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07-02-2013, 02:45 PM #91
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Yes to avoid the loss in the trading faced by the trader to enhance the knowledge skill and experience of trading. Use the correct indicator, news strategy and also follow the Economic data when issued and use it in their trader. These measures are very useful and escape from the loss in trading. Avoid the mistakes also during the trading.
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07-02-2013, 03:03 PM #92
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Good timing to open and close position, it will make us far away from losses but there is no way to avoid loss in trading completely because profit and loss are part of trading. A lot of practices can give us more experiences so we can find out the good time for opening or closing position. Sometimes we must be patience to wait the right timing, our experiences can help us to do it.
If we want to trade with free of risk so we can use demo account but it's only training account. In forex, if we want to gain profit so we must be ready to face risk of loss too. It's important to manage our risk in every transaction because we can't avoid risk of loss itself.
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07-02-2013, 03:58 PM #93
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Learning about forex is always required to avoid any loss. But many traders won't give importance in learning, they thing practical knowledge is more important than anything else. Yes, it is true that practical is very important but for a better practice we've to learn first. Without knowledge we'll not able to do any kind of practice. The second part is also important which is analysis of market correctly. If we analyze the market properly then we'll never fail to make profit. Wrong analysis may leads to losses. So when we look at some good trends then only we should go for tradings. There are many tutorials where we should open an order or close an order. This way we can avoid any big loss by dong correct analysis.
We shouldn't forget that forex is uncertain market. It may change the trend at anytime due to some news or for any other factors. So here it is very important for us that we should trade safely and maximize our margin money. Here stop loss is very essential, it'll save our accounts from blowing out. So better to put a small stop loss and avoid any big losses. The correct analysis and stop loss both are very important for us to avoid any big losses from forex market.
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07-02-2013, 05:05 PM #94
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To be able to use the indicators or the news strategy a trader will need to have knowledge about such indicators, should know if such indicators are liable to make use in this unpredictable market.
There are lots of indicators in the MT4 platform and to be able to use them in the most appropriate way a trader needs to have knowledge about such indicators and that's why it is said that the knowledge is the base of becoming successful.
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07-02-2013, 05:40 PM #95
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First of all I think that it is important for the traders to have a target of making profits rather than running off from losing here in the trade market.Because if a trader is showing much more concern towards analyzing how to avoid losses then that clearly states that the trader is just not confident enough and this being the case the traders are open to face losses in their trades.The trader with this kind of a thinking and concept is clearly showing his fear of the trades.
And when this is the case then the traders have a high chance to be facing maximum losses in their trades here in the trade market for sure.For any traders anyways the major important thing should be the market analysis and all the things come later on.
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07-02-2013, 05:47 PM #96
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By analysing the market properly with perfect system of indicators may helps us to earn consistently by avoid loses. But, lose is also the part of trading, we have to accept it if the market condition is not suitable for our style of earning. We may have to target to earn overall profits which is the profit greater than loses. May calculate this weekly or monthly.
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07-02-2013, 05:56 PM #97
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Yes there are many ways to avoid loss in this market the main way is to practice more on demo account and learn from your seniors and expert then enter in market ,never trade if you don't know about market and if you have small capital ,if you will do so then you will loose your all capital specially newbie loss their fund in this market and experts earn from here .
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07-03-2013, 12:21 AM #98
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Forex trading is a business and if you can make a profit in this market then sometime you will also face the losses but there are no such way from which you can make only profit but there are many ways of recovering your losses so better if you suffer a loss sometime then try to recover it.
Last edited by RVD Support 2; 07-04-2013 at 09:22 AM.
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07-03-2013, 01:12 AM #99
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I think in forex trading loss is a part of it because this is business and you know in business profit and loss both the things are happening so you cannot avoid the loss as you know in forex trading if you can make a good amount of profit then sometime you can loose so its a common thing and you can still recover it and can make regular profit but do not give up because this business is really great and most profitable.
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07-03-2013, 01:28 AM #100
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Losses are common features of trading, and it is not possible to totally eliminate losses as most trader would be saying, that it is possible to eliminate losses. I think i doubt that, because the only professional proven method to even control loss is money management.
It is either based on using stop loss or controlling the number of lots to open in relation to the capital available for trading.
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07-03-2013, 01:43 AM #101
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To avoid loss away from greed in trading and not to rush in trading and think before putting any order must be placed technical analysis and fundamental analysis before starting to take any order on the podium
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07-03-2013, 05:59 AM #102
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The loss can be controlled if the trader enhance the knowledge skill, experience skill. Avoid the mistakes which occured during the trade. Apply and planed the good strategies and also apply them in their trade. News strategy and Economic data are very useful for the trader. Carefully first observe the trend of the market then apply the trader. This is the safe way to escape from the loss in the trading.
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07-03-2013, 06:18 AM #103
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Forex is highly risky place. But it is possible to gain here by avoiding the loose. There is only way to avoid the lose in forex and that is forex education. Don't get you rush your trade again and again because one good trade can give good profit beside more affective trade.so try to order a good trade and stay with it to give change to your analysis. For that forex education is the only pre requisite.
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07-03-2013, 06:38 AM #104
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Personally I would never recommend any trader to run after avoiding losses here in the trade market,a trader is here in the trade market with a target of making profits and not to run away from losses!A trader always needs to try to have a nice plan and strategy so that he will be able to make some good and ideal profits rather than having a plan where he is just going to run off from losses in the trades.
The major thing for any traders here in the trade market is to understand the market and the trends properly first and if that done the traders will have absolutely no problems in making profits here.
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07-03-2013, 07:22 AM #105
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If people want to earn profit without make loss on forex trade then it will really simple for them if they can do hard work for their success . Without doing hard work people will always make loss more then their profit . So first learn it and then try to earn profit to always avoid making loss . But if people want to make always profit then also they need to learn it always by doing practice on demo account .