How do you handle your losses?
- Thread starter Rambo35
- Start date
- Watchers 73
Yes will good if any trader always consider with risk management, in fact trend market sometime move not like as expected and if tarde without risk management might will occur big loss, as trader beside need to learn the trend market also they learn how to manage the risk in trading
Good conclusion. Good book about risk management.
Understanding and Managing Risk Attitude
by David Hillson
Sometimes its too hard to stick the discipline but we must for to earning.
I second this question, when did this start, how does it work, its really secured ..etc?
Yes indeed, it's about emotion or psychology trading, keep discipline is not easy but must for getting better result because if after discipline still fail hence will learn more to understand why still fail
With experience and patience we can handle the loss because here we have to face all the hurdles and if we can't surpass those ,we are the losers ,for that its a must that traders have to gain the confidence and earn the skill so that they can get rid of losses.Not so easy task but if we can practice a lot we can do that for sure .
Experience help much to built up better psychology trading also, maybe will different since as trader as beginner usually faced with difficulties about how to trade and might will making many mistake like as cut profit to short but let loss more without cut loss
loses if they happen i just leanred to let them go like a bad break up and move on to the next, holding on to a bad lose can lead to more loses in my opinion so just walk away
We must deal with it and try to gain knowledge from every loss by learning the reason for that loss and never repeat it again .
yes. place stop loss and take profit for every order. I'm greedy, i often regret both when I'm winning or lossing with the thought that I might earn more and lose less
) anyway, how many pips do you often place TP and SLUsually I will look on support and reistance on 15M timeframe, but there are certain trader which he dare to trade without stop loss and will cut loss if price against order on certain point but still waiting on these pointyes. place stop loss and take profit for every order. I'm greedy, i often regret both when I'm winning or lossing with the thought that I might earn more and lose less
When you are a forex trader losses are part of the game. Begin with your system. If you are trading without a clear strategy it is impossible to pick apart your trades and determine what went wrong.
I think, loss is learning process, if you learn from your losses you wont make make the same mistake again but a different one.
Yes I am agree if loss in business is step for learning process, and learn from mistake will giving new valuable lesson in our experience, repeated same mistake is stupid way, but sometime still often done
Iy's very good to keep with calm minds after loss, because if only following emotion in trades which leading to become reckless with use bigger lot size it's only like sa want to revenge and this is not wise decision
Most investors keep experimenting with different trading strategies and models to determine what works. The first rule of risk management is that you can not afford to lose the money. High Leverage and Margin start, continue. Yes, it is, but the damage.
Similar threads
