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Thread: Strategy To Minimize Loses And Maximize Profit

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    Strategy To Minimize Loses And Maximize Profit

    Minimize your losses and maximize your profit with risk management, as we all know consistency is the major problem many traders face in the market. be it new traders or experienced traders we all pass through the difficulty of consistency. but here's the thing we don't have to win in all our trades to be consistent in the market as there are no holy grail in trading forex.
    FOR EXAMPLE

    If we take 30 trades in a month and lose 15 trades and the other 15 are winners using 1:2 or more reward ratio depending on the signal,we will be earning more.practically lets say we are risking 5$ for a single trade and expecting 10$, if we lose 15 trades then that is 50$ loss and we win 15 trades that will be 100$ profit,so we are in profit of 50$ for that month, this is a very simple way of staying consistent you just need a good strategy. sometimes we would get more than that depending on your analysis here is a prove of my chart below

    Attachment 23255

    I risked 2$ to get 10$ which is 1:5 risk reward ratio imagine you did this in those 15 winning trades then you wouldn't need to win all the time to become successful,lets try this and see the end result for 6 months.

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    Rookie juniorpeters's Avatar
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    Quote Originally Posted by Real View Post
    look at how your losses are little and then the profits you are making is higher than the losses you get, that is one supper cool means of trading to control the losses, that is how a good trader can gets to keep on trading and then succeed and remain consistent.
    that's the advantage of strictly applying risk management to your trading, it couldn't have been achieved without applying it and waiting for the best trade to come by.so lets say risk management plus patient and a good strategy got me winning more and losing less.

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    The best way to minimize loss and increase profit is first by learning every thing that is very necessary in the business of Forex, learn the basic of all the different indicator in the business of Forex where they are apply and how they are applied, try your best to avoid the error of believing any indicator too much to just jump into any early conclusion without proper analysis of it, use a very good rick management ratio without greed.

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    Quote Originally Posted by uchehara View Post
    The best way to minimize loss and increase profit is first by learning every thing that is very necessary in the business of Forex, learn the basic of all the different indicator in the business of Forex where they are apply and how they are applied, try your best to avoid the error of believing any indicator too much to just jump into any early conclusion without proper analysis of it, use a very good rick management ratio without greed.
    yes i see. get the lessons, learn and practice till we get enough experiences and skill become the main factors for us whether to trade with minimize loses and maximize profit.it is really about trader's skill and psychologies where both of them become the reasons for them to analyze the market properly and decision is made with minimize the risk.
    when traders understand to read the market with good entry point also exit point, follow the trend and support it with good money managements and it will give us good winning percentages

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    Rookie juniorpeters's Avatar
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    Quote Originally Posted by uchehara View Post
    The best way to minimize loss and increase profit is first by learning every thing that is very necessary in the business of Forex, learn the basic of all the different indicator in the business of Forex where they are apply and how they are applied, try your best to avoid the error of believing any indicator too much to just jump into any early conclusion without proper analysis of it, use a very good rick management ratio without greed.
    hi mate you don't really need to learn all the indicators in mt4 to be profitable,even with a 60% winning strategy you can be profitable the most important thing is learning risk management then you can have more winning trading by risking little on every trades. learning all of them is just gonna make you confused and you might not be able to make good trading decisions.

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    Quote Originally Posted by uchehara View Post
    The best way to minimize loss and increase profit is first by learning every thing that is very necessary in the business of Forex, learn the basic of all the different indicator in the business of Forex where they are apply and how they are applied, try your best to avoid the error of believing any indicator too much to just jump into any early conclusion without proper analysis of it, use a very good rick management ratio without greed.
    Learning is a big way to understand the right development that will further help our trade. It's high time we pocess the means to work hard and learn in a better dimension as we look over to succeed here. Loss have to be properly minimized while we make every available plans to see we improve on our winning ways. Good learning will get us all set up to trade in a profitable direction and would help too on our loss management. It's never easy and good learning is the right way to make it up.

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    Its true that risk management is very important part of this business and if we are use a good risk and reward ratio like 1:2 or 1:3 then our earning is become easy for us. As you are shared risk 1:2 ratio trading if you lose 15 trades and win 50 trades then you are make double of your investment and its only because of your money management planning.

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    What we can do to survive in forex is to work on our risk management and follow a better process of making trades with high quality. If we can manage risk, we will have the means to make profits from forex and can have the chance to build up for a good trade. We must minimize loss and seek to improve so that we can sure enjoy good trading. Loss management is good and this will be very helpful to see us succeed.

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    Risk management is an important aspect in this business if you can manage your risk properly, you are minimizing the risk and maximum you reward in the market, we need to manage the risk properly because the forex market is a very risky business without a good risk management the risk will be too hard for us to handle.

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  10. #29
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    Quote Originally Posted by Tonycee View Post
    What we can do to survive in forex is to work on our risk management and follow a better process of making trades with high quality. If we can manage risk, we will have the means to make profits from forex and can have the chance to build up for a good trade. We must minimize loss and seek to improve so that we can sure enjoy good trading. Loss management is good and this will be very helpful to see us succeed.
    That is right, in as much as a trader is working on his or her trading risk and then is aware of the fact that also no matter what, they might still possibly loss their money and only trade with little portion of risk, such movement will help the trading mechanism to be a good and profitable winning one. Risk management is so much important.

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    i keep on getting more opportunity on this pair usd/cad now am targeting 10$, risking 1$ that is 1:10 risk reward ratio. this kind of opportunity don't easily come by so you also need patient to get a better result from risk management.

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