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  1. #1
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    Default Whom do you blame for you losses ?

    Normally the losers have many thing to blame for the reason of their loss. Normally a trader do blame his broker and sometimes even the Forex market is blamed by traders. Whatever might be the reason of loss but a loser will always blame other and he would never admit his own fault. That is the fact and that's happen to everyone.
    I think rather then blaming others one should consider his own faults and his own wrong doings for a loss. And the thought behind this should be to decrease these mistakes not to blaming yourselves.

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    Senior Member shere0901's Avatar
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    Whenever we make losses in forex trading we should not blaim anybody for our losses,but what we must be striving to do is to find out the causes of such loss and finding a way to prevent future occurence.

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    Senior Investor Uncle Gober's Avatar
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    Quote Originally Posted by shere0901 View Post
    Whenever we make losses in forex trading we should not blaim anybody for our losses,but what we must be striving to do is to find out the causes of such loss and finding a way to prevent future occurence.
    Yep, we should't blamed anyone. Our loss is a natural, and apart of this business. But if we always loss, we need to check our understanding about the forex markets and trading system that we are using right now. Or maybe we are not discipline with our plan with our rule. Thatscan be the reason for our loss.

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    I think in forex we fail for your own fault. If i make any losses then i will blame myselft. Because i know if i gain the proper lessone about the forex then victory is mine. In here learning is the power

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    Senior Investor Uncle Gober's Avatar
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    Quote Originally Posted by raybenz1983 View Post
    I think in forex we fail for your own fault. If i make any losses then i will blame myselft. Because i know if i gain the proper lessone about the forex then victory is mine. In here learning is the power
    Yep, so don't blame anyone :)
    There are too many non-predictable events that can impact the market on a daily basis. It is the nature of the market that you will have some days with gains and some days with losses.

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    Junior Member Forex_Analyst's Avatar
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    If I loss I usually blame my greed))

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    Senior Investor Uncle Gober's Avatar
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    Quote Originally Posted by Forex_Analyst View Post
    If I loss I usually blame my greed))
    In fact there are many traders who fail because it factors in addition to the small value of discipline.
    The key to everything is patience, including in forex trading.

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    Senior Investor Kaito Kid's Avatar
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    Quote Originally Posted by Uncle Gober View Post
    In fact there are many traders who fail because it factors in addition to the small value of discipline.
    The key to everything is patience, including in forex trading.
    I agree, the discipline of the trading method and stick with SL and TP rules will reduce the risk. However, traders sometimes forget to do it

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