Control you decision after the successive loss in the trading ?
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Thread: Control you decision after the successive loss in the trading ?

  1. #1
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    Control you decision after the successive loss in the trading ?

    I suggest all the trader that if you will have the continue loss in the trading then you will check you decision and observe the market well when you open the position in the trading because if you control the decision and not analysis the market then your loss is never stop.

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  2. #2
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    Its very important that you always put your emotions in check as a trader,our decisions while trading is very relevant especially when we experience a loss, just because you lose an entry doesn't mean that your trading plan is useless, although its important you do a review on your trading strategy once in awhile ESPECIALLY when you keep experiencing losses with your entries, this could be possible due to a loop hole in your strategy that needs a little bit of adjustment.

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    Yes sir you are very correct because after continuous losses after thinking ability gets effected and with that mind set we start trading with revenge taking attitude to cover our trading losses, and a chain reaction starts which brings series of losses so it is always better to quit the market and start analysing the mistakes so that next day we can start with fresh mind set and energy.

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    When we often experience a loss in forex trading, we better pause to do live trading, then we need to check back mistake that we did and we still practice trading with a demo account. Then we reach a solution by analyzing the losses we get, so that loss is no longer we get when doing live trading in next time.

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    It is very important to control ourselves when we make a loss. it is really bad habit to regain it instantly. it makes us account blown. and it is really to tough from controlling this emotion. We often use our full leverage to regain our loss instantly. we should take our losses normally. we can ba good trader if we take this business easily.

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    the trader needs to analyze the market well before trading to be able to take the right decision for trading,so if he does not do this step he will make more mistakes and this will lead to more loss and his loss will be repeated with repeating of his mistakes,so the trader needs to fix his mistakes to decrease his loss to the minimum level and increase his earning,so he can make a good income

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    yeah you are correct because after continuous losses after thinking ability gets affected and with that mind set we start trading with a attitude to cover our trading losses, and a chain reaction starts which brings series of losses so it is always better to quit the market and start analysis the mistakes so that next day we can start with fresh mind set and energy.

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    When a trader incurs excessive loss, then he or she must first analyse what has gone wrong with one's strategy, one's decisions. Once you have found out the mistakes, you, then know what not to do next time. Then it is preferable to do market study extensively and in -depth fundamental and technical analyses are need to be done. Think a lot before you make your next move.

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  9. #9
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    It is very important for every trader to control their emotions after the successive loss in the trading.It is also true that continuous loss will make you emotional and effect your mind but it is important to take right decision at right time to stop our loss and to earn profit.Decision is very important to get success in this business,so you should have patience and fresh mind while taking any decision.

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  10. #10
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    Once the trader is making losses on frequent and continuous basis then it is high time that the trader make some necessary amendments in their trades so that they can be able to avoid the losses and thus be able to make some good gains when they are trading in the forex market. It is within the traders hand to keep the trades under their control and also maintain some simple rules which can help them make money.

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