How can exactly avoid the losses in Forex?

Discussion in 'Forex' started by Coner1980, Jul 27, 2020.

  1. Learn to control your emotions first buddy.Taking a break during the least volatile market hours and doing something entirely different from trading helps. What I tell everyone now after my experience is to take a walk, read a book, etc. And to also stop trading after 3 continuous wins or losses.
     
    #31     Mar 21, 2021
  2. Lokom

    Lokom

    Learning to manage money and keep a trading diary will give you the opportunity to avoid failures.
     
    #32     Mar 22, 2021
  3. Darkwing

    Darkwing

    Probably, many said, I agree with them in order to avoid loss, he has discipline, to conduct a trading plan, and also to use tools that help to avoid risks.
     
    #33     Mar 28, 2021
  4. Yes, I think a lack of discipline is the most reason why traders loses, discipline here is about trading setup, risk tolerance, position size, etc.
     
    #34     Mar 28, 2021
  5. Pegrinn

    Pegrinn

    А знаете девчонки и мальчишки, что я заметила, что благодаря такой активной и веселой и энергичной команде, и такому проекту Artery и с такими возможностями. Достаточно легко проходить все этапы к своим целям и добиваться результата.
     
    #35     Mar 29, 2021
  6. cesfx

    cesfx

    Can you run a business without costs?

    Expecting to run one in a high risk environment without costs or losses, means one has probably never managed or run a business.
     
    #36     Mar 29, 2021
  7. Burigelv

    Burigelv

    In the simplest ways, in order to get away from the Latin alphabet, you just need to be disciplined and learn how to trade, plan and manage capital.
     
    #37     Mar 31, 2021
  8. Losses are inevitable in trading, but you can learn how to properly lose in terms of handling losses. Also, implementing a proper portfolio risk management strategy can assist you greatly. That would consist beyond just risk per trade, but risk per day, drawdown management plans, etc.
     
    #38     Mar 31, 2021
  9. Sometimes traders expect after opening a new position, they will immediately reach the target, but because traders cant control the market, sometimes price moves against the position, risk per trade should in the plan because if just chasing the profit, can leading traders being reckless to using position size.
     
    #39     Mar 31, 2021
  10. yes agree , there is no trader who can control the market , but sometimes market moves recklessly and doesn't follow any trend then we realize there is someone who is manipulating this market.
     
    #40     Apr 2, 2021