Thread: Are you afraid of losing in forex?

When we select to work in forex then we must dare to lose, forex is a business that has a high risk so as to be successful in forex trading then we need to take risks. Therefore, to start trading would be better if we can trade using the capital that we are ready to lose

Originally Posted by Ray Wilkins

When we select to work in forex then we must dare to lose, forex is a business that has a high risk so as to be successful in forex trading then we need to take risks. Therefore, to start trading would be better if we can trade using the capital that we are ready to lose

And consider both of your profits and losses as part of your career. Evaluate them monthly/weekly or even daily so you could prevent a same mistake in your trading...

No,If you have a Good Broker then you don't need to be afraid of these sort of things, so trade with a good broker like FBS Markets

Originally Posted by Rahul247

No,If you have a Good Broker then you don't need to be afraid of these sort of things,

Yeah, good trader just a part of good things for traders. The most important is you need to improve yourself more and more in order to minimize your losses in your future trading...

Loss is the part of every business. In Forex we can avoid loss by making and following some good strategies which enables us to trade more properly in future. We have to learn from our past mistakes which help us not to repeat same mistake in while trading.

Originally Posted by Uncle Gober

Loss is the part of every business. In Forex we can avoid loss by making and following some good strategies which enables us to trade more properly in future. We have to learn from our past mistakes which help us not to repeat same mistake in while trading.

Yeah. A good evaluation creates a better trade in the future. That's why we need to Take your Forex Losses Like a Man...

Originally Posted by Uncle Gober

Loss is the part of every business. In Forex we can avoid loss by making and following some good strategies which enables us to trade more properly in future. We have to learn from our past mistakes which help us not to repeat same mistake in while trading.

Agree. Consider it as a part of your trading career, learn from it and you might do better trade in the future...

Once you realize that loss is part of the business and that there will be times when your wrong, then you should be fine. The Problem alot of new traders have is that they tend to take losses personally When because of their fear of loss or being wrong, but if you have. confidence in your strategy and money management then over time you build an immunity to those fears which can foster the behaviors of good traders. Moreover, a Good & Safe broker like CMTrading is always recommended to trade even on extreme market conditions.

Originally Posted by Harys Mumtaz

Once you realize that loss is part of the business and that there will be times when your wrong, then you should be fine. The Problem alot of new traders have is that they tend to take losses personally When because of their fear of loss or being wrong, but if you have. confidence in your strategy and money management then over time you build an immunity to those fears which can foster the behaviors of good traders.

Practice makes it perfect. The more you practice, the less fear you will feel.
And about the newbie's problems, they need to find some peers to encourage them to do more in this business...