Losses are part of trading

FriendlyFX

Sergeant
Messages
161
Even when you pick a near perfect setup
Lines up TA with Fundamentals, price ralkys away it can come back and hit your SL .
This is natural part of the process but with good money management you will be OK. Mastering your mindset is tough
 
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Luke_D

Private, 1st Class
Messages
53
Losses are definitely a part of trading and also a lesson on to improve in future. Losses reminds you not to repeat the mistake again so that you can improve the next time you trade.
 
Messages
266
Absolutely. Some go broke trying to avoid them. Once you have proper risk management you can survive them losses and then you can push on to bigger and better things. I am now comfortable with losses but it took a while for sure
 

MoveEpic

Private
Messages
27
Absolutely. Some go broke trying to avoid them. Once you have proper risk management you can survive them losses and then you can push on to bigger and better things. I am now comfortable with losses but it took a while for sure
It is better to get comfortable with losses since the forex market is highly volatile and you can never know what will happen next.
 

Gazel

Recruit
Messages
16
This statement is impossible to disagree with.
It should be stated that nobody can predict the market all the time, there is always some sort of uncertainty on the market which always bring the traders the losses. You cannot get rid of it or predict every move of the prices of assets, but what makes good trader differ from the bad one is the ability to secure the risks. Professional traders know that every deal might go wrong and there is always a chance of a failure, that is why they secure their risks by following risk and money management principles. It is of utmost importance to bear in mind the fact that in spite of the market analysis and signals which are provided by the indicators, there are certain chances that your deal will not bring you the profits. This thing makes the whole trading unpredictable and impossible to create an algorithm which will predict the market with 100% accuracy.
 

bigdolly

2nd Lieutenant
Messages
1,194
Exactly profit and loss are part of trading. It all depends how you manage them and control all your emotions.
 

fxoday

Recruit
Messages
583
Exactly profit and loss are part of trading. It all depends how you manage them and control all your emotions.
Yes, it's a common thing in forex trading, here is about how to manage money to make money, the loss is part of trading, but as traders, they need to always make a good plan to manage the risk, avoid big losses in single trades and use risk-reward ratio is better than pursue win rate ratio.
 

MoveEpic

Private
Messages
27
Yes, it's a common thing in forex trading, here is about how to manage money to make money, the loss is part of trading, but as traders, they need to always make a good plan to manage the risk, avoid big losses in single trades and use risk-reward ratio is better than pursue win rate ratio.
Exactly, losses are definitely a part of trading but proper knowledge and a proper risk management plan can help in minimizing that.
 
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