Fin_Trader Posted April 18 Share Posted April 18 Yes, every trader can have losing trades. But we can control trading risks to minimize these losses. And if your trading strategy gives more correct signals, then in general your trading will be profitable. Non-trading risks can and should also be controlled by choosing a broker with a positive reputation, low commissions and spreads, and ultra-fast execution through a wide range of liquidity providers, such as in fxopen - then your investments will be safer and trading will be more comfortable. Link to comment Share on other sites More sharing options...
Nilde Lucchese Posted April 21 Share Posted April 21 Losses is a very common scenario in Forex market. Remove the fear of losing capital from your mind because it works as a hurdle. Apply your strategies on demo account first before following them on real account. Link to comment Share on other sites More sharing options...
Hanan Öberg Posted April 21 Share Posted April 21 Loss is a part of every business and in forex, it is so frequent. Some traders have the sustaining power whereas some others don’t have. To thrive in Forex, traders must have high sustaining power. Link to comment Share on other sites More sharing options...
maspluto Posted April 22 Share Posted April 22 Losses are common in forex, as in every trade there will inevitably be losses. That's why attention is given to risk management, so that one can have a better understanding and effectively manage risks with Tickmill broker. Link to comment Share on other sites More sharing options...
skrimon Posted April 25 Share Posted April 25 On 4/21/2024 at 4:45 PM, Hanan Öberg said: Loss is a part of every business and in forex, it is so frequent. Some traders have the sustaining power whereas some others don’t have. To thrive in Forex, traders must have high sustaining power. You're right, accepting losses is crucial in forex. Beyond financial resources, do you think a trader's mental fortitude also plays a role in sustaining power? The ability to learn from losses and adjust strategies can be just as important as capital reserves. Link to comment Share on other sites More sharing options...
Nilde Lucchese Posted April 28 Share Posted April 28 Losses are indeed a natural part of forex trading. Even the most successful traders experience losses from time to time. It's essential for traders to accept and manage losses effectively as part of the trading process. By implementing proper risk management strategies, traders can minimize losses and protect their capital in the long run. Link to comment Share on other sites More sharing options...
maspluto Posted April 29 Share Posted April 29 Loss is a common occurrence in every trade, including in forex trading. The most important thing is for traders not to give up easily and to conduct evaluations, so that they can improve their mistakes and hone their skills regularly. With this approach, they can trade optimally with Tickmill broker in the future. Link to comment Share on other sites More sharing options...
Hanan Öberg Posted June 12 Share Posted June 12 Thinking losses to be an enemy is a mistake for traders because loss is a common part of business that we highly experience in forex. Wrong market analysis yields losses for us that we have to be careful of. I use all technical tools provided by LQDFX broker on their technical errors free trading platform to capture the market flow. Link to comment Share on other sites More sharing options...
Fin_Trader Posted June 12 Share Posted June 12 There will always be losing trades when trading. And our task is to minimize such transactions and such losses. First, we must learn from our mistakes and find their causes - this way we will gradually improve our strategy and reduce the number of incorrect trades. Secondly, when we trade according to the rules of money management, we minimize losses on incorrect entries and we will always have a chance to recover these losses without increasing the risks in transactions. Link to comment Share on other sites More sharing options...
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