Vaabum Posted June 19, 2021 Share Posted June 19, 2021 As for me, losses are a quite possible scenario when working in the market. Without this, it is quite difficult to work. Quote Link to comment Share on other sites More sharing options...
e_abrams Posted June 20, 2021 Share Posted June 20, 2021 It depends on the reason for the losses. If one is losing because they got scammed - which happens often in this industry - that is not normal and should not be accepted. That is entirely different from making a mistake in one's analysis. https://deposit-withdraw.com/?s=forex+scam Quote Link to comment Share on other sites More sharing options...
gds221 Posted June 20, 2021 Share Posted June 20, 2021 It should be understood that trading without loss is not the easiest task. This requires knowledge and experience, and most importantly - an understanding of the market. Quote Link to comment Share on other sites More sharing options...
Upoctin Posted June 22, 2021 Share Posted June 22, 2021 We can lose money if we don’t know how to trade. This is the most obvious reason among everything. If you do not know what you are doing then it is best that you do not get into this business at all because even the professional traders still lose money. The difference between an amateur and a professional trader is the amount of their loss. An amateur might lose every penny he had in the trading account while a professional trader will lose just a fraction of his money. Quote Link to comment Share on other sites More sharing options...
gds221 Posted June 22, 2021 Share Posted June 22, 2021 It should be understood that it is quite difficult to work without losses. At least, I actually tried different strategies, but it is as difficult as possible to completely eliminate losses. Quote Link to comment Share on other sites More sharing options...
e_abrams Posted June 22, 2021 Share Posted June 22, 2021 I think it is downright impossible to work without losses altogether. It doesn't happen. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted November 24, 2021 Share Posted November 24, 2021 I believe that this requires a lot of preparation. When I started working with a broker from ExpertOption, I spent enough time to gain experience. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted March 21, 2022 Share Posted March 21, 2022 On 11/24/2021 at 8:08 PM, Vaabum said: I believe that this requires a lot of preparation. When I started working with a broker from ExpertOption, I spent enough time to gain experience. To be able to earn the profits from doing our trading a lot of Efforts will be required by us. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted March 21, 2022 Share Posted March 21, 2022 To achieve a positive result, you need to pay enough attention to gaining experience. For example, for this I spent enough time working with a broker from ExpertOption. Quote Link to comment Share on other sites More sharing options...
Upoctin Posted March 22, 2022 Share Posted March 22, 2022 The main problem for novice traders in the forex market is not to engage in capital management and lack of good knowledge in trading style through capital management in the forex market, and when we talk about capital management, we will talk about the lack of extreme greed that exists and continue to trade for a period without a major loss and be management Capital is the basis for trading and managing capital with a steady plan and a clear plan. This plan is very strong and the daily movement of trade in the global financial markets continues, in which the risk is very large until the profit is large Quote Link to comment Share on other sites More sharing options...
John22 Posted March 22, 2022 Share Posted March 22, 2022 I will always say this, its almost impossible not to encounter loses while trading. The best we can do like many have said here is look for ways to minimize the loses. Quote Link to comment Share on other sites More sharing options...
Upoctin Posted March 24, 2022 Share Posted March 24, 2022 Trading psychology is a huge part of trading and most people are not mentally prepared. When money is on the line, fear, greed, and other emotions make trading very hard. Make sure you understand the emotional aspects of trading and be prepared to control them before you risk your hard-earned money. Quote Link to comment Share on other sites More sharing options...
bigxy Posted March 24, 2022 Share Posted March 24, 2022 Controlling the emotions parts comes up with time spent in the forex trading. Nobody wins in start so we need to prepare our mind and focus on learning and building the skills needed to master forex trading. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted March 25, 2022 Share Posted March 25, 2022 To achieve such a result, the main thing is to pay attention to experience. For example, when I started working with a broker from ExpertOption, I paid a lot of attention to this. Quote Link to comment Share on other sites More sharing options...
boltushkin Posted March 27, 2022 Share Posted March 27, 2022 Yes indeed as trader also need to built up better psychology trading to become successful trader, and trading forex remain risky and not always as trader able making profit in trading so very difficult to making profit without loss, and in daily trading we will trying to making best analysis to making profit but also using stop loss to manage the risk. I use autochartist free software available at my Hotforex platofrm tools to speed up and simplify technical analysis. Quote Link to comment Share on other sites More sharing options...
Upoctin Posted March 28, 2022 Share Posted March 28, 2022 The main problem of novice traders in the forex market is not to engage in capital management and lack of skills and knowledge about how to trade through capital management in the forex market. And when we talk about capital management, we will focus on the lack of extreme greed that exists and to continue to trade without major losses. Capital management is the basis for trading with a steady plan and a clear plan. The daily movement of trade in the global financial markets continues, in which the risk is very large until the profit is high Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted March 28, 2022 Share Posted March 28, 2022 4 hours ago, Upoctin said: The main problem of novice traders in the forex market is not to engage in capital management and lack of skills and knowledge about how to trade through capital management in the forex market. And when we talk about capital management, we will focus on the lack of extreme greed that exists and to continue to trade without major losses. Capital management is the basis for trading with a steady plan and a clear plan. The daily movement of trade in the global financial markets continues, in which the risk is very large until the profit is high We will need to make some Efforts so that the losses we are getting into our trading accounts can get reduced. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted April 1, 2022 Share Posted April 1, 2022 It is important to understand that getting a positive result without losses is quite difficult. For example, when I started working with a broker from ExpertOption, I devoted a lot of time to training. Quote Link to comment Share on other sites More sharing options...
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