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Hi guys.
Are you afraid of losing in forex.I have heard some other members said that losing in part of forex.Do you agree?
We may lose some profit now and then,when meeting the losing,are you feel frightened then?Do you have the courage to go on trading in forex?
I find most us traders may be not willing to make orders so easily then.
What about you all?
Yes, i agree. Loss is part of forex trading because forex trading is risky. We should understand about it before deciding to trade in forex trading. Let's make practice using demo account first to know trading atmosphere. Using demo account, we will get trading experience that we can use as learning before trading with real account. We also can take advantages of free capital from broker, such as welcome bonus.
of course yes....but its an inevitable part of forex trading........
if we choose to trade 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
If you are afraid of Losing in the Forex Market then you are in a wrong place,so what you need to do is that you need to take care of this and chose a good broker like FBS Markets.
We need to minimize fear in forex trading this, because fear will only make us experience many losses in forex trading. For that, try to always minimize the fear by trying to trade using small capital used to like $ 5 for mental training
No, I am not afraid of losing because I strongly believe that if we want to be successful then losing needs to be there, it is just not possible to get anything if we are scared. If we lose genuinely then it’s very much okay and we should learn from it, as that’s the best way to go. I always learn lessons from my losses plus having highly rated company like FMbinary.com also helps with their 2-5% guaranteed payout given to us.
lose money in forex, I think it is a natural thing because forex is a business that has a lot of risk, and therefore we need to be able to fight the fear. For that, we need to be able to continue to train with good trading psychology. To be able to train the psychology of trading, we could try trading with small capital used to like $ 1
If yes, then FX Market is not for you because you can also loose in the FX Market and it is not possible to always win, use a good broker, like FBS Markets for winning
Yes, I was scared when I started, but after collecting enough knowledge and experience, I have found way to get rid of fear and any trouble which is what has helped me succeed and I believe that if anyone wants to be successful then having no fear policy is the way to go, but always carry your common sense with you and for me the massive part is OctaFX broker with their 50% bonus on deposit which is very much use able as well.
to succeed then we must not be afraid. fear will only make our trading will not be developed. we must be bold in forex trading. For that, we need to minimize the fear by trying to trade using small capital used to like $ 5
Some of us afraid of losing because we're focusing to reasons to lose too much rather than reasons to win.
That's right, we need to distinguish our fear when trading in forex or we will never take a further step.Quote:
Originally Posted by JenalAripin
I was scared previously but now I don’t really feel much fear and a lot of this has to be because of Nova FX company where they have outstanding Risk Free Trade option available, it is very simple and straight forward to understand since it’s for starting first 3 trades where we can’t lose and in case we do, it is refunded up to 500 dollars which really makes me fearless and allows me to work at my best shape.
Quote:
Originally Posted by Dawlat Ahmadzai
After several trades, you will feel your fear less pressuring. We should dare ourselves to take a risk of our order.
I agree with you Gaban, it is obvious that sometimes we need to go out of our comfort zone, it is the only way we will get success and move ahead in life. I trade with Nova FX broker where I get plenty of help given their features which includes sensational 133% bonus on deposit while they also provide us with daily market news and analysis support, it is really great to follow and puts the risk level very down.Quote:
Originally Posted by gaban
That's right. Out from our comfort zone, take the risk and accept any kind of results. The more you learn, the more you move. You might want to read some useful forex articles in HiWayFX, it's free for everyone...Quote:
Originally Posted by Dawlat Ahmadzai
When you're decided to out from your comfort zone:Quote:
Originally Posted by Luthfi Maung
Let the journey begins.
Let the trial and error begins.
Let the process begins.
Thanks Luthfi for sharing that, I usually enjoy learning no matter where it is from, but you know what with my current broker Nova FX, it is simply awesome with their educational course. It will take you by surprise how well they explain things, I started off from Baby Pips as far learning goes, but ever since I have seen their education way, it has made me shifted here completely, so I believe if you are so much for education then give it a go and best part you don’t need to join them to learn from here.Quote:
Originally Posted by Luthfi Maung
We should never be shared of losing, it is not good at all.
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...Quote:
Originally Posted by Ray Wilkins
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
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...Quote:
Originally Posted by Rahul247
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...Quote:
Originally Posted by Uncle Gober
Agree. Consider it as a part of your trading career, learn from it and you might do better trade in the future...Quote:
Originally Posted by Uncle Gober
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.
Practice makes it perfect. The more you practice, the less fear you will feel.Quote:
Originally Posted by Harys Mumtaz
And about the newbie's problems, they need to find some peers to encourage them to do more in this business...