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General Forex Discussion
Losses are part of trading
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[QUOTE="Rob Taylor, post: 48572, member: 18072"] Its an interesting subject, and can have a big impact on your trading performance. Lets turn the question on its head. A lot of people only really focus on the losing trades, but winning trades can also have an impact on your trading performance. For example, the more winning trades you have, the more confident you can become, which can lead to over confidence, and lead to taking more risky trades. The other side of the coin is when you have a series of winning trades, you want to keep that record intact, so you can miss out on some good opportunities by waiting too long for the perfect trade, to protect your winning streak. At the end of the day you have to have a method that you are confident in, and you have to trade mechanically based on that, and measure your success in pips at the end of each week. Win or lose if you are consistently banking pips, week in week out, then you have to be happy with that i feel. [/QUOTE]
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