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07-10-2013, 04:25 PM #166
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Actually Forex trading is a difficult and risky business so it is not possible to completely avoid the losses. Forex is the risky business but you can reduce the risky using learning because if learn more about Forex then you will earn more form Forex market like expert traders. It is always needed that nobody should do mistakes. A new trader may lose huge but at the same time old and experienced may loss few.
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07-10-2013, 07:06 PM #167
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Nobody is 100% perfect and every trader do some mistakes. However experienced trader do less mistakes and also they know how to avoid any loss during trading. In forex we should rely on our own abilities and not on any other things. We shouldn't sit in hopes that our negative pips will turned into positive pips. We do mistakes and we don't try to take initiatives to recover from it. We can minimize risks and also avoid losses if wit proper strategy.
We can review that our main reason for losses is greediness. We do mistakes when we open heavy lot size which is not suitable for any reason. It can certainly give good profit sometimes but not as always. So the foremost thing we should definitely do is to keep our lot size to a level which is easy to manage. Secondly, sometimes our analysis always go wrong and we starting to believe in fake signals or fake breakouts. This may happen when we have less experience. Anyways, to avoid this situation we should be patiently wait for a clear trend to start. Let the pair to go further and make it a clear trend, after confirming that it is a strong trend we should try to open orders. If we rush to open orders then it is possible that we may lose everything within a second.
Our motive is to make safe trading and here sometimes we may need to close some orders in negative zone. So we shouldn't be too greedy in closing such deals which are likely to give no profit at all. We should close those deals as soon as possible and move for next good deals.Last edited by bidyut; 07-10-2013 at 07:12 PM.
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07-10-2013, 07:34 PM #168
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For me i will say that it is not good for you as a trader to think of a very good way that you can be able to aviod loss is for you to be able to trade in accordance to trend and with when ever you are in the right trend you will make good money at any given period of time
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07-10-2013, 08:29 PM #169
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forex is really very risky business of the world so i don't think so that there is any way to safe from loss yes we can say that we earn a lot of money but as i have read that profit and loss both are the part of the business so i can say that it is really impossible to safe from loss we should always accept it then we can get success
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07-10-2013, 10:19 PM #170
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the only way to get rid of loss is practice as much we practice that much we are able to earn many people start Forex without proper training that is why they loose there money starting without practice and knowledge is a terrible mistake that mostly traders do learning is the key to success in Forex first learn than think to earn. THANK YOU
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07-11-2013, 05:22 AM #171
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Hi guys,
sure , Forex trading is hard trading business so trading the currency market is much like trading stocks . despite the similarities between the forex & stock market , most forex traders do not bother to employ the buying & selling strategies that equities traders have proved over time , such as the buy & hold rule . however good traders do not just enter trades based on the results of some cursory technical analysis . good trader must be satisfied that the under lying economic fiscal & financial factors will support their trading decision... many many thanks
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07-11-2013, 05:43 AM #172
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i think there is no way to avoid loss in the trade. loss is the compulsory parts of the trade. if we try, we can minimize it. but we can not avoid it at all. the best experienced traders also can not avoid it for all the time. to avoid it we need open our trade with good position. we need good strategy. we should use small amount of capital and small leverage. we must use stop loss in good position.
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07-11-2013, 07:43 AM #173
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To avoid the loss in the trading is to avoid trading. Because you just can say that, I will do business only for profit, especially in Forex. How much you try to escape from risk, it will remain intense. But you can try to minimize risk with your talent, ability, true knowledge about Forex, experience etc. If the risk will reduce, then the loss will reduce also. But I think there is no particular way to avoid the loss in the trading completely.
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07-11-2013, 09:27 AM #174
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a good trading plan and strategy can keep us away from loss,forex market is so much risk so its not good if we jump in forex market without skills and knowledge.
and effective money management also can keep u away from loss becuase we manage our accoutn well and always use small lot size for earning,so if market will went against our position we cna hold our position and close it when market will backA Working Ant is Better Than A Sleeping Elephant, A Small Progress Everyday Leads Us To Big Results
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07-11-2013, 09:39 AM #175
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First of all, stop the "get rich quick" is nothing more than a couple of Forex traders all the hype perpetrated to believe. Yes, there are videos are rich, but some rich people homes for sale. In both cases, this did not happen overnight and it may take years, full-time Forex experience and knowledge to become a successful career.
Last edited by RVD Support 2; 07-12-2013 at 10:05 AM.
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07-11-2013, 11:28 AM #176
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to be able to avoid losses that would occur in forex trading, we should be able to adjust capital and lot size that will be used in the forex trading so that we do not take big risks in order to gain profit from forex trading, other than that we also have to have a trading plan well, so that we can overcome all the errors that occur in the forex trading trading plan will also be very useful to be able to avoid losses that would occur in the trade in forex
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07-11-2013, 11:46 AM #177
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To me the way that you can use to avoid loses when ever you are trading is for you to try your possible best to always be in the right trend of the market so that no matter what you when ever you are in the right direction then you will be able to make good money at any given period of time
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07-11-2013, 12:06 PM #178
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More commercial as well as when the market situation is not good and also when you are not sure of the market, then you can remove the pun, but also a reduction in the purchase and sale of single travelers have a chance in the market at the moment, then you do not loose the will not come, and also, at some point, you have the product anyway because the company bpziridaz deals with two points to wordenJe.
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07-11-2013, 12:52 PM #179
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Yes casualty in forex trading can be avoided by the forex traders if they follow in acquisition indetail about this online activity. those forex traders are competent to do a prudish and surgical psychotherapy of the forex industry who are advisable masterly and healed have and are subject of adopting a healthy trading strategy by substance of doing tough provision.
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07-11-2013, 01:39 PM #180
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Good hardworking will always help us for earn profit in our trade . If any trader really want to make profit in forex trade then they must need to learn about forex trade for make them good experience about this . Good experience will must help us to earn profit from our forex trade . So just learn it and do hard work on your demo account practicing then you can must able to earn profit without make any loses on forex trade .