What is your longest streaks of loss trade?

[iMusingKiMi]

I don't have any accurate memory about this losing streak but it was a long one before I started to gain properly from trading market. Over all my winning rate is above 65% these days.

65% could consider a good figures as well. Many people doesn't record their loss of trades, but I think it is quite important as well. This is because strategies produce a series of trade instead of a single trade.

 

[MaksiGr]

What your lot sizes to loss of USD 700. If 1 std lot, 700 are still acceptable. But if 0.10 STD lots, then it might be worst mate.

0.4 - 0.6

+/- means both losses and profits right ??

It means plus/minus, not exact amount, approximate

 

[iMusingKiMi]

0.4 - 0.6



It means plus/minus, not exact amount, approximate

It is still consider healthy trading I think. If on average 0.5 per trade, it means about 140 pips loss. So if divided at 140/8, it means your SL about less than 20 pips. Consider good strategy in my opinion.

 

[bigdolly]

It is still consider healthy trading I think. If on average 0.5 per trade, it means about 140 pips loss. So if divided at 140/8, it means your SL about less than 20 pips. Consider good strategy in my opinion.

Wish I could have less than 20 pips SL and instant execution, but probably only market makers can boast with it currently..

 

[HotIce]

3 losses in a row. It is because I trade different pairs and other CFD's for risk diversification. It is important part of money management where I devote a lot of time to take it in. Focusing on one asset contradicts the principle of risk mitigation in trading, so think about it.

Honestly 3 losses in a row is hardly a losing streak. As mention by above person where he lost 700 USD, that was surely the horrible thing. My personal record is very much near that mark. I also have lost around this 700-800 USD almost 1 year back it was with 4 losses in a row and after that I took almost 1-2 months break from trading and now I learned that no matter how big the winning or losing streak is if we are to survive then money management is the way to go.

 

[downtrend]

Before I have started making regular profits from trading there wasn't any losing trades, there was many losing months . But after I've worked out a good strategy, losing some odd 3 - 4 trades in a row is not a big deal any more.

 

[OlafYom]

Once I had a month loss streak after the going live from demo.

 

[victoriajensen]

The longest was around 4-5 losses in a row. I generally try to just stop trading for a few days when something like this happens, it helps me clear my head.