After losing trades , what next !

[miyu]

well, as per my thinking nothing get stopped after anything like that only because it is my motto that life must go on as well as my business also must go on after some stupid losses also so i think we should not quit any business after one or two losses.

[smartprince2]

Well after losing trades, every trader needs to be quit for the days because losing streak is no good for the trader after losing trader will get emotional and trade in rage or without thinking so best option is to quit for the day. yes offcourse it effects the trader mentally, physically and financially i agree with that. But in forex we can earn good amount of money so this only attracts to do forex trading.

[rajahentai]

we all faces loses, its certainly unavoidable, too many unexpected things happens in forex. but in case of something like this happened, then it would our job to maintain our own spirit, we should refresh our mind with something new and forget what has happened. it is hard indeed, but in order for us making another money we should start with a new refreshed mind.

[miyu]

well, so what, if you have lost your trade there are so many chance s for you to recover them with your talent and hard work so i think you should not give up in the forex trading business and you have to try once again and this time you should not repeat the previous mistakes.

[tindi]

look friend, you are in forex trading and you know very well that it is a very great and wide business so that is why profits and losses are natural here. then also if you are panic by loosing your account or suffering from loss i just want to say that just calm down because you have many chances to recover your losses.

[rizal83]

after losing trades we should go back to demo trading to correct all the errors contained in the trading system that we have, because the return on the trade demo, then we will find that there are many flaws in the system that we have trade that causes us to lose, and with trading demo we could correct all those mistakes and make our trading system has particularly can become better at generating profits and can also avoid the loss of trade

[bidyut]

It is very important that you shouldn't be discouraged by losing amount in tradings. It is a part of forex trading that we sometimes lose money. But to avoid any big losses we must put stop loss to our tradings. Without stop loss we can't avoid our accounts from blowing out. If you have blown your account then you've to deposit again and if you don't able to fund your account then you've to waste your valuable time. So it is better to cut losses and start again. Immediately after losing trades don't start again. Sometimes we try to revenge the market and also to recover our lost amount we try to open high lot size orders. It is very dangerous to do such practice. We can recover our lost amount at anytime if we keep our margin safe. So better to calm down after losing trades and think about future. What is gone can't be returned, it is only your tradings which bring your amount back. It may take time to recover but here you've to keep your patience and trade according to the trend.

[Hafiz]

forex trading is very good business and we can not leave it due to loss profit and loss is the part of business and every body face loss in trading so do not afraid about loss when you face loss then you leave trade for a some time and then again start trading with fresh feeling and also use good plan for your trading and good money management to get profit .

[Smith89]

Do not worry if you are loosing trades just make sure that you are using stop loss to avoid big losses.. try to find out what are the reasons for your losses and when you find out what are the reasons just make sure to work on that.. Trading is an art so you require quite planning to achieve your goals

[riddy09]

You have already losses then, it's already have the results so applying stop loss is already not going to help you.. But as we have lost our trades, we should have our learning here and that we will need to not have those losses in our next trades. And that we can improve ourselves because, we will have distinguish our mistakes done or weaknesses in trading. Thus, losing is part of trading and part of learning.

[telpips]

After loosing trades, I generally back test my strategy and try to find all the drawbacks in it. This not only makes my strategy better but also gives me the opportunity to know where my strategy is lagging behind.

[Hafiz]

when you face loss then quit trading for some time and then again start trading after refreshing your thoughts do not greedy use proper trading plan and also use money management to get good profit in this case you must get good profit if you want to maximize your profit then use trilling stop in your trading .

[tray]

when you face loss then quit trading for some time and then again start trading after refreshing your thoughts do not greedy use proper trading plan and also use money management to get good profit in this case you must get good profit if you want to maximize your profit then use trilling stop in your trading .

yes its very good for any trader to have this in mind as well when you faced loss the trader dont need to quit all that he need to do is for him to settle up and analys what really is the effect of those loss and what causes them.

[miyu]

Trading in this field not an easy thing because we all know that forex trading is a business we always have to take it seriously and always have to put our whole efforts so that we can make some great profit from this field, I always try to do some great hard work which will surely give me some great profit in this field.

well, you are right that the forex trading is not at all an easy field to trade because in trading is very professional business and we have to be professional here and to keep discipline in it because if we want to earn profit then we have to perform every task very carefully with confidence and concentration.

[ayushsrk]

we all faces loses, its certainly unavoidable, too many unexpected things happens in forex. but in case of something like this happened, then it would our job to maintain our own spirit, we should refresh our mind with something new and forget what has happened. it is hard indeed, but in order for us making another money we should start with a new refreshed mind.

There are so many traders that are just getting discouraged just because they faced some losses in their trades or just because of even one or two losses but this way they are highly wrong in trying to trade.Because for all the traders it is always important to understand the market first before trading.

And if a trader has understood the market well then he will also understand that he is just not going to make profits every time that he trades here.Sometimes the trader might be able to gain some profits but the next time he might face losses in his trades as well.