Thread: How to avoid loses in forex

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

Originally Posted by Uncle Gober

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

to be able to analyze well of course, we must be able to read market movements well too, it is unlikely that anyone read chart without trading experience

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.

Originally Posted by Billy Prince

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.

Originally Posted by oaiprofit

You cannot trade on a demo account. It is better to open cent account.

we can learn trading on a demo account because it is not at risk, and how it works exactly the same as the real account and we can get a lesson tentan forex trading from there, might as well use a cent account but will still spend capital

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.

Originally Posted by Clark Kent

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