Thread: How to avoid loses in forex

Learn Before You Burn
Just because forex is easy to get into doesn't mean that due diligence can be avoided.
Take the Time to Find a Reputable Broker.
Use a Practice Account (demo account)
Protect Your Trading Account.
While there is much focus on making money in forex trading, it is important to learn how to avoid losing money.
Use Reasonable Leverage

Learning is the important factor of Forex. Without knowldge and skills we can not succeed in Forex.If a trader wants to be a successful trader then he should learn the basics of Forex . So keep learning and earning Forex.

If we want to avoid loss we should become skillfulness in Forex. We should more study and practice demo with different chart and strategy. We should understand the market trend properly to earn more without loss. We should risk management and money management properly in Forex.

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I think what u meant was total loss. I dont think any traders can avoid loss (SL) in trading. U only can minimize it. Keep your losses small and u can trade longer

For avoid lose we need concentration. Without concentration we can not do this business. And every trade we we need learning if we learn regular we can avoid lose. In forex trading we can trail demo account. Take a survey and get $5

there are many ways to avoid losses just follow the basic rules that many experienced traders rely on...

Originally Posted by tenkofx

For avoid lose we need concentration. Without concentration we can not do this business. And every trade we we need learning if we learn regular we can avoid lose. In forex trading we can trail demo account. Take a survey and get $5

Yes, i am agree with you and my opinion is also same as you were first learn and then earn and start trading get experience with demo account or demo contest. Currently I am participating in Armada Markets demo contest and link

fear of trading can be caused by several reasons. have a lack of good preparation before trading. so we are afraid to trade. Actually, if we have good trading skills, we do not need to be afraid of trading. for that, we can try trading in a real account with the cent account of tenkofx


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I think there is no one know the market exactly but, so we can manage our trade with risk management that related with money management, we should set the lot size and leverage before trade then we prepare enough resistance for every position we opened but it do after we examine the market chart, if we have good management in set them so we can avoid from loss. Now I'm trying to implement a money management in the contest demo account. Currently I am participating in Armada Markets demo contest and link

i think we can't avoid the loos because loos and profit both are main part of trading business and some time we have chance to gain money and some time we get loss so if we have power to get proper learning process then start trading so we can easily get profit but we can't ignore the loos.