Losses are part of trading

fxoday

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496
Loss is part of trading, yes, I think no perfect trader, although already having long time experience, but the loss still may occur because the market move very dynamic, trading forex is about how to manage money to make money, its need special skill to become successful traders.
 
Messages
121
Loss is part of trading, yes, I think no perfect trader, although already having long time experience, but the loss still may occur because the market move very dynamic, trading forex is about how to manage money to make money, its need special skill to become successful traders.
Yes, undestanding that losses are a normal part of trading is very important. But it's also key to understand that to some extent, we can manage our risks and thus we can have some control over how much we lose.
 

Charlieboy885

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87
So true, you have to have losses in order to be able to learn. Also, if the market was perfect to read then everyone would be doing it. There's only so much analysis you can do, you will always have some losses. The important thing is to work with a stop loss and keep a tight risk management strategy.
 

fxoday

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496
Yes, start from loss then we can learn to evaluate, forex trading like art business, a trader can try to experiment trading with strict stop loss and learn how to put the best entries, or wider stop loss to give a moving room of the price to hit the target first, its need to time to process.
 

holycow

Master Sergeant
Messages
314
Losses do occurs in traders life however those who let go off these losses eventually become successful in future. We can also minimize our risks by taking calculated moves, trading demo in start to learn how the forex market works. The best part in demo trading is that if you lose you actually lose nothing but learn experience from your mistakes.
 

Etedus12

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198
That is absolutely true. There is no chance of avoiding ane losses during trading. Some of them happen because of the trader and his mistakes or psychology, but some of the losses take place because of some news or something else. So, more often than not, a trader can do everything right but he may still fail because of the fact that the market is unpredictable and illogical.
 

FxProTrader

Private, 1st Class
Messages
55
That is absolutely true. There is no chance of avoiding ane losses during trading. Some of them happen because of the trader and his mistakes or psychology, but some of the losses take place because of some news or something else. So, more often than not, a trader can do everything right but he may still fail because of the fact that the market is unpredictable and illogical.
Many of the Forex traders will say that they are only making the profits but that is not True.
Every trader who is in the Forex markets will also be making the losses in his trades.
What determines a profitable trader from a loss making trader is how much Net Profits and the Net Losses you are actually making.
 
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