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07-11-2013, 01:46 PM #181
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well dear we can avoid loss in forex market if we trade according to plans and rules in that way we win more trades and losing few trades, the ultimate result will be profit but if we not following our rules and plans then forex will gives us huge and consistent losses and also we may blown our trading account. Following rules and plans is the key to success.
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07-11-2013, 02:35 PM #182
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I'm a new comer in Forex trading, So i don't know everything very well. I start Forex trading before 4 days. So I think that loss is the part of Forex trading. But its very harmful for us. So I want to ask you, there have any way to avoid loss of trading ? Please tell me anyone.
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07-11-2013, 02:57 PM #183
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Well, Even banks lose money so who are you? You can minimize the losses but there is no any 100% accurate strategy because in ranging market, more and more good strategies stop working and will give you some losses, so it means that the strategy must be a long term and not a short term, if you are thinking to scalp the market, so maybe you have to face the losses more and more time.
Our concentration should be on making a strategy which could be consistent and can make good profits over the losses, ofcourse there will be a lot of losers also, but our target should be minimize losses and maximize profits which can give you result in Net Profit at the end.Forex is my Love!
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07-11-2013, 03:11 PM #184
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every trade must have profit or loss if it is a real trade. so i think every trades must have loses. i also think that we can not avoid loses. even the most experienced traders also can not avoid it some times. as i know there is not rules or formula or systems where is not loss. we have to mind that our loss means broker's profit. so they must not set such as any systems or rules. but we can minimize our loses. if we can set a goo trade, we can minimize our loss. we can use small capital and small leverage to minimize our loss. stop loss is good option to minimize our loss.
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07-11-2013, 04:16 PM #185
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In Forex we can reduce losses by well calculation of technically and fundamentally .we can also avoid some losses by using s/l . there have many traders they do not use s/l thats why they become loser and also they can reavoid losses and recover losses money. well calculation maoney managemet of accountusing s/l can reduce and recover losses money some how from it.
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In Forex we can reduce losses by well calculation of technically and fundamentally .we can also avoid some losses by using s/l . there have many traders they do not use s/l thats why they become loser and also they can reavoid losses and recover losses money. well calculation maoney managemet of accountusing s/l can reduce and recover losses money some how from it.Be a patientfull man
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07-11-2013, 06:33 PM #186
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Profits and losses are the very ultimate results of the trader. A trader can avoid suffering looses if he work hard in forex market. He needs to continuously study the market and make his trading techniques accordingly. This will help him to make better decisions.
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07-12-2013, 12:48 AM #187
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My answer is not. We know that every business have two parts one is loss and another one is profit. So loss is happen in every business. But if we follow some rules then we may avoid some loss. We should know money management. It is the effective part of avoid loss in forex trade. And another one is try to control your emotion during forex trade. Some times over confidence destroy our capital. So we should follow this. Thanks.
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07-12-2013, 06:36 AM #188
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Yes, there is many ways to avoid loss in trading business and we can do these. They are,
1. Learn properly about Forex trading,
2. Give time to find a good broker,
3. Use demo account to practice first,
4. Proper money management,
5. Trade in slow process,
6. Use reasonable leverage.
These I know. If you have any other ideas, share with us!ONLY TRUST YOUR SELF!
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07-12-2013, 06:56 AM #189
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I agree, but we cannot totally avoid loss in forex we can only minimize it and one thing also we must learn how to stick to our strategy or trading plan to avoid making more loses, the problem of most traders in these market is they cannot be steady in following their trading plan causing them to lose more in their trading...
STAY FOCUS AND DISCIPLINE !
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07-12-2013, 06:56 AM #190
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Yes there have many way to avoid the loss in the trading. If you want to avoid the lose in the trading you need to know about Forex trading properly. If you do not collect any information you can not avoid the loss in trading. I think that at first we should know about the Forex trading then we should start our work. If we do it we shall be succeed to avoid the lose in trading. So please try to avoid lose in trading. Otherwise you will not success in Forex trading.
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07-12-2013, 08:59 PM #191
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We cant avoid the loss completely from your trading but you surely minimize it.You should use the tools like stop loss and take profit to reduce the amount of loss.Also you have to use strict money management and the risk management plan so that your risk is minimized and your rate of getting profit is increased
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07-12-2013, 09:41 PM #192
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yes i do agree with some words above, we can not do trading without the risk or avoid the losing but i believe that we can minimize it until we can make forex trading is profitable, but for all of them, all depend to us, we can manage them as well as our knowledge and ability then we can see the results is our mirror as hardwork, and there are many steps or factors which we need to know then we can reduce our losing and at the same time we can increase our earning
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07-13-2013, 04:42 AM #193
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If we got loss its mean we have poor knowledge about forex trade business so that we needs to learn many important things that make loss before. we must make evaluate from loss before so we will find the mistake and then we can correct that mistakes. after that we must make a good strategy from the previous strategy improvement although there is no guarantee to avoid the loss, but at least we can minimize the loss occurred before
For that if we want to minimize our loss, This is very possible by using proper money management and using our skill properly when analyzing of Forex business to not make analysis as randomly and also we must think that forex must be taken professionally as our real job so that we can be more responsible and more prudent in conducting forex business, with that no more reason to make loss in same reason. and will always learn more and more about this business
If we has learn anything about forex market and if we follow the trend as correctly then we will not face any problem such loss in past time and surely will make a good progress in forex trade business and be a good forex traders in future
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07-13-2013, 05:01 AM #194
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Yes i can aviopd lose in trading if we apply good statgies in our trading and donot open more then 10 trades if u put oder at good level your oder gives u more then 10 other oders. with proper analysis.we can get help from good indicators to open any new trade.news tradings is also effective because we can catch trend easily. high impact, news always gives good movements to currency If we want to take advantage of such news we should be ready for that, but it is not good to trade before releasing of any news. we can open oders after news release its time to get a good trend
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07-13-2013, 05:24 AM #195
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To avoid loss in trading we must apply money/risk management. If we apply money management, you can avoid huge loss. Over trade can make losses, avoid over trade and we can avoid losses. Don't do scalping, people says that scalping is risky; only expert traders can do scalping, scalping need fast analysis, you must do quick decission to do scalping.