also mistake in trading

Dealing with loss is only possible when you know how to recover it without being desperate. That's why risk reward ratio and winning ratio is important. Trading is a probability game. In some cases you will loss but if you know your risk reward ratio and winning odds, you won't feel that much bad. It takes time to learn and that we are not ready to give. We are in hurry.

 

[alaska27]

In market if you think that you never face a loss in your whole life than you will have to quit trading because there is also chances of loss in the forex market but you have to turn your loss in profit with the great strategy which you make and you must have to keep patience while trading.

 

[Morten]

Loses are not easy to handle. They test the character and will-power of a man. You must remember that it is not the end of the world. You need to bounce back and realize the mistakes you have made. Crying is not the answer to your problems.

 

[TrapLok]

Losing is part of life. You will also face losses in forex trading, The most important thing to remember that it is no the end of the world. Take those losses as learning steps. Don't be dishearted from the failures. Ultimately, they will help you become an excellent trader.

 

[maria_taylor]

Loses are not easy to handle. They test the character and will-power of a man. You must remember that it is not the end of the world. You need to bounce back and realize the mistakes you have made. Crying is not the answer to your problems.

Well said, i completely agree with you, analyze your mistakes after making losses and bounce back with better strategies and more understanding and try to recover your loss.

 

[Desacete]

Many traders try to overcome the losses quickly and make a mistake of trading with double lot sizes which ruin their account. You have to learn from your lost trades in order to stay safe next time. Loss is the bad fact on the Forex market but planning can overcome these small losses. Stay sharp!

 

[TrapLok]

Your patience and attitude counts when you lose a trade on the Forex market. If you stay on the plan of money management then you can handle your losses in a best way. You need to learn from every mistake here in order to get profit. Stay compact and keep your posture guys!

 

[Morten]

I know it is not easy to handle your losses. I just think about the positive aspects of the losses. You need to remember that it is not the end of the world. You will bounce back from the losses and you will one day be glad that they occured.

 

[EURUSD]

I know it is not easy to handle your losses. I just think about the positive aspects of the losses. You need to remember that it is not the end of the world. You will bounce back from the losses and you will one day be glad that they occured.

Yes, profit and loss will always be recycling, today might we getting a loss on our trades, but who are known on a future day we will be getting the higher profit, I think we also need good mindset to develop our better psychology, loss is something that not should to avoided but we learn how to minimized

 

[Desacete]

It's quite difficult to manage losses, especially when you've only started trading. It's important to prepare yourself correctly psychologically-wise, it helps a lot. It's also better not to get upset but instead work on your mistakes and draw conclusions.