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Thread: Learning from loss

  1. #1
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    Learning from loss

    Many traders will certainly experience "margin call" or even "stop out" in this business.
    But first of all, they need to know what they can gain under that kind of despair moment. I won't say how despair we are when we met that kind of condition, i have experienced margin call or even stop out a few times already after all. But the bigger picture is how we are going to use that losing experience for sure.

    There are 2 kinds of trader in this world, after getting a stop out then they leave this business since they think it is just too hard for them or they have lost all of their money. The second one is the loser that make a use of their last losing reason, take a look at the reason behind their loss last time and earn more money in the future with it.

    That is what important if you really with to become a pro in this business. But even so, you need to always make a research about every loss in your trade. Even a research about how you can get the profit would be better as well. And then always remember to trade not with all of your money since if you got stopped out when you are still learning, you will lost everything by then.

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  2. #1011
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    Quote Originally Posted by kebikemor View Post
    Learning from loss in this business is very very important to me, of course loss is come in forex trade so when you learn from your loss you encounter in your trade, that is the best way you can avoid it to happen at all time in your trade, so in forex trade is a business that you have to take every mistake you encounter in your trade as a lesson that you need to learn from.
    At losing, the trader should not panic or get frustrated, they only need to use that in their trading advantage. But such trader should not just say it or think it, they simply have to apply it rightly by having a good journal to evaluate this out for them. Traders should never look away when they both win or lose, but learn from it and correct their error.

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  3. #1012
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    Good traders understands that loss is part of forex and learning from losses are the best means to improve in this business. I keep saying that learning is continual on forex as it is necessary for everybody to improve on their knowledge and have more opportunity to trade good. Good traders should keep on working hard and futher try to make good plans that will cause great profits.

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  4. #1013
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    A good trader no the important of learning from his/her loss so they don't see it as a bad thing to lose because if they loss they will definitely learn a new thing from the market, so learning from loss is a good thing and it good we lose some times beside loss is part of this trade, so when we lose we need to learn from it at all time.

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  5. #1014
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    Loss is a normal part of the forex market and it normal for you to lose money in this business if you are new to it, because the only way to fully understand this business is for you to take time to learn from your losses, you should take the time to learn from your losses cause only then you can fully understand the forex market perfectly well.

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  6. #1015
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    Quote Originally Posted by davido View Post
    Loss is a normal part of the forex market and it normal for you to lose money in this business if you are new to it, because the only way to fully understand this business is for you to take time to learn from your losses, you should take the time to learn from your losses cause only then you can fully understand the forex market perfectly well.
    Yes and if we can learn from the losses that we get then we will be better. Losses not only the problem of wrong in makes the open position, but more are caused by psychological factors trading. such have greedy to immediately get a big profit will make a trader do a fatal mistake by ignoring money and risk management. This often happens to a trader, the ambition to get a big profit without taking into account the available margin

    it's just that most of us wish quick success and immediately feel the high income from forex trading, so when experiencing Loss usually our tension becomes high and wanted to immediately recover such losses, That must do is learning instead we would be harmed and get bigger losses

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  7. #1016
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    You must learn from loss before you can no everything about forex trading, if you have not learn from loss yet you still have more learning to do cause learning is not complete if we don't learn from loss, we can learn how to trade forex in various ways and get a good experience and knowledge but to get the real knowledge you must learn from loss.

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  8. #1017
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    A lot of newbie trader want to give up because they are really loosing money in forex trade, but i think the loss you encounter in forex trade is an experience you need to acquire to achieved success in forex trade, so it is necessary for you to learn from your loss always, of course when you learn from your loss it will give you more advantage to know your mistake, so learn from loss is essential.

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  9. #1018
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    It is not easy to trade and make money we can trade forex easily but to make money we need to have better experience and knowledge of trading forex, but before we can get a better experience and knowledge of trading forex we need to learn from loss, we need to learn from loss before we can get a better experience and knowledge to trade forex very well.

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  10. #1019
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    Loss is common and it is part of forex trade so it is necessary for you to learn from your losses in this business, i see this business as a business that when you are not really experience and have a good understanding about it, then you maybe bound to encounter loss in your trade, so for you to minimize this loss in forex trade is to learn from your loss always in your trade.

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  11. #1020
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    Yes we can learn and execute well our planning when we have a good mindset, so many time we have seen this kind fo situation that we are losing a lot of money and emotions are driving our mind for the worst here, I think emotion can happen anybody but if we have already a good pill for its control then we can take some good trading decisions from our mind, as we know that forex trading is a mind activity and here the control of emotion would be very necessary to earn well.

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