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Thread: Cut your losses

  1. #11
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    This is a thing that most of the traders understand after continuous loses in forex market, because most of the traders don't want to lose their money and if they set stop loss then it means that they will lose their money, and they don't dare to lose, they just want to win each and every trade. This thing cause so many psychological problems in a trader.

  2. #12
    Do CUT LOSS if after re-analysis, the price will continue to move against your position
    If it was your decision to do CUT LOSS TRUE, it means you have to prevent yourself from greater losses
    If it was your decision to do CUT ANY LOSS, meaning you have to prevent yourself in terms of reducing the current losses (or even reach the profit). This means that the price will move in the direction of your initial expectations.

  3. #13
    Quote Originally Posted by mehwishraheel View Post
    This is a thing that most of the traders understand after continuous loses in forex market, because most of the traders don't want to lose their money and if they set stop loss then it means that they will lose their money, and they don't dare to lose, they just want to win each and every trade. This thing cause so many psychological problems in a trader.
    Yes that's right. There is a misunderstanding in this case, I was among those who misunderstood about the stop loss when I was a beginner, I just thought that I accept the loss if I use a stop loss, then I do not use a stop loss. I just think that my current amount of investment is as balance, not equity.
    If you lose, be patient. If you win, stay humble

  4. #14
    It is always very much essential for all the traders that they make sure to cut down on their losing trades such that making good gains becomes possible and they may also scale up their gains to a much better extent such that reaching their trading portfolio becomes possible. It is always every traders dream to gather good account portfolio such that the gains generated from such account is sufficiently good enough for making considerable gains.

  5. #15
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    Quote Originally Posted by rinaji View Post
    Yes that's right. There is a misunderstanding in this case, I was among those who misunderstood about the stop loss when I was a beginner, I just thought that I accept the loss if I use a stop loss, then I do not use a stop loss. I just think that my current amount of investment is as balance, not equity.
    This is a normal thing that every new trader think about, and this is human psychology that he thinks about those things which are in his favor, if he has fear in his brain then he will think about negative all the time, we know that we use stop loss to cut the loss, but why don't we think about trailing stop? this stop is not for loss, this is to reduce risk.

  6. #16
    Quote Originally Posted by Ashviniurs View Post
    It is always very much essential for all the traders that they make sure to cut down on their losing trades such that making good gains becomes possible and they may also scale up their gains to a much better extent such that reaching their trading portfolio becomes possible. It is always every traders dream to gather good account portfolio such that the gains generated from such account is sufficiently good enough for making considerable gains.
    profit and loss is part of forex but what ever happens do not loose hope and always be confident that you will get profit if you work hard. I like forex because i can make a lot of money from here just using the proper strategy. Besides for earning that money, i also need not to go outside. The another reason for why i like forex is - i can trade here with my full freedom which i like most.

  7. #17
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    Quote Originally Posted by ngalapreceh View Post
    profit and loss is part of forex but what ever happens do not loose hope and always be confident that you will get profit if you work hard. I like forex because i can make a lot of money from here just using the proper strategy. Besides for earning that money, i also need not to go outside. The another reason for why i like forex is - i can trade here with my full freedom which i like most.
    Well, this is the hope that stick me to this market, otherwise I wouldn't be able to get in touch with you folks, I used to be a loser and at that time I lost my hopes several times, but I revive myself and then thought about learning it first, then I realized that I took right decision, and after five years, I still am in this market. :)

  8. #18
    Quote Originally Posted by mehwishraheel View Post
    Well, this is the hope that stick me to this market, otherwise I wouldn't be able to get in touch with you folks, I used to be a loser and at that time I lost my hopes several times, but I revive myself and then thought about learning it first, then I realized that I took right decision, and after five years, I still am in this market. :)
    we can learn from loss, we have to know the cause of loss, and conduct evaluation. learn must help you to earn a lot of money.the advantages of learning is you can know every things about the business.learning is a such kind of way that provide you make perfect.so before join here you must learn full fill knowledge of forex trading.it is the first step for the new traders.

  9. #19
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    Quote Originally Posted by ngalapreceh View Post
    we can learn from loss, we have to know the cause of loss, and conduct evaluation. learn must help you to earn a lot of money.the advantages of learning is you can know every things about the business.learning is a such kind of way that provide you make perfect.so before join here you must learn full fill knowledge of forex trading.it is the first step for the new traders.
    If you want to learn from loses then you will need to learn how to control your emotions, because whenever you face loses then the first thing that you face is your emotion, you get angry, you feel too much frustration, you feel tiredness and you think how to cover the loss immediately, so if you don't have these emotions in your mind then you will understand the reasons behind the loses.

  10. #20
    It is happen to the most o the trade and they understood continuously loss in Forex market, as most of the trader did not want to loss their money and that is why they place your stop lose and it might be right for sometime. If we allow our account to free which might face margin call and account will stop for sometime but it is very careless thing to do in Forex we should try to avoid such type of act which result we can earn more money in Forex Trading.

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