Is there a cure for losses?

Discussion in 'For novice traders' started by Roman Rias, Sep 21, 2017.

  1. liafatlouie

    liafatlouie Member

    Usually, before forex trading, I read the economic calendar from Freshforex. Are there analysis suggestions that I should learn so that my trading skills improve?
     
  2. liafatlouie

    liafatlouie Member

    Our conversation on the thread was interrupted by obscure advertisements. We recommend that if you want to advertise in a special thread that has been provided. Here we discuss strategies for success in the forex business.
     
  3. Tengkorakfx

    Tengkorakfx Active Member

    Yes, this is great to anticipate bigger movements later. Try not to trade on news unless you know on how to manage the risks as well as analyzing the market prior.
     
  4. liafatlouie

    liafatlouie Member

    With big news traders usually get a lot of profit if the analysis is made right, but not all brokers allow this, because at XM broker the profit from trading by the news is canceled and banned account forever.
     
  5. broforex

    broforex Member

    If you always losses in forex, then what you need to do is look for a profitable trading system, and apply the trading system to the pairs (currency pairs) that you have tested (backtest).
     
  6. liafatlouie

    liafatlouie Member

    A trader, besides investing money, is also time, because a trader must always learn and tested the good trading system so that trading skills improve.
     
  7. broforex

    broforex Member

    Many traders don't realize that when trading forex losses continuously, it can happen because of a fatal mistake when changing perspectives in the analysis they make. instead of paying attention to the time frame, it actually makes the time frame display smaller in order to get a faster signal.
     
  8. liafatlouie

    liafatlouie Member

    In what time frame do you think we should trade?
    Is scalping suitable for use on any time frame?
     
  9. broforex

    broforex Member

    The first thing you have to do to rise from a losing streak is to know what kind of loss you are experiencing. Basically, there are 2 types of losses that traders often experience, namely normal types of losses and types of losses due to emotional influence or emotional losses.
     
  10. liafatlouie

    liafatlouie Member

    If you force trading in an emotional state, many will accept losses, preferably if the loss streak stops for a moment, don't force yourself.
     
  11. andengireng

    andengireng Member

    Let's just say that loss is your trading cost; operational costs that must be incurred to get a profit. Loss sometimes cannot be avoided and controlled. But it is important to remember, don't cut losses when you are panicking, especially when trading in bad conditions. Do this when market conditions have given a signal that a cut loss is necessary. If you let panic control and dominate your feelings about trading, it will be catastrophic.
     
  12. liafatlouie

    liafatlouie Member

    The worst position of trading if it is hit by a margin call, it needs careful evaluation so that the same error does not occur.
     
  13. broforex

    broforex Member

    Yes, Agree. This is trading, you can not win every time or loss every time, just enjoy your trading activity and still use your best strategy and your money management.
     
  14. liafatlouie

    liafatlouie Member

    Often forex trading will add to our forex trading experience, we will definitely find the right trading strategy pattern for us, always manage money well in our trading transactions.
     
  15. broforex

    broforex Member

    If you are still not aware of the mistakes that have occurred or that you have made yourself, it will usually be a little difficult to be able to open the way. They will prefer to blindly trade systems or the skills they have. If this is the case, trading forex losses will continue to be experienced by traders and make bigger losses.
     
  16. liafatlouie

    liafatlouie Member

    Agree, trading carelessly will make a lot of big losses.
     
  17. broforex

    broforex Member

    When someone tries to protect themselves from fear, they choose to step back and return to their comfort zone. He stopped being responsible for the mistakes that happened and tried to blame someone else or something. In the end we try to find the easiest way to solve it.
     
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  19. liafatlouie

    liafatlouie Member

    Even though traders will learn a lot from their mistakes and evaluate their trading results.
     
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