loss can not be eliminated in forex trading. Trading requires a good risk management that will allow us to minimize the risk of forex properly. For that, we need to always use Sl and Tp when trading so that we will be able to minimize the risk well
Printable View
loss can not be eliminated in forex trading. Trading requires a good risk management that will allow us to minimize the risk of forex properly. For that, we need to always use Sl and Tp when trading so that we will be able to minimize the risk well
Don't repeat your mistakes, it is as simple as that, you don't need to do what you have done in the past, also chose a Good Broker like FBS Markets
Repeated mistakes in trading should be evaluated for the cause so that we can maximize the trading will be done again. Now I am trying to evaluate the weekend after a five-day trading on TICKMILL. In history there are losses and profit and I prefer to evaluate the losses that I have received and conducted a search of the cause of such loss
Evaluation should be done regularly it caused every trader needs to knows what the mistake is done by trader itself, and to find the way for fixing this particular mistake. Not all of trader know what should he do for his account when it's going to down, so evaluate the recent activities of his trading will make some improvement for his daily trading activities
we need to do an evaluation with the evaluation of trading because then we will be able to improve our trading mistake, therefore, we need to utilize weekend time to do the evaluation. so the losses will be minimized by good
No one can really ever avoid losing, it is just not possible and if we over try things then we will make it worse. I believe the most successful person is one who carries himself well in difficult situations; it is too easy to handle stuff when everything works nicely, but real quality is out when the going gets tough. I don’t have to worry all that much especially to do with OctaFX broker and their thrilling rebate program where I am able to earn 15 dollars profits per lot size trade, it includes the losing trade as well, so that’s pretty awesome and makes me work in the most comfortable way I can ever wish for and that’s in any situation.
We must minimize the risks that exist in the forex business that has a big risk to lose money. Now we can maximize the trading system by learning using a variety of guides which spread across the internet. one of which we can learn by using webinar
As a intelligent trader we must know how to minimize the risk of forex trading, we never know what will happened on the next hours. Even a view minutes. so for anticipating this risk of forex, we should know the characteristics of the chart movement. and finally we should apply sl and tp as good as possible for every trading activities
Losses can be avoided if you ar enot repeating your mistakes in Trading world, and chose a Good Broker like FBS for the success
loss can not we eliminate in trading forex. But we can try to minimize the risk of loss by having a good management such as using Sl when trading so that we can minimize the loss well. So that, we can trade with a maximum
To aoid the losses we should do not rush to make a profit because of the forex business requires patience, discipline, as well as in-depth analysis before opening order. I am now trying to maintain the proper trading techniques so that the facilities given by TICKMILL can be utilized as much as possible
Cheetoz, I believe understanding charts is far from just experience, I think it’s more about knowledge side than to do with experience, when we talk about Fundamental analysis, it’s more like with experience but when it comes to technical, it’s a lot more input in terms of education that’s needed, if we want to go with guess work then perhaps we can say experience can be crucial, but in proper way education is first key. I gained plenty of experience with OctaFX broker participating on their demo contest regularly, but the real improvement for me came with their educational guides and after gaining enough education, I consider myself better trader and that’s what makes me seriously comfortable and allows me to succeed easily.
basically we had to take control of the forex trading from the bottom and then we have to master a technical so that we can trade it better then when it comes news of course, we must master the fundamentals and make profits from trading which we though had to use a technical or fundamental
You cannot tradeon a demo account. It is better to openцентовый счет.
You cannot trade on a demo account. It is better to open cent account.
We need not to worry about losses, we need to concentrate on winning, if we do that then everything else is going to work just fine, but if we waste time on how to avoid losses than we will miss chance of winning, so we need to be positive and just learn from losses instead of worrying about it.
well, because with continued positive view on something, it would also be a positive impact for ktia, we must continue to concentrate on the goals we want to accomplish lest we get too focused on the missing funds, but should focus on replacing the missing funds
We need to understand how to minimize the risk. surely Money management and risk management are the key for us to get profit in forex. But do not forget we need to have good skills in analyzing market. Freshforex provide analytic which is updated everyday. You can check here https://freshforex.com/analitics/
There are no options to avoid losses, the only thing we can do is to minimize it. If our attempts are to entirely remove the risk then be it sad but let it be real that it’s not going to be possible. I believe even the greatest of greatest traders lose, but losses are never meant to be taken negatively or we should be discouraged, I believe it’s only losses which will open our eye towards bigger prize, but if we start fearing due to losses than we will let go the bigger opportunities. I fear losing a lot, but have managed to hold myself well and it’s also to do with OctaFX broker especially their rebate scheme where I get 50% back on all trades, it’s really like able.
I believe it all starts with education and experience, but never imagine zero losses; it’s not possible even for experts. It’s not even needed actually, I believe if we are wish to be successful than we need to win genuinely and when we do that than in between losses doesn’t affect us. I struggled in early phase of my career, but have really recovered well since then especially ever since I joined Manhattan Global Markets company, it’s pretty world class having straight forward structure with no show off and is a true STP, so pretty helpful to work with such highly bank able company.
Good trading capabilities, will allow us to maximize our results in this forex trading. But to get a good trading skills also need a process, traders will not be able to get it easily. During the trading experience should also be maximized
we need to do an evaluation with the evaluation of trading because then we will be able to improve our trading mistake, therefore, we need to utilize weekend time to do the evaluation. so the losses will be minimized by good
As a intelligent trader we must know how to minimize the risk of forex trading, we never know what will happened on the next hours. Even a view minutes
disturbances and also influence will always affect our emotions in trading, then from that trader should be able to still get fit before entering the market and prepare well, so it will provide a good opportunity to manage chart
I don’t really think we could avoid losses to full extent, but we can definitely reduce it and that’s only through education or experience. I am just learning up my trades, therefore, I am using excellent alternative in PAMM/MAM Account with TradeWiseFX, it’s beautiful and really helpful as far making profit is connected.
As a intelligent trader we must know how to minimize the risk of forex trading, we never know what will happened on the next hours. Even a view minutes.
with more leverage more we can get a more optimal trading conditions, if we remain positive on our trading activities certainly can be optimized again results in forex trading
To avoid loses in Forex, proper guidance is required for making profits in Forex trading. Experts say, Learn before Earn. so It is mandatory to Learn Forex jumping on real trading. I have been continuing my Career as a Forex trader for few years and Ticker.tv helped me a lot learning 'how to trade like a Pro'. Following their nearly 100 channels and more than 3,000 videos, I learned many things with them. and Obviously these courses come for FREE. http://ticker.tv/cistrader
Yes mate, I am also in love with the features TradeWiseFX have in offering and is one of the biggest reasons why they are so much popular amongst newbies. We can start up with them with as low as $25, so I guess you can definitely give it a go with their ECN Pro Account that comes with zero spreads; it’s just awesome in every way.
If choosing a broker then should that make us feel comfortable, do not let us feel uncomfortable because it does not comply with the trading conditions that we want, it is very difficult to because it requires understanding of the broker in advance, I also gained after learning Tickmill so I decided to make trades here bro
We don’t avoid losses instead it’s just decreased to low levels. I believe if we do that than we are in good zone. I always try to trade with solid strategy and planning, it’s what has helped me work out nicely and minimize the losses. When we drop the losing rate than only thing left is the winning rate and that’s where I am getting high. I am lucky enough to work with broker like OctaFX which is all very special with having small spreads from 0.1 pips to high leverage up to 1.500 while there is also rebate program where I get 50% back on all trades even the losing one too, so that’s why I like it so much.
yes, we do need to minimize the loss in foreign exchange, with a small capital and always use the SL then loss can be minimized by good. That way we will succeed in this business. loss can not be separated from the forex, so it is necessary for us to always use SL when trading
Minimize the risk must be done by trader. We must understand how to minimize them. Surely, we need to learn first. We can try to use demo account or use small amount in real account