Learning from loss
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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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    You are right on the point you are trying to bring out of this thread. Forex traders should not just give up in the market trading, they should try very hard to learn something from the failure they have gotten initially. It would be very reasonable for traders to also have a trading journal that would be helping them to correct the mistakes they are making in the market. If any trader could learn from the mistakes they have had, they would use it to build a better future if utilized well.

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    Quote Originally Posted by cozard007 View Post
    You are right on the point you are trying to bring out of this thread. Forex traders should not just give up in the market trading, they should try very hard to learn something from the failure they have gotten initially. It would be very reasonable for traders to also have a trading journal that would be helping them to correct the mistakes they are making in the market. If any trader could learn from the mistakes they have had, they would use it to build a better future if utilized well.
    It is not that easy you know so many of them gave up before they could even think of they can become successful traders.

    And before a trader will thus not give up when he or she is losing then it means that the trader has a good source of motivation. However, I did learn from my loss and so far so good it has helped me a lot and I have learn so much from it.

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    Registered user Quid's Avatar
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    The losses of the traders are because the wrong MM in their market trading and it is the result of not following the good market trading strategy and trading planning.They are not making profit because of the losses are greater and they are not getting their good MM in managing the trading account.They are more successful in doing their market trading and getting good result too.They can make the management of their trading.

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    Last edited by Quid; 07-22-2015 at 01:57 PM.

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    Quote Originally Posted by Quid View Post
    The losses of the traders are because the wrong MM in their market trading and it is the result of not following the good market trading strategy and trading planning.They are not making profit because of the losses are greater and they are not getting their good MM in managing the trading account.They are more successful in doing their market trading and getting good result too.They can make the management of their trading.
    Well, first of all there are a lot of traders that always make wrong risk management because they didn't know how volatile the forex market will be. Having good mm won't always guarantee us to success as well in here. Sometimes some just can't seem to be able to catch up with the real time market's condition even if they have the plan. Knowing the direction is a must in here as well.

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    Quote Originally Posted by sekiryutei View Post
    Well, first of all there are a lot of traders that always make wrong risk management because they didn't know how volatile the forex market will be. Having good mm won't always guarantee us to success as well in here. Sometimes some just can't seem to be able to catch up with the real time market's condition even if they have the plan. Knowing the direction is a must in here as well.
    Sir, I do not think you are right, if the trader has good trading strategy in place already, and such trader could now be working with the best risk and money management, it would give him the right way to earning in the market. What forex trading needs are much, but those ones are the main thing, And when the traders could apply good psychology to it, it becomes balanced.

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    Quote Originally Posted by cozard007 View Post
    Sir, I do not think you are right, if the trader has good trading strategy in place already, and such trader could now be working with the best risk and money management, it would give him the right way to earning in the market. What forex trading needs are much, but those ones are the main thing, And when the traders could apply good psychology to it, it becomes balanced.
    [lang=id]the concept is like it, if the traders have good trading system or strategies and understand it, then they knew risk management and money management with well, yes i do agree with it, but one thing we do not ignore that emotion and psychologies is there and the traders will get disturbance from this thing and even fatal[/lang]

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    Quote Originally Posted by samprazaan View Post
    [lang=id]the concept is like it, if the traders have good trading system or strategies and understand it, then they knew risk management and money management with well, yes i do agree with it, but one thing we do not ignore that emotion and psychologies is there and the traders will get disturbance from this thing and even fatal[/lang]
    You are very correct sir, even if the trader has the best trading systems in the world and ignore the things of psychology, all that experience would still amount to losses. So, forex traders should always balance the good use of the trading system with their psychology, this would help them for effective performance in the market.

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    Quote Originally Posted by cozard007 View Post
    You are very correct sir, even if the trader has the best trading systems in the world and ignore the things of psychology, all that experience would still amount to losses. So, forex traders should always balance the good use of the trading system with their psychology, this would help them for effective performance in the market.
    There are certain stage in a traders life, bad psychology and money management do happen in the early stage with every trader, what is important for aspiring traders to learn is how to deal the market properly and know what are the right move so that he will grow and mature as a trader, if a trader keeps on losing because of a bad psychology it only means that he is stuck in certain level.

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    " Trading is 70% Psychology, 15% Risk Management and 15% Strategy ! "

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    Registered user lawners1791's Avatar
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    Quote Originally Posted by sekiryutei View Post
    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.
    yes as the use on running of continuous arrange with the evaluation those help to gains of decision on future to work of the good preparedness on occupying use of the proven system and strategy as having with the good confirmation on referring returns of projected numbers of target within the range of terms.

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