pradegxs Posted November 24, 2021 Share Posted November 24, 2021 On 12/9/2020 at 6:12 PM, Matheus Schotsman said: To react to a loss in forex trading is vey bad. We should not react to a loss. Accepting the loss is very important. The reaction to a loss end up opening a revenge trade which brings more loss. The best thing is accept the loss and analyze why did you loss the trade. What was your mistake? Then learn from the mistakes. Learning from mistakes is the best learning one could achieve from a loss. I am trading forex with Eurotrader broker, as a result of their low spreads and 500:1 leverage. I additionally like their energetic withdrawal handle. Independent losses should be ignored only the impact of their aggregate number matters. This is where statistics work Link to comment Share on other sites More sharing options...
Golden Sark Posted November 24, 2021 Share Posted November 24, 2021 But, I don’t think so! Forex trading business is not easy way of money making; it’s too much complicated! Only high skilled Forex traders are able to earn regular money from this market! It’s hard, that’s way more 90% retail Forex traders are struggling here! But of course, it’s not impossible! Successful Forex traders were also started their trading journey as a fresh trader! So, don’t worry if you are a novice trader! Link to comment Share on other sites More sharing options...
uncle gober Posted November 25, 2021 Share Posted November 25, 2021 The selection of the existing broker must be able to be considered carefully, this is done so that traders can be more leverage in getting the security and comfort of trading together with Tickmill. Link to comment Share on other sites More sharing options...
Yggri Posted November 26, 2021 Share Posted November 26, 2021 Of course, everyone has a reaction to losses. The obviousness of forex trading is that no matter how smart you are, no matter how well thought out your strategy is, you will still get losses. There isn't a single trader who doesn't make losing trades. The thing is how different traders deal with these losses. But there are positive points. First, these losses will decrease as you gain experience. Your losses will become less and less. Also, you need to study risk management and analyze how you incurred losses. And most importantly, it is to try to cope with yourself the moment you get a loss. I remember when I opened my first account and was trading very successfully for a few months. And then one day, during the release of American non-farm payrolls, the market abruptly changed its direction after passing about 30 pounds in the direction of my open trade. I did not close that position and waited for the market to reverse. As a result, in one day I lost all my deposit, which I had been collecting for a long time. Link to comment Share on other sites More sharing options...
maspluto Posted November 29, 2021 Share Posted November 29, 2021 achieving success in forex is not an easy matter, this is done so that traders can become better and can be maximized in getting maximum trading security and comfort with Tickmill. Link to comment Share on other sites More sharing options...
Resolve Posted November 29, 2021 Share Posted November 29, 2021 1 hour ago, maspluto said: achieving success in forex is not an easy matter, this is done so that traders can become better and can be maximized in getting maximum trading security and comfort with Tickmill. If we are looking to get the Success in this business we will need to use a Reliable Trading System. Link to comment Share on other sites More sharing options...
Hanan Öberg Posted April 9, 2023 Share Posted April 9, 2023 Loss is a part of your business so don’t show a bitter react to losses rather take them as a lesson for you. Eurotrader broker offers traders a 111% deposit bonus with narrow trading spread. The broker is highly secure for traders. They offer narrow trading spread and high leverage to traders. Link to comment Share on other sites More sharing options...
uncle gober Posted April 11, 2023 Share Posted April 11, 2023 In every trade, there will inevitably be losses, just as in forex trading. I myself have experienced it, but I did not give up and evaluated my trading performance. By doing so, I can carry out trades better in the future, with the support of the right broker like Tickmill. Link to comment Share on other sites More sharing options...
maspluto Posted May 19, 2023 Share Posted May 19, 2023 Absolutely, that's why I continue to learn and practice while following the educational resources provided by Tickmill. It is essential for me to deepen my understanding and knowledge of forex trading so that I can trade with a clear direction in the future. Link to comment Share on other sites More sharing options...
David Meyers Posted July 24, 2023 Share Posted July 24, 2023 FXOpulence offers high leverage and narrow trading spread so traders can earn large amount of profit. The broker uses different regulated banks’ accounts to ensure security. They offer two types of trading accounts including classic and ECN. Link to comment Share on other sites More sharing options...
uncle gober Posted July 27, 2023 Share Posted July 27, 2023 Indeed, each broker has its own strengths and weaknesses. That's why it's crucial to carefully consider when choosing a broker, as selecting the right one can enable traders to conduct forex trading to the fullest. This is something I have experienced since joining Tickmill broker. Link to comment Share on other sites More sharing options...
Hanan Öberg Posted January 2 Share Posted January 2 Losses can be your teacher so react to it positively. For trading forex, not much money is needed but you have to know the market nature because without knowing this, you can’t survive on the market with any capital size. FXOpulence allows traders with all necessary trading facilities alongside seamless crypto trading. Link to comment Share on other sites More sharing options...
maspluto Posted January 4 Share Posted January 4 Let's make losses our best teacher. That's why I consistently evaluate my trades. This is done so that I can improve the quality of my trading with Tickmill in the future. Link to comment Share on other sites More sharing options...
Resolve Posted January 4 Share Posted January 4 3 hours ago, maspluto said: Let's make losses our best teacher. That's why I consistently evaluate my trades. This is done so that I can improve the quality of my trading with Tickmill in the future. After we are getting losses from our trades we will need to stop doing such kind of trades into the markets. Link to comment Share on other sites More sharing options...
uncle gober Posted January 5 Share Posted January 5 When we incur losses in forex trading, it's advisable to take a moment to pause. Conduct an evaluation because, for me, this evaluation helps us understand the forex market better, allowing for higher quality trading with Tickmill or any broker in the future. Link to comment Share on other sites More sharing options...
Hanan Öberg Posted July 14 Share Posted July 14 Reacting to a loss in Forex requires calmness and analysis. Assess the trade objectively, review the strategy, and learn from mistakes. Adjust risk management techniques and avoid emotional decisions. Losses are part of trading; resilience and learning ensure long-term success in Forex. LQDFX broker’s free educational program is really helpful for learning the market well and they provide market analysis to help traders gain some profit.Top of Form Link to comment Share on other sites More sharing options...
uncle gober Posted July 15 Share Posted July 15 Success in forex cannot be achieved instantly or easily. That's why I continuously study everything diligently and utilize all the facilities provided by the broker. This way, I can deepen my understanding and knowledge of forex, and improve my trading skills with Tickmill broker. Link to comment Share on other sites More sharing options...
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