After losing trades , what next !

[danish007]

i think in my point of view if they are confident with the skills they have acquired from trading demo will be able to generate good profits, then the next thing they should do is go back to the real trade and test the skills they have acquired from demo trading,

[Razor1911]

If a trader loose it trade there is no matter of worry because in trading it happens. but you have to take care in future that this does not happen again. you should see the market and also see the reason behind your loss for improving your trading skill. And also Practice on Demo account if want to gain profit in Forex market. Only a hard worker stays here long.

Failure is the pillar to success. In same way in forex, the losses does not elaborate the ability of a trader. Even the expert traders also sometimes faces the loss which is nothing new in the world of trading. But whet matters most here is how a trader can able to hold up to such positions so that they can able to come over such tough situation. Losing trades, will definitely make the trader frustrated, upset but a trader should also have good control over emotions so that can over come from such tough situation.

[Dalim0621]

Foreign exchange transactions on a regular basis, the aliens really. Special beginners. They are involved in the provision of the Bill. Try to understand that the investment concerned or perhaps simply step down. When these people develop special tactics and discover a lot of profits. Then you can direct you to the real banknotes. The market speculator should be reduced in any really.

[saiansh23]

This is part and parcel of trading and losses are on our way Even best of them kick out of first round of wimbledon so Whats next Shuold be filter and keep in mind That why market went against us I use this strategy sometimes when You manipulate your trade after breakout And went on the losing side > I consciously wait for my next entry And this same time two lots one would be protective with tight stop and other would be similar risk reward And so far I have succeed But As I say price should be the priority And it will work your way if you consider only price rather than looking for some Mechanical system .

Regards

[Gadalay]

Its a fact that Forex is a risky business and no matter how expert we become we cannot eliminate risk from Forex trading entirely. However by acquiring sound knowledge and skills we can certainly minimize the losses and risk. The entire focus of a trader is to minimize the risk and maximize the profits.

We should insist on taking trades only which can promise us a risk to reward ratio of 1 : 2. Otherwise entering a trade is not of much benefit and taking the risk is also not warranted. We should not trade in Forex just because it is open 24 hrs a day.

[Ashish]

Its a fact that Forex is a risky business and no matter how expert we become we cannot eliminate risk from Forex trading entirely. However by acquiring sound knowledge and skills we can certainly minimize the losses and risk. The entire focus of a trader is to minimize the risk and maximize the profits.

We should insist on taking trades only which can promise us a risk to reward ratio of 1 : 2. Otherwise entering a trade is not of much benefit and taking the risk is also not warranted. We should not trade in Forex just because it is open 24 hrs a day.

The correct approach of a trader should never be to earn profits, sometimes a trader should also have to be very much appreciative to the losses so that can imply with the losses and gain improvements where needed.

Only the improvement from the forex will help the mistakes will open the door for the traders where they will have the chance to gain from forex by eliminating the high risk, though some amount of risk will always be there.

[Aamir Hussain]

THE GAME OF FOREX IS NO DOUBT A VERY RISKY AND DIFFICULT.IT ALWAYS HAS RISK OF WOUND UP OF AN INDIVIDUAL'S INVESTMENT.SO HE HAS TO BE PREPARED FOR AN PLAN B SO HE SHOULD ALSO INVEST IN OTHER PROJECTS TO DIVERSIFY THE RISK OF LOSS.MULTI INVESTMENT CAN AVOID RISK OF LOSING.

[Swayam]

Lost a trade ! Nothing to worry much about a loss. Just we need to figure out the mistake and then go for a suitable trade which will recover the amount of loss. Sometimes people also gain profit after recovering the lost amount. So the loss in trade should be treated positively as a warning of poor skill so that we can improvise ourselves in a better way.

[Haseeb Javeed]

in trade we should focus on our trading because sometime due to our misbehave or misunderstanding we lose our hope from our trading as this we should keep our mind cool in trading and if we get loss in trading then we want to know our mistake in our previous trading and try to neglect in next trading . due to this hope is one of best thing in our life.

[Dania Ali]

when he face losses than shouldn't lose his temple and he should take analysis that why and where he lose his trade and get knowledge about his mistake or problem and not repeat his mistake or problem in next trade and he should do more hard work in Forex trading....

[bbm]

You , me and even banks all of the market traders face the losses , which is the one of the fact about the Forex market , but the game doesn't end here right
losses happens and of course it always affect the trader mentally , physically and financially etc .
But i want to ask that if the traders (retail) face the losses then what a such trader should have to do !

Losses and profit are part of forex trading. If we can, accept the profit in forex trading, why not accepting losses too in same way. Even, whenever any forex trader fall into losses of Forex market, then he or she must analyze the causes of mistakes and try to improve their trading skills by lots of practice and hard work in demo account so that same mistake can't repeat in future.
Even, Losing trader need to make changes in their strategies and go for practice in demo trading account again with new strategies and take some rest from real account trading .

[seahawks90]

If a trader loose it trade there is no matter of worry because in trading it happens. but you have to take care in future that this does not happen again. you should see the market and also see the reason behind your loss for improving your trading skill. And also Practice on Demo account if want to gain profit in Forex market. Only a hard worker stays here long.

Trading is not depends upon one or two profits and nor depends upon one or two loss, its a field where you always have to fight with market to get your profit and market always try make you a failure but it always depends upon the trader how he takes the market and how he works in it. Loss doesn't means that you have to stop trading now it simply means that you have done something wrong which you surely have to change. After loosing here trader must have to do analysis of his trade which he lost, otherwise may be he will do the same one. And its also true that we also have to appreciate our losses because they always give you some good experience in forex trading.

[Razor1911]

when he face losses than shouldn't lose his temple and he should take analysis that why and where he lose his trade and get knowledge about his mistake or problem and not repeat his mistake or problem in next trade and he should do more hard work in Forex trading....

Temple or temper? Well i think the forex is totally unpredictable business as there is none who can control this market and thus the chances of losing is always as equal as the chances of losing money. But a trader should possess a strong personality to face such losses positively, because having negative approach will really make the trader to think negatively and that will have negative effect on the trader's performances.

[nizamul]

I think when we join here as a trader that means businessman we must keep in mind that it has profit and loss. we may make profit in trade and we all make loss in trade as when we trade the other side want to make his own profit and we want to make our profit. so the good strategy the side play he will win. this is why the traders need experience. we are here to buy and sell. if i want to buy and the opposite also so i make loss.

[bidyut]

Losses and profit are part of forex trading. If we can, accept the profit in forex trading, why not accepting losses too in same way. Even, whenever any forex trader fall into losses of Forex market, then he or she must analyze the causes of mistakes and try to improve their trading skills by lots of practice and hard work in demo account so that same mistake can't repeat in future.
Even, Losing trader need to make changes in their strategies and go for practice in demo trading account again with new strategies and take some rest from real account trading .

This is certainly acceptable that losses and profit are part of forex trading. We can't change a situation which has been already made by our own mistakes. We can't bring back the losses by any means. Only we can do is concentrate more in our tradings. There is no alternative method to recover our losses other than to trade again with more dedication and with good analysis. If we keep a positive mindset than in no time we'll be able to recover all the losses. If we try to minimize our losses then it will be easy to recover our small losses. To solve this we should try to put SL in our trades in a level that we can afford to lose. If we put SL to greater level then it won't help us in anyways.

After losing if we only think about our losing amount then we'll miss good opportunity in tradings. Every minute is important for a trader and we shouldn't waste our time in thinking about our past tradings. We should try to think about our future tradings and we should try to think how can we make more from our upcoming trades. Then only we'll be able to over come from our previous lost. No matter how much time it'll take to recover our losing amount but if we concentrate more in our trades then it'll not take long for the same.