Should we ignore loss in Forex Trading?

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

  1. Laura48

    Laura48

    Well, I would say 90% is also not less. Just keep up that confidence, you'll be able to cover the remaining part as well.
     
    #81     Feb 10, 2021
  2. It worked brilliantly for a long time...I did 140winning trades in a row...and then one time it didn't work and I lost 6.5k and it really put me off using it? I was using a slightly different version of martingale...not double but triple so the average price would come really close to you current position so you would only need a small pull back to exit for break even. Can I ask what you use for your money management Laura?
     
    #82     Feb 10, 2021
  3. Marvini

    Marvini

    Even worse, when you are losing, or you are still emotionally unstable from the loss, you start to think even less clearly than you did when you suffered the initial loss.
     
    #83     Mar 12, 2021
  4. Kodakoto

    Kodakoto

    Losing is key to being a winner in the long run.
     
    #84     Jun 21, 2021
    Tradex likes this.
  5. Tradex

    Tradex

    Absolutely, winning trades teach us almost nothing.
     
    #85     Jun 21, 2021
  6. Dugrel

    Dugrel

    If you do not work on yourself and pay attention to all the points and everything that happens to us during trading, then there will be no result
     
    #86     Jun 22, 2021
  7. Esha.J

    Esha.J

    Absolutely correct, focus not only on your profits, but do focus on loss also and learn what led to it and later avoid such mistakes to make more in Forex.
     
    #87     Jun 24, 2021
  8. tedmos38

    tedmos38

    Of course, you need to study your losses. Making losses and just ignoring them is definitely not the right thing.
     
    #88     Jun 25, 2021
  9. Esha.J

    Esha.J

    Yes, you should learn from the losses and you must use the experience so that you don't make the same mistakes again and learn to earn in the next trade.
     
    #89     Jun 29, 2021
  10. Burigelv

    Burigelv

    You will never learn to overcome and avoid losses if you do not learn to analyze them.
     
    #90     Jun 30, 2021