Should we ignore loss in Forex Trading?

Discussion in 'Forex' started by Coner1980, Jun 16, 2020.

  1. when you trade at random loss will occurs of course with no doubt. so before trading it is more appropriate to make a perfect analysis.
     
    #361     Jan 2, 2023
  2. according to me, if you willing to avoid losses i think should avoid the trading , that is very clear cut issue , hope you guys got the answer.
     
    #362     Jan 3, 2023
  3. we should recover our losses by smart trading , but in practical we traders try to recover our losses by over trading and at the end of the day lost almost whole equity.
     
    #363     Jan 4, 2023
  4. we cant stop loss from trading but there is a chance to avoid the past mistake , this is the foremost reason why we loss again and again .
     
    #364     Jan 4, 2023
  5. dumbocow

    dumbocow

    Ignoring losses can lead to a lack of self-awareness and an inability to adapt to changing market conditions, which can result in larger losses in the future. It is also important for traders to manage their risk and maintain a healthy risk-to-reward ratio.
     
    #365     Jan 6, 2023
  6. If you do not review your losses, there is no way of learning from them.

    It is the only way to get better in my opinion ;)
     
    #366     Jan 8, 2023
  7. a profit can give you a pleasure but this is very short term but a loss can teach you a more good lesion which can be a permanent education for you , so after having losses never be sad , just find out the exact reason why it happened and never do the same mistake again.
     
    #367     Jan 9, 2023
  8. a simple message but effective, the loss is a teaching method if you are focused.
     
    #368     Jan 9, 2023
  9. last time during news i did huge losses , this is really annoying .
     
    #369     Jan 9, 2023
  10. you can use Forex factory economic calendar which is really supportive to predict the market during news .
     
    #370     Jan 10, 2023