How to prevent forex loses?

[papia09]

You can utilize the accompanying stunts mate.
1. Continuously use stop misfortune.
2. Utilize a following stop is vital.
3. Make a fast and right investigation of legitimate passage and exit.
4. Attempt the demo first.

[maspluto]

The selection of the existing broker must be able to be considered carefully, this is done so that traders can become more leverage in getting maximum security and trading comfort with Tickmill.

[Nilde Lucchese]

To be honest, 100% profit isn’t possible here! I basically verify my entry points by many ways, but till now my success ratio is below the 75%, and that’s very obvious! In addition, I can’t avoid the stop loss trading tool when I do my live trading! Since I know the value of money management rule! Forex is all about the process, so I don’t count any individual trade position!

[Margit]

Loses are inevitable in the market, all we can do is apply some good money management to minimize the loses. I will also say this, learn to accept loses and seek ways to avoid the mistakes.

[Hanan Öberg]

Well, using the stop loss trading tool is the best practice but till now, you can face your SL at anytime! So, we need to follow the rules of money management so keenly! In addition, in my live trading I always open my trade position by verifying many ways!

[maspluto]

the use of SL and TP must be able to be considered properly, this is done so that traders can be more leverage in getting maximum trading security and comfort like what I got from Tickmill.

[Pass22]

17 hours ago, maspluto said:

the use of SL and TP must be able to be considered properly, this is done so that traders can be more leverage in getting maximum trading security and comfort like what I got from Tickmill.

And don't be greedy too, be content with little wins as a beginner, that also can help.

[maspluto]

Existing analytical skills must be able to be considered properly, this is done so that traders can be more leverage in getting maximum trading security and comfort like what I got from Tickmill.

[Resolve]

On 3/28/2022 at 8:27 AM, maspluto said:

Existing analytical skills must be able to be considered properly, this is done so that traders can be more leverage in getting maximum trading security and comfort like what I got from Tickmill.

If we are using correct analysis then the losses coming from our trades will also start coming down for us.

[maspluto]

Existing analytical skills must be able to be considered properly, this is needed so that traders can be more leverage in getting maximum trading security and comfort like what I got from Tickmill.

[Golden Sark]

Really, leverage makes forex trading a very rewarding activity, such that you can earn fantastic income from the forex market within a very short time with comparatively little capital. But it is like a double edge sword that can work for you as well as against you.  so, I always sincere about using leverage.  
 

[mlawson71]

I completely agree, high leverage can be pretty dangerous.

[uncle gober]

The use of existing leverage must be carefully considered, this is done so that traders can be more leverage in getting maximum trading security and comfort like what I got from Tickmill.

[Golden Sark]

Loss is an inevitable part of trading there is nobody who can avoid it completely; mostly loss occurs due to lack of exact money management plan as well non-skill trading knowledge. So, for avoiding loss we have to focus on there.  
 

[maspluto]

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 maximum trading security and comfort like what I got from Tickmill.

[Golden Sark]

Leaning from own trading mistake is the best practice! But, we should try to complete our main learning process in the beginning stage of trading!
 

[uncle gober]

the existing process must be able to run well, this is done so that traders can become better and can be more leverage in getting maximum trading security and comfort like what I got from Tickmill.

[Resolve]

On 4/11/2022 at 8:55 AM, uncle gober said:

the existing process must be able to run well, this is done so that traders can become better and can be more leverage in getting maximum trading security and comfort like what I got from Tickmill.

We can start learning about the Forex market trends and how it will work using the Demo Trading accounts of the FXOpen 😄

[Breed]

The part of learning on a demo is very important and must be taken seriously by any trader, especially newbies. Stick with demo for as long as you can.

[Nilde Lucchese]

Make risk management strategy your part of trading because a trader cannot be a good trader until he is not a good manager of risk. For example, avoiding trading during high market volatility is a part of risk management policy. Similarly, lowering lot and trading in low spread pairs are also crafts of risk management techniques. With the amenities provided by Eurotrader like flexible margin level, low spread and good leverage, you can easily manage your risk.