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How do you handle your losses?

Discussion in 'Beginners Bootcamp' started by Rambo35, Dec 18, 2013.

  1. Enayess

    Enayess Private, 1st Class

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    How do I handle them ? I am not sure. You really to put some budget aside for your forex trading and that's really it. I am all for win, but sometimes circumstances are just much bigger than you. So better to be prepared emotionally as well for sure.
     
  2. bigdolly

    bigdolly Sergeant Major

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    I set tight stop losses and trailing stops on my Hotforex MT4 platform and also don't risk more than 2% from equity per trade.
     
  3. Purekiller

    Purekiller Recruit

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    Losses are part and parcel of every trader's journey in the forex market and in every other trade. How we handle our losses is what differs. It is wise for a trader to learn from past mistakes and not trade out of emotions. Do not trade in revenge to recover your losses coz you'll end up losing even more
     

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