budado Posted July 1, 2014 Share Posted July 1, 2014 Turning a winning losing trade to a winning trade is something that is quite tactical a lot of times and I would be most glad if I achieve that feat someday. It doesn't really get much easy to do especially when the trend of the market moves against you. For me, I would rather close my positions and call it quit at that moment. If you ask me its more on luck than a strategy. For me if we do forex trading we need to do analysis first. If we have good analysis then chance are we are not going to experience some negative in the first place. I do recommend that we practice in demo account and not rely too much on luck. I'm sure its can't be sustain if you are losing and end up making profit. Quote Link to comment Share on other sites More sharing options...
standart Posted July 1, 2014 Share Posted July 1, 2014 first is traders accept the loss, if traders remain calm and able to stick with trading strategies, they'll able to recover previous losses. emotions triggered usually when traders suffering loss result, and they are start to take revenge approach by use big margin in trading. if traders able to be calm, gain good result or recover previous loss is easy task. Quote Link to comment Share on other sites More sharing options...
malik Posted July 1, 2014 Share Posted July 1, 2014 I like forex greatly and now I am a student, so I desire to get paid funds from forex beside my study and I hope Will probably be greater for me then I is going to be good results in everyday life and good results in forex current market, so I like forex small business a lot. Quote Link to comment Share on other sites More sharing options...
letter5 Posted July 6, 2014 Share Posted July 6, 2014 well i think that for one to make a loosing trade to a wining trade is in all about practise because for you to make it happen you have to find a way to have the knowledge and skills such as learning from a demo account. Quote Link to comment Share on other sites More sharing options...
budado Posted July 8, 2014 Share Posted July 8, 2014 Your already in losing situation. Do you think you still have a time to study forex trading and try to turn your losing trade into an earning position? I don't think so. For me the best way is just to close your losing position and live to trade for another day. I don't think its worth it to try to trade in forex if you just going to loss. I'm so sure you going to have big earning some day. Quote Link to comment Share on other sites More sharing options...
Decub Posted July 9, 2014 Share Posted July 9, 2014 It is a task almost impossible for most newbies to do and this means that I wouldn't advice for such if you lack the skills. An average newbie can go in for closing his trades when he feels he must have lost the trade than trying to recover. But then, if he posses the skills and pre perquisites to keep patience, then that's fine. Quote Link to comment Share on other sites More sharing options...
standart Posted July 9, 2014 Share Posted July 9, 2014 losses inevitable. there are no traders able to gain 100% profit in trading. market move uncertain and traders can make wrong trading decision. the best is not to pursue 100% winning but tried to make profits more than losses. that's enough to lead traders to stand on profitable level. Quote Link to comment Share on other sites More sharing options...
Decub Posted August 3, 2014 Share Posted August 3, 2014 Someone who is always capable of achieving this is really worth going with. Sometime, we might just discover that we ended up losing instead of turning the losing trade. The best to do is to have in place a very good risk management plan to take care of that. Quote Link to comment Share on other sites More sharing options...
standart Posted August 3, 2014 Share Posted August 3, 2014 traders trade based on analysis. point out the trend and thus, determine good entry level. many things can be happen and if traders can trade on effective way, they will less to doing unnecessary thing in trading. traders will able to gain profits and make the risk of loss remain minimize. Quote Link to comment Share on other sites More sharing options...
tray22 Posted August 3, 2014 Share Posted August 3, 2014 Forex is good and excellent so turning such lossing trade into wining trade is not always easy thou its require experience then we can it very easy through understanding Quote Link to comment Share on other sites More sharing options...
rexway Posted August 4, 2014 Share Posted August 4, 2014 Getting succees in forex is not too hard its a matter of determination if you decide that you are going to succeed then you will surely succeed and there is nothing that will stop you from that , forex trading is really one of the best business so we need hardwork to make everything a reality Quote Link to comment Share on other sites More sharing options...
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