How do you handle your losses?

inggo

Banned
Jan 13, 2012
498
12
59
Philippinese
loses will happen one way or another, there is no such thing as a 100% winning rate, even at 99% (though impossible) remember there is still a 1% margin for loses, when you get that mind set and realize there is no avoiding loses no matter what then it becomes easier to generate a basic conclusion to live with a lose, better yet learn from a lose and let go. thats what i do, "Treat each trade like its your first" dont look back at loses.
 

radex78

Banned
Nov 15, 2015
676
17
54
46
Loss os part in trading, but still many trader they struggle to making profit and minimize loss possibility with dept learning and making trial and error, forex trading is like as the art business although all trader faced with same kinds market condition but different trader might different method to analyze the market and decided their strategy
 

aqibFXmart

Trader
Jul 5, 2016
28
2
9
35
I always handle the loss that I received. because I was always a cap on a loss. in fact, the loss is not a scary thing if we have implemented...
 

radex78

Banned
Nov 15, 2015
676
17
54
46
Although forex business as risky business but as trader still can use risk management to manage the risk in trading, because loss sometime inevitable and loss is part in trading, how to handle loss as trader might use stop loss or cut loss if likely their order against the trend.
 

aqibFXmart

Trader
Jul 5, 2016
28
2
9
35
I trade a lot to turn my loss into profit. It is the only way to earn more money and handle your losses.
if you previously experienced loss. then you should focus on recovering loss. but you do not change the volume of trade. continue to use the trading plan. only if this is the case, then you should find plenty of ways to restore the loss. only then enlarge profit gains.
 
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Reactions: Brads

radex78

Banned
Nov 15, 2015
676
17
54
46
if you previously experienced loss. then you should focus on recovering loss. but you do not change the volume of trade. continue to use the trading plan. only if this is the case, then you should find plenty of ways to restore the loss. only then enlarge profit gains.
It will better trade with keep plan trading based on risk management and money management although faced with loss, revenge with use bigger lot size it will not good idea and often causing loss again and will loss higher usually, forex trading is like as education investment which this about how to manage the risk
 

Brads

Active Trader
Jul 4, 2016
295
4
29
35
India
Absolutely right, that's what I am trying to say, you need to trade more accurately and turn your losses into profits. You need to grab each and every opportunity which came across you and turn it in your favor.
 

radex78

Banned
Nov 15, 2015
676
17
54
46
Yes most effective trading to making profit is make accurate analysis, if any trader can do it with higher accurate hence will can handle loss and increasing profit, but this not easy maybe and need research system trading
 

aqibFXmart

Trader
Jul 5, 2016
28
2
9
35
Yes most effective trading to making profit is make accurate analysis, if any trader can do it with higher accurate hence will can handle loss and increasing profit, but this not easy maybe and need research system trading
to avoid the loss, it will require a good emotional trading. because the loss will make us think badly for revenge and open positions without good analysis.
 

radex78

Banned
Nov 15, 2015
676
17
54
46
Control emotion is good way to manage trading, many trader fail also because they can't control their emotion and having tendencies to become reckless trader with open trades without deep analysis and only tempted by movement
 

ArslanKemal

Trader
Aug 3, 2016
31
1
12
34
a glass of whisky or cognac can help to handle losses:) But the best way to handle losses is to be prepared for them... money comes, money leaves.. one day the loss will return into profit)
 

radex78

Banned
Nov 15, 2015
676
17
54
46
No I think whisky only will making you fly on confuse, alcohol is not good to healthy, good forex trader they having good mindset about loss, and keep calm minds with patience.
 

Twin butterfly

Active Trader
Apr 11, 2016
366
7
29
36
To cover up our losses, first we need to control our emotions and take break from market then trade with fresh mind so that we can have positive trading to earn profit with it.
 

Brads

Active Trader
Jul 4, 2016
295
4
29
35
India
Absolutely, one of the most important aspects of forex trading is to remain calm and do it with patience and not let your anger take over as you may face huge losses through one single bad trade.
 

radex78

Banned
Nov 15, 2015
676
17
54
46
Absolutely, one of the most important aspects of forex trading is to remain calm and do it with patience and not let your anger take over as you may face huge losses through one single bad trade.
Sometime anger appear because suffering with succissive loses, as human nature if having emotion, but yes remain calm actually is good and as trader also must accept the risk that appear
 

Twin butterfly

Active Trader
Apr 11, 2016
366
7
29
36
Handling loss is not easy part in Forex trading, one need to focus on so many things like emotions, money management, risk management, etc.. A skill trader can easily do it with powerful mind.
 

radex78

Banned
Nov 15, 2015
676
17
54
46
Handling loss is not easy part in Forex trading, one need to focus on so many things like emotions, money management, risk management, etc.. A skill trader can easily do it with powerful mind.
Yes loss also as part in trading which sometime inevitable, loss occured because many factor also like as greedy, we trade recklessly and can't discipline to trade with system trading and also because still often making bad analysis, trading is like as art to control own selves to handle account
 

Lawrence

Active Trader
Aug 20, 2015
169
7
34
Yes loss also as part in trading which sometime inevitable, loss occured because many factor also like as greedy, we trade recklessly and can't discipline to trade with system trading and also because still often making bad analysis, trading is like as art to control own selves to handle account

The losses that we get from doing our trades can come down if we will make use of the stop losses in our trades and also know that not everyday we will have a trading opportunity with us.