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How Can I Safe Me From Losses?


papia09

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On 9/18/2021 at 11:49 PM, Pixie Pips said:

You never lose in Forex, when you make profit you earn money and when you won't you gain experience, which will be helpful in your next trade. 

You should try to minimise the amount of losses that were getting into the foreign exchange market

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On 4/13/2014 at 10:30 AM, fxapex said:

just be more clear how you lost it, you can use stoploss, dont over trade if you are continuously making losses stay away from market for a while.

Exactly, specifying where the loses came from can better give insight on how to help.

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Forex trading worth it if you truly want to learn it. If you just want to copy someone else’s tradings, or have algorithms doing the job for you then you will have a painful way ahead. The problem with FOREX is that there is a HUGE community of LEECHES who could not make a living or substantial profit trading for themselves but want to sell every single possible service of product out there to “HELP” you with your trading, promising exponential gains and showing manipulated back-test results, they even take popular trading strategies and concepts re-branding as their own. Same applies to Expert Advisers or trading algorithms , a lot of them are merely reverse engineered re-branded copies.

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