Do not afraid to loss

[jdallas156]

As trader, our purpose doing forex trading is of course getting profit. BUt, have you ever think that loss is also a part of those profit? There are many strategy that use first open with smaller lot and second with bigger lot (martingale), etc. If we are confident with our open position, why didn't we open big lot from the first time? Afraid of losing?
Always remember that forex is a business with "risk" and "loss" factor. If you didn't want to accept your loss (in this case stop loss), usually you will open your own graveyard for margin call. If you already make an analysis, try to accept it and never move your stop loss farther from running price. Accept your loss now and you can recover your loss later.

 

[fsforexstrikerreview]

i am a risk taker so do afraid to lose money! You win some you lose some that's the game of FOREX trading.

 

[krecex]

True, we should not be afraid to lose money. Only if you treat Forex like a game, you will be afraid of losing money. But we have to be smart. Not to lose lot of money. You can minimize the lose during practice with demo account.

 

[4xtradingcoach]

The subject of losses is quite subjective.

There are so many reasons for experiencing a loss.
Was the loss due to a trading system that doesn't perform that well to begin with?
Was the loss due to your lack of understanding the strategy in the first place?
Was the loss due to your own personal environment, like are you trading while you are going thru a divorce or something like that where you can't focus to begin with?

There are also many strategies for dealing with losses that include how to properly minimize losses.
This is all very complex and involves a complete understanding of yourself, your abilities and knowing the limits of the trading system you are using


4xtradingcoach

 

[autotrader1]

Forex is a Money investment game. Making profits and losses is part of this investment. No risk, no gain and the higher the risk the higher the gains are. As a trader, we must accept losses in order to profits. A trader must have good risk and money management in order to succeed in forex. Nevertheless, if the trading is due to negligence or wrong analysis or adverse market conditions, we have to accept our losses and "STOP-LOSS". Dont blame others or the market for our losses. When we incurr losses in our trading, its no use crying over spilled milk; we must face the fact that we hav loss and analyze why we loss and learnt from our mistakes.

 

[candle7779]

I always afraid to loose my money and of course in this case I fail. It is psychological aspect.

 

[autotrader1]

As trader, our purpose doing forex trading is of course getting profit. BUt, have you ever think that loss is also a part of those profit? There are many strategy that use first open with smaller lot and second with bigger lot (martingale), etc. If we are confident with our open position, why didn't we open big lot from the first time? Afraid of losing?
Always remember that forex is a business with "risk" and "loss" factor. If you didn't want to accept your loss (in this case stop loss), usually you will open your own graveyard for margin call. If you already make an analysis, try to accept it and never move your stop loss farther from running price. Accept your loss now and you can recover your loss later.

Managing risk is very important in forex trading. As a tradr we must learnt to face losses. A trader must not over trade. Over trading is an invitation to margin call. Try to trade within 20% of your equity

 

[Fxpipper]

Yes, as every trader knows, you lose some, you win some..the challenge lies in ensuring that you win more than the other sort.
As a beginner, chances are you'll lose more often, but with experience, you should start netting more pips. And remember, the higher the leverage, greater the risk..

 

[Andrew]

Indeed "Afraid to loss" means afraid to move forward,every loss make our analytical skill and decision making ablity more powerful which help us to grabbing the market.

 

[autotrader1]

Profits and losses are part of forex trading. A trader must learn to accept losses. In order to be a successful trader, besides making profits a trader must be able to accept losses. The most important is you must be able to control your risk to set your losses to minimal.

 

[jacobw]

do not be afraid, but do as many risk controls as possible. HEDGE!

 

[SamForexTrader]

If you decided to trade in Forex market, then know that you will lose. What is important is to minimize your loss, never avoid losses, it's impossible.

 

[Rambo35]

Fear is a great reason for failure. Those who are scared should not trade to begin with.

 

[tarek4545]

i am a risk taker so do afraid to lose money! You win some you lose some that's the game of FOREX trading.

I am totally agree with your because in business risk is always inviolable and trading is gamble.

 

[ituglobal]

do not be afraid, but do as many risk controls as possible. HEDGE!

Could you simply explain to us how you make money by hedging?

 

[michael77]

As trader, our purpose doing forex trading is of course getting profit. BUt, have you ever think that loss is also a part of those profit? There are many strategy that use first open with smaller lot and second with bigger lot (martingale), etc. If we are confident with our open position, why didn't we open big lot from the first time? Afraid of losing?
Always remember that forex is a business with "risk" and "loss" factor. If you didn't want to accept your loss (in this case stop loss), usually you will open your own graveyard for margin call. If you already make an analysis, try to accept it and never move your stop loss farther from running price. Accept your loss now and you can recover your loss later.

Dude, take a calculated risk. That is quite different from being rush. Yes, even the most experienced trader can't win each of every trade they open but does it mean that you need to measure the depth of a sea by your two feet?

 

[ddeeen]

Could you simply explain to us how you make money by hedging?

It's difficult if hedging in manual, The best is using Hedging EA, it's better,simple,and fast for operating...
If manual, you will miss the market and going on the hell soon...

 

[Moving Avarice]

Also, we tend to pay more attention to the situation surrounding a loss, and so can learn something from it, in the case of wins most people just attribute them to their own trading prowess so noting is gained besides the profit. That's the great thing about this game, financially we profit from winning and as far as our skills are concerned, these profit most from losing. Every experienced trader has a few bank balance scars to show....

 

[Rambo35]

It's difficult if hedging in manual, The best is using Hedging EA, it's better,simple,and fast for operating...
If manual, you will miss the market and going on the hell soon...

I disagree, if you can't hedge manually you should not be hedging at all.

 

[Rockefeller]

When I started It was hard for me to get used to losses. Now I am used to losses what occur from time to time.