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07-23-2013, 04:44 AM #361
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good and professional trader is one who makes more profits rather than losses. so, after loosing traders we have to get experience from it and try not to repeat the same mistakes again we should never give up the loss that has occurred, because the the loss will give us many lessons which will provide convenience for us to be able to benefit from any trade
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07-23-2013, 06:35 AM #362
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many traders think to leave forex at first after facing losses. but some of them recovered their mind soon. and we should not become angry, but we should make the next plan for both recovering the losses, and for make further profit. this is what the professionals always do. if we want to be like them, we should go to their way. also we should check the mistake, and avoid it next time.
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07-23-2013, 06:57 AM #363
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normally, after losing trades, trader won't do any trading activities for a few days just to calm down the situation. after that, we can start over the practice with small lot size in real trade, if it is still involve real money, we can train ourselves to be more careful and try to make a good position in market.
never giving up is the key to reach our success in forex.
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07-23-2013, 08:17 AM #364
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as a trader you do not need to be moody if you have a loosing trades because there will always be loses in the forex market and when you have loses you should not go crazy because of it as there would always be another trade that will give you profits and then your confidence will surely come back to you and try to always learn from your mistakes in the forex markets.
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07-23-2013, 08:32 AM #365
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Earning money by Forex trade is not easy at the first stage. You should not frustrate if you loose money at the early stage of trading. You should take lesson and make the errors correct. This mistake will give you the experience that next how you will have to do this business correctly because trading such a volatile market is always risky. Good experience, idea and decision will make you success in Forex trading.
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07-23-2013, 08:52 AM #366
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Very well explained. The frustration in such a situation is very common. No one can eliminate emotion from their mentality, but we can surely have some confidence in such a tough situation so that it can hold our hope to improve further, do that can overcome from such losses.
Losses does not indicate that you are a loser. It's in your mentality how you will take such losses. If you take it positively, you would have the chance of improvisation from such mistakes that caused you losses, taking it negatively will only hurt you. So we should have a positive approach towards such losses.
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The Following User Says Thank You to Ashish For This Useful Post:
shamimforum (07-23-2013)
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07-23-2013, 09:02 AM #367
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Loosing trade is might occur but its not the end. It will encourage you more to go. Forex is like a normal business that we do in daily basis in our real life which has profits and losses. Both of them are part of the business.If you are a good and professional trader then you can makes more profits rather than losses. We all know failure is the pillar of success.So after loosing a traders have to get experience from it and have to try not repeat the same mistakes again and again. Always think professionally . Be patience and be attentive that can bring your success.
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07-23-2013, 09:03 AM #368
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after loosing trades you need to know the reason behind and also you need to recover those reasons that you always get benefit not loss.if you find reason then you will not repeat that mistake in future and you always will win
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07-23-2013, 01:37 PM #369
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Well, that's actually how we can learn from the mistake. There are many trader that loss their money when they trade, even worse they get the margin call in here. But how was the respond? they just shivering around and didn't improve. We need to learn how to make a better analysis for our own loss so we can really get something even after losing. Especially if the loss is big, then it will unforgettable.
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07-23-2013, 02:22 PM #370
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To be honest this is the moment at least not to my liking. A recognition point klo we made many mistakes and lack of discipline. This is what I would do. I will review and analyze where I am wrong to make mistakes and try to fix it. Will use a demo account to try it until I was skilled enough to rule that I created. After quite sure it will be back using real money.
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07-23-2013, 03:01 PM #371
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In the United States is the most important income relating to currency trading, this is why we have no doubt it regardless because it is facing directly after that loss I Forex and then my partner and I in most cases quite loose in this area allow avoidance. So we're just about to lose hope. I prefer just to find out where my partner and find out the reason for my partner and is now a good time to try out losses with another to help cushion losses.
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07-23-2013, 03:11 PM #372
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if trader lose the trade. then he have to rest for sometime.wait and watch for next position and place the position when he think that this is a good situation to earn money.and hard work on demo between this period of wait and watch.
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07-23-2013, 03:21 PM #373
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Well in my point of view if one has continously facing losses he she must be take a break ,, do some rest,, ponder on ur mistakes that what is where is going wrong,, plan some more good and new strategies and then come again and do start ur trading again..
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07-23-2013, 03:23 PM #374
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Of course after losing money I will try to find out what is wrong with that particular trade. If it is because of my fault that it lose then I will try to fix that mistake for the future trades. But if it is not because of my fault that I lose money then what can I do? Nothing can be done about that, right? Learning our mistake is part of our job as a forex trader. But sometimes it's the market that is causing us the loss. Just accept it and move on.
The main goal is to become a full time forex trader
and I'm prepared to endure the long process.
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07-23-2013, 03:42 PM #375
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Profit and reduction will be how the main style associated with fx commercialism for this reason we are able to prevent. In the event that while experiencing reduction most of us tend to abandon fx and then most of us tend to sq determine totally loose in this area. Consequently we have to usually certainly not reduction each of our hope. We need to usually discover figure out precisely why most of us tend to experience reduction and supplies a new a different attempt to recover reduction.