How to prevent forex loses?

[Hanan Öberg]

There is only one way to prevent losses which is maximize your learning and try to follow the strategy that lowers your risk. Avoid over-trading because it causes loss on average. All the reliable trading facilities provided by Eurotrader broker helps lower trading risk and increase trading return.

[Pass22]

2 hours ago, Hanan Öberg said:

There is only one way to prevent losses which is maximize your learning and try to follow the strategy that lowers your risk. Avoid over-trading because it causes loss on average. All the reliable trading facilities provided by Eurotrader broker helps lower trading risk and increase trading return.

I agree, but the honest truth is sometimes loses would come, maybe not much but it will. So we should rather focus on risk management and emotion check while learning and practicing.

[maspluto]

The selection of existing brokers must be biased 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.

[Resolve]

On 4/15/2022 at 9:06 AM, maspluto said:

The selection of existing brokers must be biased 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.

I am doing my Forex Trading with the ECN Forex Broker FXOpen Markets and they allow me to do News Trading and Scalping 😄

[maspluto]

besides that the choice of broker must also be able to be considered carefully, 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.

[Hanan Öberg]

If you went to achieve success in Forex, there is no alternative to strategy-based trading. Traders should try to innovate new strategies to catch the market’s trend because a trader cannot make advancement in trading without knowing the actual market trend. A good trading strategy is compared to an asset because it gives them profit on a regular basis. But, traders’ intention is different and they always try to make a quick buck.

[Nilde Lucchese]

Gather more & more knowledge on trading! If you want to be a good Forex trader, you must have the ability of sustaining losses as it is a common phenomenon in Forex market. If a singled loss frustrates a trader, he cannot survive in Forex for long. And every Forex trader knows it very well. Rather focusing on losses, traders should invest their time in learning.

[Resolve]

On 5/7/2022 at 9:20 PM, Nilde Lucchese said:

Gather more & more knowledge on trading! If you want to be a good Forex trader, you must have the ability of sustaining losses as it is a common phenomenon in Forex market. If a singled loss frustrates a trader, he cannot survive in Forex for long. And every Forex trader knows it very well. Rather focusing on losses, traders should invest their time in learning.

To be able to become a Better trader in this business we have to make more Efforts and increase the Hard work also.

[broforex51]

Hi Guys, I am trading with FreshForex and I get plus in my swap point, not minus like if you trade with another broker. So I think swap is not annoying anymore if you join FreshForex. Join today and get your benefits.

[uncle gober]

the choice of broker must be able to be considered carefully, this is done so that traders can become better and can be maximized in getting maximum trading security and comfort like what I got from Tickmill.

[Voshakar]

that is the main issue. you can't avoid them, but as you have stated, you can prevent them. In fact, all the efforts directed at prevention of forex losses as a rule leads to losses, they are almost unavoidable, however we can decrase the amount of mistakes and losses in case we just would comply with several recommendations. 
- be careful and never hurry. always spend as much time as you need on the analysis of the current situation on the market. don't regret this time, it will benefit you anyway.
- watch for the progress and never be overconfident about your success at the market, sometimes such a behavior leads to first losses. take everything for granted.
- comply with the risk management and money management practice, diversify risks, set up correct risk/reward ration, like 1:2 or 1:3

[Breed]

1 hour ago, Voshakar said:

that is the main issue. you can't avoid them, but as you have stated, you can prevent them. In fact, all the efforts directed at prevention of forex losses as a rule leads to losses, they are almost unavoidable, however we can decrase the amount of mistakes and losses in case we just would comply with several recommendations. 
- be careful and never hurry. always spend as much time as you need on the analysis of the current situation on the market. don't regret this time, it will benefit you anyway.
- watch for the progress and never be overconfident about your success at the market, sometimes such a behavior leads to first losses. take everything for granted.
- comply with the risk management and money management practice, diversify risks, set up  correct risk/reward ration, like 1:2 or 1:3

I think the problem starts being too hasty in making decisions, allowing our emotions to control us. That will be disastrous.

[Nilde Lucchese]

If you are thinking about investing big sum of money, then you should think of your capability. Because, if you are not capable enough, you will lose all of your money any time.

[Breed]

On 9/3/2022 at 1:30 AM, Nilde Lucchese said:

If you are thinking about investing big sum of money, then you should think of your capability. Because, if you are not capable enough, you will lose all of your money any time.

I think the best thing is to learn and practice well putting your strength in mind.

[maspluto]

Existing training and learning must be able to be considered properly, this is done so that traders can become more leverage in surviving and can become traders of the month.

[Hanan Öberg]

Make a habit of learning more and more because it will help you reach your destination. There are so many e-books containing the basics of Forex trading and a pile of video tutorials available on Youtube. Keep patience in earning knowledge. Eurotrader provides traders with different types of accounts with reliability.

[Golden Sark]

In my trading career, I am a professional scalper and I always have to depend on lowest trading spreads which is very supportive to use scalping in a proper way. That’s why my great choice was LQDFX which until the end of time ensures lowest trading spreads from 0 pips which is really comfortable to make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time.  so, we the traders who are particularly scalpers have to ensures first of all the broker which always ensures lowest trading spreads including minimum margin requirements.     
 

[uncle gober]

the funds and risks that exist 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.

[Nilde Lucchese]

Seeking assistance to experts for strategy development can be an approach. Not everyone wants to share their personal trading strategy and it works as a massive impediment. So, the scope is limited. FXOpulence, indices broker more than a Forex broker, allows traders with access to their free educational program and all necessary support.

[uncle gober]

Every trader has experienced losses, and I have gone through it as well. However, I don't easily give up and instead conduct evaluations. This way, I can learn from my mistakes and improve my trading skills, making me better prepared for trading with Tickmill as my broker.