How to Avoid Taking Profits Too Quickly and Staying with Losing Trades Too Long

[pankajbhaban]

�Most of the time I earn a few pips and close out the trade because I want to catch it while it is still profitable. But when the trade goes against me I will hang onto it too long thinking it will come back to profitability but I get scared and close it out so I end up losing more. And then, what�s really frustrating is that the trade ends up moving in the direction of my original trade. How can I learn to �stick with my trade� ?�

This is a great question and it is something that all traders, especially in the beginning, have a challenge with. It is also something that is gained through experience. ("What is the Number One Mistake Forex Traders Make")

A key thing that a trader must do is acknowledge that you will have losing trades. (Learn a strategy to help stay away from losing trades "Breakouts:How to Stay Away from Some Losing Trades")

If a trade moves against you, as a trader you need to be willing to accept that loss just as you are willing to accept the winning trades. Since you are trading with risk capital, money that you can afford to lose, a trader must be OK with that loss as it will not affect their life style one tiny bit. Losses are simply a part of trading.

(If you are not trading with risk capital, stop trading!)

Once a trader accepts that concept, they will be more inclined to let a trade �play out� and not jump at the chance to lock in a tiny bit of profit or become distraught as a trade begins to move against them and close out the position.

Next, be certain that you are taking only the higher probability trades, those that are in the direction of the trend, and that your entries are based on a solid technical reason such as a break of support or resistance.

When a trader knows that they are trading a pair that is in a strong trend, they will have the courage of their conviction to be able to �stick with the trade� as it is in a strong trend. (This does not mean that sticking with a trade in the direction of the trend will insure a winning trade. It does mean, however, that you will be taking trades that have a greater potential for success.)

Once you have decided on the higher probability pair you will trade and know where you will place your initial stop and limit, when the trade executes�leave it alone! Promise yourself that you will only let the trade limit out or be stopped out.

Lastly, be sure that you are following the principles of Money Management. So when the losing trades occur, your losses will be small and manageable.

Practice this discipline many, many times in a Demo account until you become comfortable with it.

:woo:

[raka999]

often, we can not accept the losses we experience. because it is human nature to not want to lose. but, we should realize, that in any business, the potential loss or risk is certainly there. we should be able to reduce that risk, not eliminate it. good advice. Thank you, brother.

[pankajbhaban]

To imply this in your trading try making risk / reward ratio as small as possible, look for larger profits and smaller stops.

[ermaniso2011]

one of the mistake traders are doing is when they place an order so they are expecting that the market have to go that direction always.and when some pull back happen they will quit immediately then they can see that their canceled target will be hit later on.so we really dont have to blame the market.we have to accept the nature of the market and study on it.then everything will be better.

[waqtitrader]

“Most of the time I earn a few pips and close out the trade because I want to catch it while it is still profitable. But when the trade goes against me I will hang onto it too long thinking it will come back to profitability but I get scared and close it out so I end up losing more. And then, what’s really frustrating is that the trade ends up moving in the direction of my original trade. How can I learn to ‘stick with my trade’ ?”

This is a great question and it is something that all traders, especially in the beginning, have a challenge with. It is also something that is gained through experience. ("What is the Number One Mistake Forex Traders Make")

A key thing that a trader must do is acknowledge that you will have losing trades. (Learn a strategy to help stay away from losing trades "Breakouts:How to Stay Away from Some Losing Trades")

If a trade moves against you, as a trader you need to be willing to accept that loss just as you are willing to accept the winning trades. Since you are trading with risk capital, money that you can afford to lose, a trader must be OK with that loss as it will not affect their life style one tiny bit. Losses are simply a part of trading.

(If you are not trading with risk capital, stop trading!)

Once a trader accepts that concept, they will be more inclined to let a trade “play out” and not jump at the chance to lock in a tiny bit of profit or become distraught as a trade begins to move against them and close out the position.

Next, be certain that you are taking only the higher probability trades, those that are in the direction of the trend, and that your entries are based on a solid technical reason such as a break of support or resistance.

When a trader knows that they are trading a pair that is in a strong trend, they will have the courage of their conviction to be able to “stick with the trade” as it is in a strong trend. (This does not mean that sticking with a trade in the direction of the trend will insure a winning trade. It does mean, however, that you will be taking trades that have a greater potential for success.)

Once you have decided on the higher probability pair you will trade and know where you will place your initial stop and limit, when the trade executes…leave it alone! Promise yourself that you will only let the trade limit out or be stopped out.

Lastly, be sure that you are following the principles of Money Management. So when the losing trades occur, your losses will be small and manageable.

Practice this discipline many, many times in a Demo account until you become comfortable with it.

:woo:

main ne app ki post read ki ha app ne achi batain ham se share ki hane app ko pata ha k ham koi profit kamaney ki jaldi hoti ha es liye ham take profit kafi jaldi main lagtey hane or kaam pips par lagatey hane main to gi sirf take profit he lagata houn stop loss main ne kabhi bhi use nahi kiya ha

[lights]

I think money management is the most important thing in forex trading. because the movement of the market moves very quickly, if we are not disciplined with money management, then we will lose our money very quickly. I experienced this several times.

[yogesh]

Well to stay for long we need a safeguard from the volatility - in such cases tight stop loss are not worth, and the only option we have is using lower leverage - but to make signfiicant trades then we need higher capital.

[leo]

I also agree with your opinion ... Forex is an investment, so-called iterative risk to ... Humans do not want to lose in a trade, but if for example we have it, we must think how we react to it, and that one day does not happen again,,, that's the first capital, and with resolve and discipline, we will be able to control emotions and got results consistent profit,,

[tajdarbet]

�Most of the time I earn a few pips and close out the trade because I want to catch it while it is still profitable. But when the trade goes against me I will hang onto it too long thinking it will come back to profitability but I get scared and close it out so I end up losing more. And then, what�s really frustrating is that the trade ends up moving in the direction of my original trade. How can I learn to �stick with my trade� ?�

This is a great question and it is something that all traders, especially in the beginning, have a challenge with. It is also something that is gained through experience. ("What is the Number One Mistake Forex Traders Make")

A key thing that a trader must do is acknowledge that you will have losing trades. (Learn a strategy to help stay away from losing trades "Breakouts:How to Stay Away from Some Losing Trades")

If a trade moves against you, as a trader you need to be willing to accept that loss just as you are willing to accept the winning trades. Since you are trading with risk capital, money that you can afford to lose, a trader must be OK with that loss as it will not affect their life style one tiny bit. Losses are simply a part of trading.

(If you are not trading with risk capital, stop trading!)

Once a trader accepts that concept, they will be more inclined to let a trade �play out� and not jump at the chance to lock in a tiny bit of profit or become distraught as a trade begins to move against them and close out the position.

Next, be certain that you are taking only the higher probability trades, those that are in the direction of the trend, and that your entries are based on a solid technical reason such as a break of support or resistance.

When a trader knows that they are trading a pair that is in a strong trend, they will have the courage of their conviction to be able to �stick with the trade� as it is in a strong trend. (This does not mean that sticking with a trade in the direction of the trend will insure a winning trade. It does mean, however, that you will be taking trades that have a greater potential for success.)

Once you have decided on the higher probability pair you will trade and know where you will place your initial stop and limit, when the trade executes�leave it alone! Promise yourself that you will only let the trade limit out or be stopped out.

Lastly, be sure that you are following the principles of Money Management. So when the losing trades occur, your losses will be small and manageable.

Practice this discipline many, many times in a Demo account until you become comfortable with it.

:woo:
ye sirf aese ho sakta ha k app es main experince or knowledhe hasil karo kioun k app ko pata ha k forex trading main experince or knowledge k bagher app apne emotions ko control nahi kar sako ge or emotions ki waja se he app kaam pips pae take profit laga letey ho or hogh pip par loss utha letey ho

[newentry]

yes, this is very good thread, most of traders will close their orders with faster to avoid the trend move back and against their order but if they have known the right time for it then they will get more than it and it is not about the greed but how to maximize their earning,so for it they have to know the true trend to see the point for entry and also exit point, for it need good strategies and analysis and they are supported by good discipline and patience

[scorpian7]

very important post . I also have a habit of taking profit early and accumulate my loosing trade . To avoid it sickness to money management is very important .

[iwan]

I think that our emotional problems, many of the traders, especially beginners is difficult to control. we have to look long trend to convince themselves that the trend is still continuing or has expired, and then decide to close or continue trading so we get maximum results.

[abeda16]

hummmmein yeh bat malum hay ke forex se hum quick profit kama skenge.Isi liye sayad quickly profit taking ko avoid nehi karte hay.Lekin hummein yeh baat to malum hay ke quick take profit se humara quick lose bhi hoaga.Aur hummein quick losing trade main jada der tak nehi rehna chihye isi hum aapna pura balance kho sakte hay.

[Nabi Ahmed Gill]

�Most of the time I earn a few pips and close out the trade because I want to catch it while it is still profitable. But when the trade goes against me I will hang onto it too long thinking it will come back to profitability but I get scared and close it out so I end up losing more. And then, what�s really frustrating is that the trade ends up moving in the direction of my original trade. How can I learn to �stick with my trade� ?�

This is a great question and it is something that all traders, especially in the beginning, have a challenge with. It is also something that is gained through experience. ("What is the Number One Mistake Forex Traders Make")

A key thing that a trader must do is acknowledge that you will have losing trades. (Learn a strategy to help stay away from losing trades "Breakouts:How to Stay Away from Some Losing Trades")

If a trade moves against you, as a trader you need to be willing to accept that loss just as you are willing to accept the winning trades. Since you are trading with risk capital, money that you can afford to lose, a trader must be OK with that loss as it will not affect their life style one tiny bit. Losses are simply a part of trading.

(If you are not trading with risk capital, stop trading!)

Once a trader accepts that concept, they will be more inclined to let a trade �play out� and not jump at the chance to lock in a tiny bit of profit or become distraught as a trade begins to move against them and close out the position.

Next, be certain that you are taking only the higher probability trades, those that are in the direction of the trend, and that your entries are based on a solid technical reason such as a break of support or resistance.

When a trader knows that they are trading a pair that is in a strong trend, they will have the courage of their conviction to be able to �stick with the trade� as it is in a strong trend. (This does not mean that sticking with a trade in the direction of the trend will insure a winning trade. It does mean, however, that you will be taking trades that have a greater potential for success.)

Once you have decided on the higher probability pair you will trade and know where you will place your initial stop and limit, when the trade executes�leave it alone! Promise yourself that you will only let the trade limit out or be stopped out.

Lastly, be sure that you are following the principles of Money Management. So when the losing trades occur, your losses will be small and manageable.

Practice this discipline many, many times in a Demo account until you become comfortable with it.

:woo:

Mara bahi trading main ap ko taking profit ko avoid nahi karana ha balka stop loss ko avoid karana hota ha main ap ko bata hon k is ke waja ka ha w ya ka agr ap stop loss ko qout karata han or ap loss tak bounch kar market sa bahar a jata ho or usi waqat ak mint ka bad market uper chali jati ha to ap ko loss to ho ga he jo ho ga lakin ap ko afsos both ho ga .

[moti]

one of the mistake traders are doing is when they place an order so they are expecting that the market have to go that direction always.and when some pull back happen they will quit immediately then they can see that their canceled target will be hit later on.so we really dont have to blame the market.we have to accept the nature of the market and study on it.then everything will be better.

[ashwini]

yes its happend. why this hapaen to us..there are many reason i am given some of them here.
1. we are not accept the market is turn.
2. we cannot follow the resistance and support level
3. we are not follow the news.
4. we are not use the stop loss./
5. we wait for long term but cause of use of high leverage .. we loss every thing. before market is change in favour us.

[waleedkhan]

�Most of the time I earn a few pips and close out the trade because I want to catch it while it is still profitable. But when the trade goes against me I will hang onto it too long thinking it will come back to profitability but I get scared and close it out so I end up losing more. And then, what�s really frustrating is that the trade ends up moving in the direction of my original trade. How can I learn to �stick with my trade� ?�

This is a great question and it is something that all traders, especially in the beginning, have a challenge with. It is also something that is gained through experience. ("What is the Number One Mistake Forex Traders Make")

A key thing that a trader must do is acknowledge that you will have losing trades. (Learn a strategy to help stay away from losing trades "Breakouts:How to Stay Away from Some Losing Trades")

If a trade moves against you, as a trader you need to be willing to accept that loss just as you are willing to accept the winning trades. Since you are trading with risk capital, money that you can afford to lose, a trader must be OK with that loss as it will not affect their life style one tiny bit. Losses are simply a part of trading.

(If you are not trading with risk capital, stop trading!)

Once a trader accepts that concept, they will be more inclined to let a trade �play out� and not jump at the chance to lock in a tiny bit of profit or become distraught as a trade begins to move against them and close out the position.

Next, be certain that you are taking only the higher probability trades, those that are in the direction of the trend, and that your entries are based on a solid technical reason such as a break of support or resistance.

When a trader knows that they are trading a pair that is in a strong trend, they will have the courage of their conviction to u able to �stick with the trade� as it is in a strong trend. (This does not mean that sticking with a trade in the direction of the trend will insure a winning trade. It does mean, however, that you will be taking trades that have a greater potential for success.)

Once you have decided on the higher probability pair you will trade and know where you will place your initial stop and limit, when the trade executes�leave it alone! Promise yourself that you will only let the trade limit out or be stopped out.

Lastly, be sure that you are following the principles of Money Management. So when the losing trades occur, your losses will be small and manageable.

Practice this discipline many, many times in a Demo account until you become comfortable with it.

:woo:

app logo kaisa apna profit qucikly zayda karah sakta hain wasa tu yah kafi acha topic hai kay hum kaisa apna profit ko hasil karah sakta hain aur is ko kaisa kaam may la sakta hain humaya chiya ka hum achi trading karain aur achi si achi icome hadil karain.

[wavestraders]

when we want to open a trade we have to plan the trade first , if we are using a smaller time frame im sure the biggest profits we can get are 20 pips but if we use 1h it can produce 100 pips a trade

[joget]

It is simple, just follow the system or strategy that you test its efficacy and accuracy of the signal before you use it as a system or trading strategy on your real account. and use the money to the extent you are willing to lose it, so you will not feel burdened and can trade with more calm and confident.

[younesjoe]

�Most of the time I earn a few pips and close out the trade because I want to catch it while it is still profitable. But when the trade goes against me I will hang onto it too long thinking it will come back to profitability but I get scared and close it out so I end up losing more. And then, what�s really frustrating is that the trade ends up moving in the direction of my original trade. How can I learn to �stick with my trade� ?�

This is a great question and it is something that all traders, especially in the beginning, have a challenge with. It is also something that is gained through experience. ("What is the Number One Mistake Forex Traders Make")

A key thing that a trader must do is acknowledge that you will have losing trades. (Learn a strategy to help stay away from losing trades "Breakouts:How to Stay Away from Some Losing Trades")

If a trade moves against you, as a trader you need to be willing to accept that loss just as you are willing to accept the winning trades. Since you are trading with risk capital, money that you can afford to lose, a trader must be OK with that loss as it will not affect their life style one tiny bit. Losses are simply a part of trading.

(If you are not trading with risk capital, stop trading!)

Once a trader accepts that concept, they will be more inclined to let a trade �play out� and not jump at the chance to lock in a tiny bit of profit or become distraught as a trade begins to move against them and close out the position.

Next, be certain that you are taking only the higher probability trades, those that are in the direction of the trend, and that your entries are based on a solid technical reason such as a break of support or resistance.

When a trader knows that they are trading a pair that is in a strong trend, they will have the courage of their conviction to be able to �stick with the trade� as it is in a strong trend. (This does not mean that sticking with a trade in the direction of the trend will insure a winning trade. It does mean, however, that you will be taking trades that have a greater potential for success.)

Once you have decided on the higher probability pair you will trade and know where you will place your initial stop and limit, when the trade executes�leave it alone! Promise yourself that you will only let the trade limit out or be stopped out.

Lastly, be sure that you are following the principles of Money Management. So when the losing trades occur, your losses will be small and manageable.

Practice this discipline many, many times in a Demo account until you become comfortable with it.

:woo:

yes i agree with you , firstly think you for postin this article it's important to every trader that we can undestand a part of trader, secondly the very important to stay in market for long time is a risk management

[hardworks]

I think money management is the most important thing in forex trading. because the movement of the market moves very quickly, if we are not disciplined with money management, then we will lose our money very quickly. I experienced this several times.

Yes, mm is very important to keep our funds safe. And also think about this, mm alone will not help to make profits, The deals may float in negative side for long time if you not enter in to the market in right time. So, just try to find the right entry point with mm. This is the safe way.

[rookie001]

�Most of the time I earn a few pips and close out the trade because I want to catch it while it is still profitable. But when the trade goes against me I will hang onto it too long thinking it will come back to profitability but I get scared and close it out so I end up losing more. And then, what�s really frustrating is that the trade ends up moving in the direction of my original trade. How can I learn to �stick with my trade� ?�

This is a great question and it is something that all traders, especially in the beginning, have a challenge with. It is also something that is gained through experience. ("What is the Number One Mistake Forex Traders Make")

A key thing that a trader must do is acknowledge that you will have losing trades. (Learn a strategy to help stay away from losing trades "Breakouts:How to Stay Away from Some Losing Trades")

If a trade moves against you, as a trader you need to be willing to accept that loss just as you are willing to accept the winning trades. Since you are trading with risk capital, money that you can afford to lose, a trader must be OK with that loss as it will not affect their life style one tiny bit. Losses are simply a part of trading.

(If you are not trading with risk capital, stop trading!)

Once a trader accepts that concept, they will be more inclined to let a trade �play out� and not jump at the chance to lock in a tiny bit of profit or become distraught as a trade begins to move against them and close out the position.

Next, be certain that you are taking only the higher probability trades, those that are in the direction of the trend, and that your entries are based on a solid technical reason such as a break of support or resistance.

When a trader knows that they are trading a pair that is in a strong trend, they will have the courage of their conviction to be able to �stick with the trade� as it is in a strong trend. (This does not mean that sticking with a trade in the direction of the trend will insure a winning trade. It does mean, however, that you will be taking trades that have a greater potential for success.)

Once you have decided on the higher probability pair you will trade and know where you will place your initial stop and limit, when the trade executes�leave it alone! Promise yourself that you will only let the trade limit out or be stopped out.

Lastly, be sure that you are following the principles of Money Management. So when the losing trades occur, your losses will be small and manageable.

Practice this discipline many, many times in a Demo account until you become comfortable with it.

:woo:


Absolutely correct. This is spot on ... and this is the mistake of getting out too early and staying too long with the losing trade that hurdles most of the newbies and kills their morale in the very beginning. When a noob tends to be hasty in solidifying his floating profit into real money ... a lot of other mistakes come with the package ... like not trusting his own system, being too jumpy ... staying too long out of the market when there is real action going on. It not only exhausts him but also makes him prone to jumpy mistakes.

[fxquest]

The biggest mistake we do is not letting the profit in our trade ripe and immature closing puts a limit on profits while by opening trade we bear the same risk size. A right stop and target need to be tirggered at right time.

[naziafarhan]

For doing this I think we have to hardly try to wait for the sl and tp and never close the trade untill one of them touched and this is a habit which will not be developed overnight and we have to work on it.

[oscar]

we should always use a trading plan to avoid this ..
newbie trader usually always let the floating loss and hope to get more profit by opening a new position ..
and the result is they just get more loss

[dmambi]

There are lot of such dilemmas we come across to face while we are trading with our real money in real account.
These all can be addressed with only two tools, the one is do proper analysis and determine the good entry and exit points , stick to it.
The second one is follow your money management strictly and you will not face any such problems.

[kaji]

Firstly i said do your trade part-time. i think which problem you feel just because of you do long time trade. i suggest you to do part time trade like just apply 2 or 3 order and use t/p and s/l. every business have risk so u can understand it somtimes it will be profit or sometimes loss.

I argue that even if we do trade full time, but we have to keep using the SL and TP in any OP. This is a good trade management application because it can prevent us from a big loss and we can lock the profit...

[ishvara]

�Most of the time I earn a few pips and close out the trade because I want to catch it while it is still profitable. But when the trade goes against me I will hang onto it too long thinking it will come back to profitability but I get scared and close it out so I end up losing more. And then, what�s really frustrating is that the trade ends up moving in the direction of my original trade. How can I learn to �stick with my trade� ?�

This is a great question and it is something that all traders, especially in the beginning, have a challenge with. It is also something that is gained through experience. ("What is the Number One Mistake Forex Traders Make")

A key thing that a trader must do is acknowledge that you will have losing trades. (Learn a strategy to help stay away from losing trades "Breakouts:How to Stay Away from Some Losing Trades")

If a trade moves against you, as a trader you need to be willing to accept that loss just as you are willing to accept the winning trades. Since you are trading with risk capital, money that you can afford to lose, a trader must be OK with that loss as it will not affect their life style one tiny bit. Losses are simply a part of trading.

(If you are not trading with risk capital, stop trading!)

Once a trader accepts that concept, they will be more inclined to let a trade �play out� and not jump at the chance to lock in a tiny bit of profit or become distraught as a trade begins to move against them and close out the position.

Next, be certain that you are taking only the higher probability trades, those that are in the direction of the trend, and that your entries are based on a solid technical reason such as a break of support or resistance.

When a trader knows that they are trading a pair that is in a strong trend, they will have the courage of their conviction to be able to �stick with the trade� as it is in a strong trend. (This does not mean that sticking with a trade in the direction of the trend will insure a winning trade. It does mean, however, that you will be taking trades that have a greater potential for success.)

Once you have decided on the higher probability pair you will trade and know where you will place your initial stop and limit, when the trade executes�leave it alone! Promise yourself that you will only let the trade limit out or be stopped out.

Lastly, be sure that you are following the principles of Money Management. So when the losing trades occur, your losses will be small and manageable.

Practice this discipline many, many times in a Demo account until you become comfortable with it.

:woo:











We can use a simple tool to achieve all these in our forex trades. Applying a very good risk reward ratio would actually make a forex trader to make the right profits with the correct and reasonable amount of loss possibilities.

[traderapes]

One way to avoid this is to put a stop loss and abide by the rules. Replacing the stop loss to avoid larger losses. And do not ever stop loss violation predetermined. In addition to stop loss, we also have to put take profit when we open a position.

[aarti]

In forex market analysis is very important for forex trader. If your analysis is good and before it works well then you can stay with you analysis. And you can set your stop lose and take profit with your analysis and wait for the market go to hit your take profit.

[hitesh]

ye sirf aese ho sakta ha k app es main experince or knowledhe hasil karo kioun k app ko pata ha k forex trading main experince or knowledge k bagher app apne emotions ko control nahi kar sako ge or emotions ki waja se he app kaam pips pae take profit laga letey ho or hogh pip par loss utha letey ho

[rathod]

yes, this is very good thread, most of traders will close their orders with faster to avoid the trend move back and against their order but if they have known the right time for it then they will get more than it and it is not about the greed but how to maximize their earning,so for it they have to know the true trend to see the point for entry and also exit point, for it need good strategies and analysis and they are supported by good discipline and patience

[puri]

often, we can not accept the losses we experience. because it is human nature to not want to lose. but, we should realize, that in any business, the potential loss or risk is certainly there. we should be able to reduce that risk, not eliminate it. good advice. Thank you, brother.

[hello927]

With proper planning and discipline one is able to trade well in forex because if there is no discipline in trading then there are more chances of loss. For this solution money managment is the best thing that is to be exercised for beneficial trading.

[aarti]

you should be trading on system that defines our entry and exit from every trade
either by take profit and stop loss or manually
we don't have to enter the market or exit from it except when we have strong signal doing that
not because of our fear or waiting for luck to turn our loss into profit

[wahidaaa]

It usually happens with most of us and i have one very good solution and it the use of trailing stop in the trade.We have to identify a good trend and after that we must try to gather at least 10-15 pips and once we see that we are well in the trend we can simply place the profit locking technique(trailing stop) and i think this is the best for the traders like us.The value of trailing stop can be adjusted as per the strategy and once placed we should turn off the meta trader and try to wait for the automatic end of trade.

[sufanw1]

If you do not want to take profits quickly and take a big profit then you should use a lon term strategies and trading techniques. And then my suggestion is to use capital to deposit and use to bet that we are not exposed to loss or MC so quickly. That is my suggest in forex trading.

[sudsind]

Infact this is the biggest challenge for every trader, when to close a position, according to me exit is more important than entry, and this creates big confusion when to exit a position, i know we can exit based on rules or fixed sl tp or at support resistance or moving average or so many things, but emotions are not in control at that time :)

[naveedkhan]

yar sab si asan tareqa yi hai, ki apni trading strategy pi yaqen karain, aur stoploss aur take profit ko apni strategy ki mutabiq istimal karain tab ja ki aisi masayal aap ko paish nahe aayengai.

[hitcola]

excellent thread. that is really what we want, we want to get rid of loss quickly ( cut our loss) and leave our take profit to run and make us nice pips per trade.

[purohit]

When we talk about quick profit at that time we are talking about the high risk that can skimm all of our money and some time bring margin call for us some time we ramain successful with high risk but not every time. We must workl on strategy that can make consistant profit for us.

[stayfilitim]

i do not no why you want to avoid to take quick profit and stop loss for a long time because the scalping depend to this option for make money fast and easy than the other strategies , scalping is risky but it is also profitable too, i think trader have to make a good money management for scalping and they will success easy.

[antosco]

We can avoid taking profits to quickly and staying with losing trades too long by using pivot points. Pivot points helps us to be able to determine support and resistance levels. So if we can be able to know the suport and resistance levels, then when we buy for instance, we would know that our take profit should be at the R1 and stop loss below S1.

[kiran]

The biggest mistake we do is not letting the profit in our trade ripe and immature closing puts a limit on profits while by opening trade we bear the same risk size. A right stop and target need to be tirggered at right time.

[worldforex]

I find that most of the time I gained a few pips, and close the trade because I want to catch it while it is still profitable. But when the trade goes against me, I hang onto the thought too long, it will return to profitability, but I get scared and close it if I find myself losing more ..

[isbhacker]

You can avoid taking profits too quickly by using Trailing stop or by manually adjusting stop according to support or resistance level.And avoiding staying in losing trade can be done by watching price breakout in opposite and then close position.

[worldforex]

yes, every trader must learn the discipline and should follow the rules, the solution is to stick to your stop loss and TP objectives and let the trade run unless he knocks on your goals .. .

[aina]

It is like following one simple principle. The principle of the trading is that you open a position only in which the stop loss is lesser than the take profits and if a stop loss is hit, your other signals get activated.

[worldforex]

yeees...Good post and i think every trader should learn this discipline and should follow the rules,,, the solution of the problem is to stick with your stop loss and TP targets and let the trade run unless it hits your targets....

[worldforex]

.yes. I get scared and close it out so I. end up losing more. And. then, what�s really frustrating is that the trade ends up moving in.. the direction of my original trade. How can I learn to �stick with my trade�???

[jeetu]

You have post a very meaningful post, I really admire what you have post, hope we all stick by the post and make good profit in Forex

[sohels]

very nice posting i thing every trader should be learn and follow this topic, how to earn more pips with short time , i think its depend only market moving condition

[ahsankhan]

�Most of the time I earn a few pips and close out the trade because I want to catch it while it is still profitable. But when the trade goes against me I will hang onto it too long thinking it will come back to profitability but I get scared and close it out so I end up losing more. And then, what�s really frustrating is that the trade ends up moving in the direction of my original trade. How can I learn to �stick with my trade� ?�

This is a great question and it is something that all traders, especially in the beginning, have a challenge with. It is also something that is gained through experience. ("What is the Number One Mistake Forex Traders Make")

A key thing that a trader must do is acknowledge that you will have losing trades. (Learn a strategy to help stay away from losing trades "Breakouts:How to Stay Away from Some Losing Trades")

If a trade moves against you, as a trader you need to be willing to accept that loss just as you are willing to accept the winning trades. Since you are trading with risk capital, money that you can afford to lose, a trader must be OK with that loss as it will not affect their life style one tiny bit. Losses are simply a part of trading.

(If you are not trading with risk capital, stop trading!)

Once a trader accepts that concept, they will be more inclined to let a trade �play out� and not jump at the chance to lock in a tiny bit of profit or become distraught as a trade begins to move against them and close out the position.

Next, be certain that you are taking only the higher probability trades, those that are in the direction of the trend, and that your entries are based on a solid technical reason such as a break of support or resistance.

When a trader knows that they are trading a pair that is in a strong trend, they will have the courage of their conviction to be able to �stick with the trade� as it is in a strong trend. (This does not mean that sticking with a trade in the direction of the trend will insure a winning trade. It does mean, however, that you will be taking trades that have a greater potential for success.)

Once you have decided on the higher probability pair you will trade and know where you will place your initial stop and limit, when the trade executes�leave it alone! Promise yourself that you will only let the trade limit out or be stopped out.

Lastly, be sure that you are following the principles of Money Management. So when the losing trades occur, your losses will be small and manageable.

Practice this discipline many, many times in a Demo account until you become comfortable with it.

:woo:

kafi achi post ki hai app na aur app na aik achi knowledge share kia hai hum say aur mujh lagta hai kay jitna bhi traders hain unhaya yah post zaror parahni chiya discipline wali.

[alaminas]

Thanks for your question, we can being too dangerous for our trading , so it can being better for us.we are not disciplined with money management, then we will lose our money.

[Maham Gill]

�Most of the time I earn a few pips and close out the trade because I want to catch it while it is still profitable. But when the trade goes against me I will hang onto it too long thinking it will come back to profitability but I get scared and close it out so I end up losing more. And then, what�s really frustrating is that the trade ends up moving in the direction of my original trade. How can I learn to �stick with my trade� ?�

This is a great question and it is something that all traders, especially in the beginning, have a challenge with. It is also something that is gained through experience. ("What is the Number One Mistake Forex Traders Make")

A key thing that a trader must do is acknowledge that you will have losing trades. (Learn a strategy to help stay away from losing trades "Breakouts:How to Stay Away from Some Losing Trades")

If a trade moves against you, as a trader you need to be willing to accept that loss just as you are willing to accept the winning trades. Since you are trading with risk capital, money that you can afford to lose, a trader must be OK with that loss as it will not affect their life style one tiny bit. Losses are simply a part of trading.

(If you are not trading with risk capital, stop trading!)

Once a trader accepts that concept, they will be more inclined to let a trade �play out� and not jump at the chance to lock in a tiny bit of profit or become distraught as a trade begins to move against them and close out the position.

Next, be certain that you are taking only the higher probability trades, those that are in the direction of the trend, and that your entries are based on a solid technical reason such as a break of support or resistance.

When a trader knows that they are trading a pair that is in a strong trend, they will have the courage of their conviction to be able to �stick with the trade� as it is in a strong trend. (This does not mean that sticking with a trade in the direction of the trend will insure a winning trade. It does mean, however, that you will be taking trades that have a greater potential for success.)

Once you have decided on the higher probability pair you will trade and know where you will place your initial stop and limit, when the trade executes�leave it alone! Promise yourself that you will only let the trade limit out or be stopped out.

Lastly, be sure that you are following the principles of Money Management. So when the losing trades occur, your losses will be small and manageable.

Practice this discipline many, many times in a Demo account until you become comfortable with it.

:woo:
boht he ahci or best post he muja ya post boht he achi or best lagit balka har trader ko es post ko read kanra chaya q k both sara trader asa he karta han ka profit ho boht juldi quick karta han or loss wala order ko kafi dar tak chalana data han .

[safayet39]

I think we didn't need to experience the failure by ourselves to know that. We could learn from another experiences right? Except you don't believe them and you want to try by yourself :D Yes if we could identify the trends, we could get profit according to the movement of that pair. We could analyze that too to another pair which has relation, so we could get double advantages :) There are some pairs which have connectivity, you knew that right?

[arif01]

Business and risk one with each other. Its a easy way to income in money from any where if you ant. Forex is online trading. So it may be risky or not be risky what ever it. I can easily trade with Forex online trade in all time. People those who are unemployed they can work with forex in ideal time. People Those who are employed then also work with forex in rest time because it is on line programe and it is always open. So forex is a way of Income for man those who are gather knowledge about computer and online internet use knowledge. So Forex means a sources of income in on line by conversation various topics on forex trading. It is a indian wave site from which lot of people earn money in long time. It is suitable sources of income for student and employee. Its a game also. There is business which as no risk.

[william88]

If a trade moves against you, as a trader you need to be willing to accept that loss just as you are willing to accept the winning trades. Since you are trading with risk capital, money that you can afford to lose, a trader must be OK with that loss as it will not affect their life style one tiny bit. Losses are simply a part of trading.

everything has a risk..
Losses is a part of trading..
So we must set how many we could take for losses..and be consistent doing it..
It is a hard job,but it is important and worthed to do..

[farhannasir]

control is the most crucial thing in currency trading. because the activity of the market goes very easily, if we are not regimented with control, then we will lose our cash very easily. I knowledgeable this several times.

[taufiqbd]

If you change your attitude then you change this. I think you set lot size follow this theory Amount/10000, example your balance is $1000 then set your lot size 1000/10000=.1 if you follow it you never face big problem.

[room]

The biggest mistake we do is not letting the profit in our trade ripe and immature closing puts a limit on profits while by opening trade we bear the same risk size. A right stop and target need to be tirggered at right time.

[skboyra]

taking profit quickly, I think it is a luck for the trader so it has no need to stop. moreover we can remove to stay long time in the loss position in the forex market. to avoid this situation we have to learn the forex strategy practically and have to control the emotion.

[sad]

you should be trading on system that defines our entry and exit from every trade
either by take profit and stop loss or manually
we don't have to enter the market or exit from it except when we have strong signal doing that
not because of our fear or waiting for luck to turn our loss into profit

[fortuna]

You should always have a stop loss target before you decide to enter the trade. In this way, when you are losing, you will not lose a lot. When you are in a profit, do not be in hurry to take the profit. Instead, place a trailing stop loss so that you would be able to rise on the trend, maximising your profits.

[dhiraj]

The biggest mistake we do is not letting the profit in our trade ripe and immature closing puts a limit on profits while by opening trade we bear the same risk size. A right stop and target need to be tirggered at right time.

[sharabela]

I like the last sentence that practice with your demo account many many times to be comfortable. This is it. A trader has to stick with the basic rules of Forex business. By being disciplined, we can stop having the habit of taking out a good trade early and leaving a bad trade too late.

[dhiraj]

The biggest mistake we do is not letting the profit in our trade ripe and immature closing puts a limit on profits while by opening trade we bear the same risk size. A right stop and target need to be tirggered at right time.

[ckkommoju]

I always fix stop loss and take profit. I never close before that. I usually take profit at 10 pips and stop loss at 30 pips.

[suresh]

you should be trading on system that defines our entry and exit from every trade
either by take profit and stop loss or manually
we don't have to enter the market or exit from it except when we have strong signal doing that
not because of our fear or waiting for luck to turn our loss into profit

[nabila]

Best situation and i reckon every bargainer should acquire this bailiwick and should arise the rules, the result of the problem is to adhere with your kibosh decline and TP targets and let the dealings run unless it hits your targets.

[gaga]

And how to send a good idea all the merchants, had to learn this discipline, and must follow the rules, the solution of problems, stay on target TP and stop-loss, is unless you hit your target is to be able to execute the transaction.

[worldforex]

It�s true, I earn a few pips and close out the trade because I want to catch it while it is still profitable. So do advise me to conru trading or take my profit and close that trading

[bokadia6]

The biggest mistake we do is not letting the profit in our trade ripe and immature closing puts a limit on profits while by opening trade we bear the same risk size. A right stop and target need to be tirggered at right time.

[ossama]

Good topic and I think that for every trader should into consideration that the is known not to dropping the stop loss order to keep their money

[tonmoy]

Good column and i anticipate every banker should apprentice this conduct and should chase the rules, the band-aid of the botheration is to stick with your stop accident and TP targets and let the barter run unless it hits your targets.

[cozard007]

This is really my trading weakness if i must say, this fact is a thing that i am battling with many times now, i think that in such case you shpuld leave the system and go to where you can not find it for some times.

[sammy]

actually yes it is really a common prblm for all of us traders, so i think we shouldnt put more than 10% at risk per trade. then we can rela even if the price gets 5 pips close to the stop loss level. that is the benefit i think.

[gulab]

this is from strategy which guide to open a deal in a particular direction and then also it guide us that what will be our profit and where will be our stop loss and closing before it is just givivng no importance to own knowledge.

[noor]

all trader should know his decision may be wrong or may be right so they should protect our trader
as the market may turn against you and this time you will lose all money you have

[affan9011]

I think that one of the mistake traders are doing is when they residence an organisation so they are expecting that the market mortal to go that instruction e'er.and when many tear stake occur they give resign now then they can see that their canceled train give be hit afterward on.so we real dont person to ascribe the market.we get to support the nature of the market and papers on it.then everything faculty be healthier.

[Sabbirbd]

If any trader want to avoid all bad things from forex trade then they need first learn well about forex trade . If they can learn forex well then they can easily avoid all thing from their trade .

[doyinfaloni]

this tutorial will help traders to become
a better trader,it is very informative and also it will help
beginners to make good profits

[torquee]

it is bad idea to stay with the loosing trade for long
if the trading currency has a break out from the key support or the resistance then exit the trade

[mrrafy73]

At first i want to thanks u for your good posting which is very much essential for a forex trader.discipline is main power in forex trading.we should use sl and tp which save from the lose.so we should maintain the discipline and we will try to best avoid the emotion.

[agitiga]

From my basic knowledge of risk aversion in the sense in which you are saying it, the best way is to calculate the market turning points because it is there that you either leave or you are left

[wahidaaa]

This very valid point and as traders we must have the courage to accept and take the calculated losses and try to stay in the trend for long time.in reality as mentioned in the opening thread we try to do the opposite and we close the trades with very less profit and similarly we try to stay in the negative territory for the longer duration of time,so we must try to curb this bad trading habit.

[asmoshaa]

yea this is a serious problem and you review it at a wonderful way so thank you , and i think we can avoid this state by making good plane ,
and assign in this plane the important things like when i will end the deal or when i will start it and what is my goal from this deals to keep concentrated on the deals during the trading .

[fersun]

i think money management is important.must be a good money management.your opinion is right,human nature is not like loose.i think take profit close long and take loose trade close shortly.

[mr rk]

regarding this matter i do not concept so any noe can teah me what it is
and how much advantage will get from it and then we can gain in forex

[xomes]

;758172"]We need develop good our own strategy, this is one of the most common strategies that you can use in the Forex market and most Forex traders are familiar with your own strategy and many have made large profits from this strategy.
in forex trading is very important to be able to initiate strategies to minimize losses, because we all know would have no real strategy that can get continuous income.

[Lijon]

Good offer and then i feel any kind of investor could hire it discipline and also should pay attention to your principles, both solution regarding errors is to obey your stop elimination and then TP products allowinged the career carried out unless of course which hits your items.

[zahira]

in forex trading is very important to be able to initiate strategies to minimize losses, because we all know would have no real strategy that can get continuous income.
The learning process in forex goes on and on even when he becomes a professional trader. The forex market is not and easy task to analyse and often alot of research and efforts. It's a highly unstable and unpredictable business which requires to trader to learn on a daily basis.

[ossama]

I think taking profit quickly is better than waiting and exposure to margin only if the capital enough to wait

[bigboss]

�Most of the time I earn a few pips and close out the trade because I want to catch it while it is still profitable. But when the trade goes against me I will hang onto it too long thinking it will come back to profitability but I get scared and close it out so I end up losing more. And then, what�s really frustrating is that the trade ends up moving in the direction of my original trade. How can I learn to �stick with my trade� ?�

This is a great question and it is something that all traders, especially in the beginning, have a challenge with. It is also something that is gained through experience. ("What is the Number One Mistake Forex Traders Make")

A key thing that a trader must do is acknowledge that you will have losing trades. (Learn a strategy to help stay away from losing trades "Breakouts:How to Stay Away from Some Losing Trades")

If a trade moves against you, as a trader you need to be willing to accept that loss just as you are willing to accept the winning trades. Since you are trading with risk capital, money that you can afford to lose, a trader must be OK with that loss as it will not affect their life style one tiny bit. Losses are simply a part of trading.

(If you are not trading with risk capital, stop trading!)

Once a trader accepts that concept, they will be more inclined to let a trade �play out� and not jump at the chance to lock in a tiny bit of profit or become distraught as a trade begins to move against them and close out the position.

Next, be certain that you are taking only the higher probability trades, those that are in the direction of the trend, and that your entries are based on a solid technical reason such as a break of support or resistance.

When a trader knows that they are trading a pair that is in a strong trend, they will have the courage of their conviction to be able to �stick with the trade� as it is in a strong trend. (This does not mean that sticking with a trade in the direction of the trend will insure a winning trade. It does mean, however, that you will be taking trades that have a greater potential for success.)

Once you have decided on the higher probability pair you will trade and know where you will place your initial stop and limit, when the trade executes�leave it alone! Promise yourself that you will only let the trade limit out or be stopped out.

Lastly, be sure that you are following the principles of Money Management. So when the losing trades occur, your losses will be small and manageable.

Practice this discipline many, many times in a Demo account until you become comfortable with it.

:woo:
forex trading market me agar ap chahte hain ko profit chahe jaldi na ho magar loss be jaldi na ho to us ke liye apko chaie ke forex market ka knowledge haasil karte rahen

[forexking786]

�Most of the time I earn a few pips and close out the trade because I want to catch it while it is still profitable. But when the trade goes against me I will hang onto it too long thinking it will come back to profitability but I get scared and close it out so I end up losing more. And then, what�s really frustrating is that the trade ends up moving in the direction of my original trade. How can I learn to �stick with my trade� ?�

This is a great question and it is something that all traders, especially in the beginning, have a challenge with. It is also something that is gained through experience. ("What is the Number One Mistake Forex Traders Make")

A key thing that a trader must do is acknowledge that you will have losing trades. (Learn a strategy to help stay away from losing trades "Breakouts:How to Stay Away from Some Losing Trades")

If a trade moves against you, as a trader you need to be willing to accept that loss just as you are willing to accept the winning trades. Since you are trading with risk capital, money that you can afford to lose, a trader must be OK with that loss as it will not affect their life style one tiny bit. Losses are simply a part of trading.

(If you are not trading with risk capital, stop trading!)

Once a trader accepts that concept, they will be more inclined to let a trade �play out� and not jump at the chance to lock in a tiny bit of profit or become distraught as a trade begins to move against them and close out the position.

Next, be certain that you are taking only the higher probability trades, those that are in the direction of the trend, and that your entries are based on a solid technical reason such as a break of support or resistance.

When a trader knows that they are trading a pair that is in a strong trend, they will have the courage of their conviction to be able to �stick with the trade� as it is in a strong trend. (This does not mean that sticking with a trade in the direction of the trend will insure a winning trade. It does mean, however, that you will be taking trades that have a greater potential for success.)

Once you have decided on the higher probability pair you will trade and know where you will place your initial stop and limit, when the trade executes�leave it alone! Promise yourself that you will only let the trade limit out or be stopped out.

Lastly, be sure that you are following the principles of Money Management. So when the losing trades occur, your losses will be small and manageable.

Practice this discipline many, many times in a Demo account until you become comfortable with it.

:woo:
bhai mujhe ap ki is baat ki samajh nahi lagi ke ap ne ye kyun likha ke ap jaldi profit nahi kamana chahte is ko avoid karna chahte hain please tell me about this?

[Chi Pheo]

firstly, i want to say that thank you very much for your sharing in your thread. i must say that, your thread is very useful for me to learn more because i am confusing in this matter before. And now, i think i can be more confident whenever i set take profit for my trading.

[khaled6969]

Successful traders are the ones who deal with all the possibilities and the market can accept the loss is limited to return again

[mena]

It is important that you get as you can on the background information on the currency exchange market (Forex), its history, what is his job and how it works. And the fact that world trade is the exchange of currency for the importation of goods, many of the banks, governments and companies are using the currency exchange market (Forex). As well as large speculators use the currency exchange market (Forex) to make significant gains. And new on the market as a trader and trading from your home via your computer then you are in fact bats. Small bats, but bats like a fish in a small pond big high liquidity. And with that you can make some good profits

[qasab]

this is one of the beggist dilemma with the trader that when the see that there account are in profit they try to close it as soon as possible and when the make losse then wait for months.

[mojcris]

I also think that the good trader is the one who trades in any condition. he can take profit instantly in some positions and he also can keep some positions open for months and finally take profit :) this is the best trader.

[Sun-Moon]

This problem is for bad emotion. To avoid this problem, one should be hard to oneself. Without this no one can control his emotion while trading.

[abanga]

what i normally do, knowing so well i have analysed the market and made good entry point with all my take profit and stop loss in place is simply to walk away and do some other things later in the day i check back, and if i happen to see my profit target is about to be hit then i change back to using trailing stops to allow the profit to continue till i fully get what the market can offer

[gandha]

The easiest thing is to use stoplose and take profit consistently, take take a small profit in the sense that we do order and get 1 pips profit. we with quickly and fast to close:)))it's not good, it's better to wait touched take profit order but if we get the profit but not a single pips take profit already seen prices will turn around then we should use a trailing stop

[mou3ad15]

well this is one of my big problems even that i'm just trading on demo accounts and have nothing to lose or to win , when I make profite I take it so quickly because I'm afraid to losing it, and when I lose I stay long waiting for changes on market lo I tried a lot to control my emotions but didn't work until now !

[awan143]

ok its a good information as well thanks foe it dear and according to my opinion loss and gain is part of business so we have to manage it with our abilities but m agree with you

[sweetrevenge88]

When it comes to profits taking the longer you stay in the market the big chances the market may turn against you and your profits may turn to loses anytime. That is why whatever profits you have better take it quickly before the market take it away. Negative floating positions should have limits up to 30 to 50 pips only. Beyond that you should close your position right away.

[esif]

How to Avoid Taking Profits Too Quickly and Staying with Losing Trades Too Long
Its about experience what you told i have observed this in my life also and did these mistakes because i have no teacher in forex , i have learned it through net and still i am struggling with it..........

[undo wndo]

we have to take our time in any deal and dont be rush in taking any order as this wil be effect in the deal we open so we have to wait before taking any order

[sukeshroy]

Nice info you have provide and it will helpful for those who always make this mistakes.if we put trailing stop or stop loss on each trade then we have chance to trade again and lose not more.

[mike_john]

Well.. Its a good topic and post that you have shared here.. Well i think the time management, money management and risk management.. All are the important to avoid taking profit is too quickly and staying with losing trader ..

[hassaan]

well i did not think that it is a that much easy job because we did not know about the market and we did not know that what is going to be happen in next some intervels of time and how is the market going to change in some next moments...

[diljaladj]

In my view taking quick profit is not bad at all its much better than than having nothing as they say something is better than nothing but you must be consistent with that to become successful.

[Isafan87]

�Most of the time I earn a few pips and close out the trade because I want to catch it while it is still profitable. But when the trade goes against me I will hang onto it too long thinking it will come back to profitability but I get scared and close it out so I end up losing more. And then, what�s really frustrating is that the trade ends up moving in the direction of my original trade. How can I learn to �stick with my trade� ?�

This is a great question and it is something that all traders, especially in the beginning, have a challenge with. It is also something that is gained through experience. ("What is the Number One Mistake Forex Traders Make")

A key thing that a trader must do is acknowledge that you will have losing trades. (Learn a strategy to help stay away from losing trades "Breakouts:How to Stay Away from Some Losing Trades")

If a trade moves against you, as a trader you need to be willing to accept that loss just as you are willing to accept the winning trades. Since you are trading with risk capital, money that you can afford to lose, a trader must be OK with that loss as it will not affect their life style one tiny bit. Losses are simply a part of trading.

(If you are not trading with risk capital, stop trading!)

Once a trader accepts that concept, they will be more inclined to let a trade �play out� and not jump at the chance to lock in a tiny bit of profit or become distraught as a trade begins to move against them and close out the position.

Next, be certain that you are taking only the higher probability trades, those that are in the direction of the trend, and that your entries are based on a solid technical reason such as a break of support or resistance.

When a trader knows that they are trading a pair that is in a strong trend, they will have the courage of their conviction to be able to �stick with the trade� as it is in a strong trend. (This does not mean that sticking with a trade in the direction of the trend will insure a winning trade. It does mean, however, that you will be taking trades that have a greater potential for success.)

Once you have decided on the higher probability pair you will trade and know where you will place your initial stop and limit, when the trade executes�leave it alone! Promise yourself that you will only let the trade limit out or be stopped out.

Lastly, be sure that you are following the principles of Money Management. So when the losing trades occur, your losses will be small and manageable.

Practice this discipline many, many times in a Demo account until you become comfortable with it.

:woo:

You are right my friend, this is what to be bare in mind. Taking profits too soon will limits our profits if we are in the good positions. Staying with losing positions for too long is another, close it quickly. To avoid lose more of our money. Don't hope market conditions will go our way. Understand how forex really works.

[mariyadaif]

hello, i think you opened really good thread because i think this is the important mistakes that the traders do it that they close the profit in the middle and let the loss for all the account, but i think when you have a good signal better to let the deal for a long time and let your profit increase

[sammy]

well traders can think it this way that less profit is better than having losses. actually it is THE most effective tip for a forex beginner. the market doesnt follow your position, it follows its own terms, so take profit at support or resistance

[annura]

Taking profits too quckly is typically attended with worry, the majority worry that they need not even beenable to know what they're doing, once they ar commercialism they typically don't seem to be able to create what's sensible or unhealthy, they usally hastily shut their position thanks to worry or as a result of they're not patient eough to avoid closing the trade they need openned.

[kemmy]

good money management puts your mind at rest. your system should be designed in such a way that it tells you when to quit a trade> allow your system to do the job. anyway you designed it based on your experience and conviction.

[hassaan]

Thank you very much for this post.This post is full of knowledge and it helped me a lot in learning many important things about Forex and i wish u keep on posting such good stuff in future again and again :).

[facebook]

bhai is k liye aap ko money management ka khyaal rekha hey or aap ko der khetam kerna hota hey, koshish kerni chahiye k aap ka rule 1:1 ho yani jitna aap risk lien utna hi aap reward rekhein or is k liye bes practice hi hey

[gajahbelang]

hello, i think you opened really good thread because i think this is the important mistakes that the traders do it that they close the profit in the middle and let the loss for all the account, but i think when you have a good signal better to let the deal for a long time and let your profit increase

How to beat your emotions? Best way to combat this problem is by trading psychology trading plan (TRADING PLAN) is right and sticking padatrading plan. Always use a trading plan that and think well besides using risk management properly.

[chandmoon]

we the traders have some problem that we use huge lots in trade to make profit very quickly.So i think we should use low leverages in trade to avoid it.we can also use stop loss in trade to finish our lose trade for long time.

[theplayer17]

good article :)

I think, that we can resist the lust for profit cover remaining constant, is the discipline with which we achieve profit targets. and I think it makes sense that we call, money management major also, so that we can survive on our floating.

learn, learn and keep learning ^. ^ v

[Jack]

Trader ka fear usko thoda profit leke trade close karne ke liye uksata hai, maine bhi kahi bar fear ke karan mera trade joke thoda profit me tha usko close karke woh profit se satisfaction le liya tha. Yeh to har trader ke sath hota hai par jab trader ko yeh sab handle karna ajata hai tab woh bina koi tension acha profit kar sakta hai.

[rexrip]

actually due to human nature we can not accept the losses we experience. because no one here wants to loose. but, we should realize, that in any business, the potential loss or risk is certainly there. we should be able to reduce that risk, not eliminate it..

[ishvara]

In order to avoid this particular problem in forex trading business and make better trading results, a trader should learn how to control their emotions and then try and set a constant stop loss and take profits in all the forex trades that they open.

[dmambi]

It all happens due to the Fear in the mind of a trader. A trader close the order with small profit when there is still chance to get more pips with that order in the market, this is because Fear of loosing the profit earned and also Fear of the market moving opposite and hit the stop loss. This can only be solved by increasing the confidence of the trader.

[hamza12]

well... i really appreciate your post it is really nice and i think that we can only learn this in a better way by our own experience and learning more about forex and specially by following the rules and discipline.

[bablu7832]

I think to avoid this situation we must trade only when we get strong signals from market and only after complete market analysis.Market daily gives movement of 10-30 pips in a particular direction we must trade according to fundamental analysis and market trend.

[gandha]

actually due to human nature we can not accept the losses we experience. because no one here wants to loose. but, we should realize, that in any business, the potential loss or risk is certainly there. we should be able to reduce that risk, not eliminate it..
other than that it all takes the learning process.when one has realized this thing, then they would have to try to change the patterns that are detrimental to traders because of frequent withstand losses comparable with the profit that has been earned

[sofeenevu]

I think the one way to avoid such position is to avoid news release hours trading, especially during high effective news hour. Because during this time, market goes too volatile situation. Fundamental news analysis also helps to determine the perfect timing.

[mcceducation]

i am strongly support you, we must think how we react to it, and that one day does not happen again, that's the first capital, and with resolve and discipline, we will be able to control emotions and got results consistent profit, Forex is an investment, so-called iterative risk to. Humans do not want to lose in a trade, but if for example we have it.

[ku_lock]

the use of TP is very good for our trade, but it also had to use my SL to limit when we encounter errors in analyzing and endless loss. so when in a position of disadvantage, the loss will not be too long and become more and more. so does the use of TP and SL in any position that we take that I think is very important.

[PyarPyarPhet]

If we do not use the good money management on our trading ,maybe we can being too dangerous for our trading , so it can being better for us to let us use the good money management on the trading. We can not accept the losses we experience. because it is human nature to not want to lose. but, we should realize, that in any business, the potential loss or risk is certainly there. we should be able to reduce that risk, not eliminate it.

[lokhnath]

main ne app ki post read ki ha app ne achi batain ham se share ki hane app ko pata ha k ham koi profit kamaney ki jaldi hoti ha es liye ham take profit kafi jaldi main lagtey hane or kaam pips par lagatey hane main to gi sirf take profit he lagata houn stop loss main ne kabhi bhi use nahi kiya ha

you are right . main ne vi app- ke jesa hii sucha . but hum ko is keliya wait karnahoga . we can't do this quickly .

[Discordance]

it all usually happens to new traders because they can not control their emotions when faced her fears and profit so quickly close positions quickly but if he could stand a little maybe he'll get more money

[truegoa]

There are some solution for that case. We can just using trailing stop to maximize our profit and using stop loss to minimize our loss. Or we can just try to start learning how to control our emotion by build our dicipline to our personal rul of trade. Once we able to do that, we will have more powerfull skill of trading, and so we will able to be more productive trader than before.

[Chelsea91]

you should then set take profit and stop loss points and wait till the price hit either one of them, so at that time you close the meta trader and do anything else till your profit or loss is hit, this is the best way for avoiding the effect of emotions on closing trades

[rubel1]

Once you have decided on the higher probability pair you will trade and know where you will place your initial stop and limit, when the trade executes�leave it alone! Promise yourself that you will only let the trade limit out or be stopped out. the potential loss or risk is certainly there. we should be able to reduce that risk, not eliminate it. good advice. Thank you, brother.so we really dont have to blame the market.we have to accept the nature of the market and study on it.then everything will be better....good the rules..:)

[kamal8]

I cogitate money management is the most eventful artefact in forex trading. because the motility of the mart moves very apace, if we are not disciplined with money management, then we testament lose our money very rapidly. I veteran this several times.

[mojcris]

I think it's all about the strategy you are using for your account, when you use a bad strategy you won't get the result, the best strategy is the one who give you the best signals, I mean when you use your strategy and take profit more than your losses then your strategy is good, so I think first of all we have work on the strategy we are using.

[abu yousuf]

often, we can not accept the losses we experience. because it is human nature to not want to lose. but, we should realize, that in any business, the potential loss or risk is certainly there. we will be able to control emotions and got results consistent profit.

[dareking]

often, we can not accept the losses we experience. because it is human nature to not want to lose. but, we should realize, that in any business, the potential loss or risk is certainly there. we will be able to control emotions and got results consistent profit.

sahi baat kahi hai aapne har business mein loss aur profit aur risk hota hai, bas hume loss ko accept karna hota hai, agar hum ye business life time base par kar rahe hai, to hume seriously bhi rahna padta hai.

[tom11]

often, we can not accept the losses we experience. because it is human nature to not want to lose. but, we should realize, that in any business, the potential loss or risk is certainly there. we should be able to reduce that risk, not eliminate it. good advice. Thank you, brother.thanks....................

[mum]

All will continue to be good traders, I need to learn discipline, you must follow the rules resolved to stop losses with TP objectives to stick and think that your target executable trades do not hit.

[imrulhira]

With the right move and the right advice, it is always a prudent thing to make a profit. Forex signals are therefore means to ensure the investor that the steps that they would be taking in the forex market in the coming days is fruitful.

[matin6767]

on a daily base, we tend to cannot recognize your damages we tend to think. while it was naked personality which will fail to prefer to shed. on the other hand, we tend to would know, as if beneath bedrooms market, some strength demise or possibly concurrent risk is definitely at this time there. we tend to needed to be expected to alleviate those risks, rather than alleviate this. nice advice.

[fastman]

you are right, if we do not use the excellent control on our dealing ,maybe we can being too risky for our dealing , so it can being better for us to let us use the excellent control on the dealing.

[runu]

one of the identify traders are doing is when they locate an rule so they are expecting that the activity change to go that path ever.and when whatsoever vantage approve bechance they leave quit now then they can see that their canceled target will be hit after on.so we real dont bonk to pick the marketplace.we feature to brook the nature of the market and reflexion on it.then everything present be meliorate....

[monjurbr]

�Most of the time I earn a few pips and close out the trade because I want to catch it while it is still profitable. But when the trade goes against me I will hang onto it too long thinking it will come back to profitability but I get scared and close it out so I end up losing more. And then, what�s really frustrating is that the trade ends up moving in the direction of my original trade. How can I learn to �stick with my trade� ?�

This is a great question and it is something that all traders, especially in the beginning, have a challenge with. It is also something that is gained through experience. ("What is the Number One Mistake Forex Traders Make")

A key thing that a trader must do is acknowledge that you will have losing trades. (Learn a strategy to help stay away from losing trades "Breakouts:How to Stay Away from Some Losing Trades")

If a trade moves against you, as a trader you need to be willing to accept that loss just as you are willing to accept the winning trades. Since you are trading with risk capital, money that you can afford to lose, a trader must be OK with that loss as it will not affect their life style one tiny bit. Losses are simply a part of trading.

(If you are not trading with risk capital, stop trading!)

Once a trader accepts that concept, they will be more inclined to let a trade �play out� and not jump at the chance to lock in a tiny bit of profit or become distraught as a trade begins to move against them and close out the position.

Next, be certain that you are taking only the higher probability trades, those that are in the direction of the trend, and that your entries are based on a solid technical reason such as a break of support or resistance.

When a trader knows that they are trading a pair that is in a strong trend, they will have the courage of their conviction to be able to �stick with the trade� as it is in a strong trend. (This does not mean that sticking with a trade in the direction of the trend will insure a winning trade. It does mean, however, that you will be taking trades that have a greater potential for success.)

Once you have decided on the higher probability pair you will trade and know where you will place your initial stop and limit, when the trade executes�leave it alone! Promise yourself that you will only let the trade limit out or be stopped out.

Lastly, be sure that you are following the principles of Money Management. So when the losing trades occur, your losses will be small and manageable.

Practice this discipline many, many times in a Demo account until you become comfortable with it.

:woo:

Before starting forex trading we should set up our mind first. What will be your profit you should a set up a range. Like profits you should set up the losing limit. After that if we trade in forex then our quick profit gaining tendency will be reduced.

[shipon2]

i think every trader should learn this discipline and should follow the rules. we should be able to reduce that risk, not eliminate it. good advice. Thank you, brother. we have to accept the nature of the market and study on it.then everything will be better. ..

[gandha]

The easiest thing is someone put a take profit and stoplose, think a that you are able to withstand hundreds of pips in losses, but why you are not able to withstand more profit banyak.ini very difficult and it takes a discipline in the refracted...

[taharoyal52]

Getting earnings too quckly is usually with worry, most individuals worry that they have not even beenable to know what they are doing, when they are dealing they usually are not able to create what is excellent or bad, they usally hurriedly near their place because of worry or because they are not individual eough to prevent ending the business they have openned.

[golemia]

we can not agree to the failures we encounter. because it is individual instinct to not want to reduce. but, we should recognize, that in any company, the prospective reduction or danger is certainly there. we should be able to decrease that danger, not remove it.

[featurelion]

bhai aap ki learning or achi strategy per sab kuch depend kerta hey, ager aap ki strategy achi hey aur aap mein fear nehi hey to aap apna profit pura ley payien gey or apna stop loss bhi rekhein gey kabhi us ko remove nehi kerein gey

[shepon93]

Good post and i think every trader should learn this control and should follow the rules, the resolution of the dilemma is to stick with your stop loss and TP targets and let the trade run unless it hits your targets.

[mdjoy50]

Avoid Taking Profits Too Quickly and Staying with Losing the time I earn a few pips and close out the trade Richard Krivo, Trading Instructor. Does this sound it is still profitable. But when the trades goes against

[mizishab]

Awesome details you have offer and it will beneficial for those who always create this errors.if we put following quit or stop-loss on each business then we have opportunity to business again and reduce not more.

[milan]

ofttimes, we can not have the losses we see. because it is hominid nature to not need to recede. but, we should realize, that in any sector, the potentiality death or probability is sure there. we should be healthy to slim that assay, not eradicate it.

[mariaarsalan]

thanks for the post .. ye bhot helpful hai hum sab trader k liye agar trader in rule ko learn krly ga toe wo kabhi bhi trade main lose nhi kary ga main in sab rules ko learn krlungi taky mjhy insy faida ho

[tom11]

yes, you are right, if we do not use the good money management on our trading ,maybe we can being too dangerous for our trading , so it can being better for us to let us use the good money management on the trading.good luck.....................

[rubel3]

yes, you are right, if we do not use the good money management on our trading ,maybe we can being too dangerous for our trading , so it can being better for us to let us use the good money management on the trading.thanks..........

[selinabegum]

Keen displace and i think every dealer should learn this discipline and should play the rules, the whitener of the job is to lever with your restraint sum and TP targets and let the exchange run unless it hits your targets.

[malik]

Sirf discipline aur emotional control sya hi aap apny is problem par qaboo pa sakty ho, aap kay liye best solution hay kay aap bohot wider TP kay saath na trade karo aur apny orders ko stop loss aur TP set karny kay baad decide hony do. Agar aap hud ko control naheen kar paty to apny computer ko ban karo aur bahir nikal jao trade ka result baad main check karo.

[oreoluwa]

alright thanks very much for you time taken to give out this useful analysis i know this will really help go a very long way in the forex market and Avoid Taking Profits Too Quickly as for me i don't really wait to get much profit in the market but learn to take the little profit i can get from the market

[naijafxpips]

The best solution to the above mentioned problem, which is taking profits too quickly and staying so long with losing trade is by applying defined take profits and stop loss. When i mean defined, you must have worked out how much pips you target every trading position and also set out how many pips you are willing to loss.

[ishvara]

In order to avoid this particular kind of losses, a forex currency exchange trader should know that they should always set up their right lot sizes, stop loss and then take profits. This helps us to allow our trades to exit before we get huge losses.

[moneymax]

�Most of the time I earn a few pips and close out the trade because I want to catch it while it is still profitable. But when the trade goes against me I will hang onto it too long thinking it will come back to profitability but I get scared and close it out so I end up losing more. And then, what�s really frustrating is that the trade ends up moving in the direction of my original trade. How can I learn to �stick with my trade� ?�

This is a great question and it is something that all traders, especially in the beginning, have a challenge with. It is also something that is gained through experience. ("What is the Number One Mistake Forex Traders Make")

A key thing that a trader must do is acknowledge that you will have losing trades. (Learn a strategy to help stay away from losing trades "Breakouts:How to Stay Away from Some Losing Trades")

If a trade moves against you, as a trader you need to be willing to accept that loss just as you are willing to accept the winning trades. Since you are trading with risk capital, money that you can afford to lose, a trader must be OK with that loss as it will not affect their life style one tiny bit. Losses are simply a part of trading.

(If you are not trading with risk capital, stop trading!)

Once a trader accepts that concept, they will be more inclined to let a trade �play out� and not jump at the chance to lock in a tiny bit of profit or become distraught as a trade begins to move against them and close out the position.

Next, be certain that you are taking only the higher probability trades, those that are in the direction of the trend, and that your entries are based on a solid technical reason such as a break of support or resistance.

When a trader knows that they are trading a pair that is in a strong trend, they will have the courage of their conviction to be able to �stick with the trade� as it is in a strong trend. (This does not mean that sticking with a trade in the direction of the trend will insure a winning trade. It does mean, however, that you will be taking trades that have a greater potential for success.)

Once you have decided on the higher probability pair you will trade and know where you will place your initial stop and limit, when the trade executes�leave it alone! Promise yourself that you will only let the trade limit out or be stopped out.

Lastly, be sure that you are following the principles of Money Management. So when the losing trades occur, your losses will be small and manageable.

Practice this discipline many, many times in a Demo account until you become comfortable with it.

:woo:

Indeed, with proper money management is the foundation and principles of a trader. Is based on the exact time of losses, profits, and floating will be faced with the usual and reasonable because it is a risk that must be faced by every trader ;)

[nubieforex]

all trade...............r should know his decision ....................may be wrong or may be right and most Forex traders are familiar with your own strategy and many have made large profits from this strategy.............so they should protect our trader as the market may turn against you and this time you will lose all money you have

[halk11]

I think Forex is a good job.I think money management is the most important thing in forex trading. because the movement of the market moves very quickly, if we are not disciplined with money management, then we will lose our money very quickly. Have a nice day............................................... ............

[Chow.ash]

it is good thinking.one of the mistake traders are doing is when they place an order so they are expecting that the market have to go that direction always.and when some pull back happen they will quit immediately then they can see that their canceled target will be hit later on.so we really dont have to blame the market.

[roro mendut]

if we have a correct analysis, it will be profitable. if any of it will get a loss.we all know that forex contain high risk and it might not suit for everyone . so we must have some thing in our system that can reduce our risk and keep our self protected like using a stop loss in our positions

[saadfsd]

one of the error investors are doing is when they make the transaction so they are anticipating that the industry have to go that route always.and when some withdraw occur they will stop instantly then they can see that their ended focus on will be hit later on.so we really do not need responsible the industry.we have to agree to the characteristics of the industry and research on it.then everything will be better

[halk11]

I think Forex is a good job.I think money management is the most important thing in forex trading. because the movement of the market moves very quickly, if we are not disciplined with money management, then we will lose our money very quickly.Good luck.............................................. ..............:)

[WajeehBJ]

That would depend on what you call closing too quickly or keeping for too long. the simple answer to that would be that before you open any position, you should have a target in your mind that this it the profit i want to earn and this is the max loss i can bear. once any of the target hits, you close your position automatically. infact, use tp and sl so that it won't even ask you to close the position.

[sokcool]

very nice... This is a solution that must be faced in trading today....

[i-idea1988]

"good article

I think, that we can resist the lust for profit cover remaining constant, is the discipline with which we achieve profit targets. and I think it makes sense that we call, money management major also, so that we can survive on our floating.

learn, learn and keep learning ^. ^ v"

[budihanduk]

can not be denied and can not be denied because of something you want to get to success is only one thing that affects our success because of all the things not only in trading that requires discipline because discipline is important and no loss to the discipline even be lucky not all people can discipline themselves

[upline]

Excellent publish and i think every investor should understand this self-discipline and should adhere to the guidelines, the remedy of the issue is to keep with your stop-loss and TP objectives and let the business run unless it strikes your objectives.

[singh adnan]

I made some mistake like what you did in my first trading year. I let my losing position open and hoping for a reversal trend. And that reversal nevr happen and i got margin call. But, when I get profit position, I close it soon. What I do to avoid it, is in every trade, before I fire my trade, I will cacluate my stop loss and target profit. If profit opportunity bigger than lose risk, I will open that trade. So, when my position is open, I know where to close my position, whatever it loss or profit.

[Ryad]

The idea to be disciplined with these two realities is to use stop loss and take profits.. When you use stop loss, you will let the price close the trade with loss if it is in loss already.. While using take profit, you will have a target to be met, therefore you can let the trade run with profits while using trailing stop losses.. If you do not want to control the stop losses, there are experts who do that, you just have to modify the trailing stop box, after how many pips to the entry the expert moves your stop to break even, or after x number of pips, the expert moves your stop loss to +5 or +10 pips.. With that rule, you will close your trade with positive pips, rather than negative pips..

[sudarno]

Good post and i think every trader should learn this discipline and should follow the rules, the solution of the problem is to stick with your stop loss and TP targets and let the trade run unless it hits your targets.

problems stop loos to note for transactions to avoid defeat if you can not run MC. solutions address the MC is let you post a lot of capital to help sustain you when your finances again weak

[Chow.ash]

it is good thinking.we can not accept the losses we experience. because it is human nature to not want to lose. but, we should realize, that in any business, the potential loss or risk is certainly there. we should be able to reduce that risk, not eliminate it. good advice. Thank you, brother.

[casiotab]

The learning process in currency trading goes on and on even when he becomes a professional investor. Forex is not and easy process to analyze and often a lot of research and initiatives. It's a very volatile and unforeseen business which needs to investor to learn on a regular foundation.

[Anas Ashour]

lol this is truly happened with me . your thread is very helpful thank you . i think every beginner should practice on demo accounts more to get experiences and take the knowledge of money mangment

[nilmegh]

yes, you are right, if we do not
use the good money
management on our
trading ,maybe we can being too
dangerous for our trading , so it
can being better for us to let us
use the good money
management on the
trading.

[dais]

i suppose every trader should study this correction and should persist the rules, the whitener of the problem is to adhere with your finish decline and TP targets and let the swop run unless it hits your targets.

[tul]

We do not take the loss that we often experience. I don't want to lose the human nature. However, losses or risks to happen, certainly potential in all of our business should be. We have reduced the risk and you can't fix it. Good advice. Thank you my brother.

[jmsblack18]

The easiest way to keep your trade in track , not hold position losing too long and in other side taking profit is do the right analysis and set your take profit and stoploss limit. Without that , almost impossible for you to getting the right trade. You maybe will hold losing position too long because you doesn't know when you must get out your position in trade.

[dareking]

lol this is truly happened with me . your thread is very helpful thank you . i think every beginner should practice on demo accounts more to get experiences and take the knowledge of money mangment

Sahi kaha bhai aapne money management ke bare mein sabhi ko malum hona chahiye, kafi trader ko iske bare mein koi bhi knowledge nahi hoti hai, wo inko samjhana bhi nahi chahte hai, wo bas real trading high lot se jaldi hi rich hona chahte hai.:D

[atjashim]

Its about encounter what you informed i have noticed this in my lifestyle also and did these errors because i have no instructor in currency trading , i have discovered it through net and still i am being affected by it.

[gagafx]

i think every investor should understand this self-discipline and should adhere to the guidelines, the remedy of the issue is to keep with your stop-loss and TP objectives and let the business run unless it strikes your objectives.

[naziakhan]

Sahi kaha bhai aapne money management ke bare mein sabhi ko malum hona chahiye, kafi trader ko iske bare mein koi bhi knowledge nahi hoti hai, wo inko samjhana bhi nahi chahte hai, wo bas real trading high lot se jaldi hi rich hona chahte hai.:D

han bhai ya bat ak dam thk hai k money management k baray ma sb traders ko jan kari honi cahiyay .ya buhat hi important cheez hai ak trader k liyay .agar money management k sath trade nh kartay hain tu ap acha paisa nh earn kar saktay hain.:D

[rabia2021]

if we try to get profit in the forex market too much quickly then we may take huge risk in the forex market and may be we have suffer loss in the Forex market we always need to manage here our money well and need to read forecast on the daily basis to make here good money.

[mido_mt]

�Most of the time I earn a few pips and close out the trade because I want to catch it while it is still profitable. But when the trade goes against me I will hang onto it too long thinking it will come back to profitability but I get scared and close it out so I end up losing more. And then, what�s really frustrating is that the trade ends up moving in the direction of my original trade. How can I learn to �stick with my trade� ?�

This is a great question and it is something that all traders, especially in the beginning, have a challenge with. It is also something that is gained through experience. ("What is the Number One Mistake Forex Traders Make")

A key thing that a trader must do is acknowledge that you will have losing trades. (Learn a strategy to help stay away from losing trades "Breakouts:How to Stay Away from Some Losing Trades")

If a trade moves against you, as a trader you need to be willing to accept that loss just as you are willing to accept the winning trades. Since you are trading with risk capital, money that you can afford to lose, a trader must be OK with that loss as it will not affect their life style one tiny bit. Losses are simply a part of trading.

(If you are not trading with risk capital, stop trading!)

Once a trader accepts that concept, they will be more inclined to let a trade �play out� and not jump at the chance to lock in a tiny bit of profit or become distraught as a trade begins to move against them and close out the position.

Next, be certain that you are taking only the higher probability trades, those that are in the direction of the trend, and that your entries are based on a solid technical reason such as a break of support or resistance.

When a trader knows that they are trading a pair that is in a strong trend, they will have the courage of their conviction to be able to �stick with the trade� as it is in a strong trend. (This does not mean that sticking with a trade in the direction of the trend will insure a winning trade. It does mean, however, that you will be taking trades that have a greater potential for success.)

Once you have decided on the higher probability pair you will trade and know where you will place your initial stop and limit, when the trade executes�leave it alone! Promise yourself that you will only let the trade limit out or be stopped out.

Lastly, be sure that you are following the principles of Money Management. So when the losing trades occur, your losses will be small and manageable.

Practice this discipline many, many times in a Demo account until you become comfortable with it.

:woo:

Thank you for any virtuous on this valuable information and thank the experts and analysts FOREX system to help them wonderful permanent forum

[manav14386]

Sahi kaha bhai aapne money management ke bare mein sabhi ko malum hona chahiye, kafi trader ko iske bare mein koi bhi knowledge nahi hoti hai, wo inko samjhana bhi nahi chahte hai, wo bas real trading high lot se jaldi hi rich hona chahte hai.:D

ofcourse you have to make proper money management before you invest..with proper techniques and planning,it depends on you..agar aap bina soche samjhe forex mein money laga dege tou aap par pressure ajayenga esliye sahi amount mei hei money invest kare....

[Chow.ash]

it is good thinking. I want to catch it while it is still profitable. But when the trade goes against me I will hang onto it too long thinking it will come back to profitability but I get scared and close it out so I end up losing more. And then, what�s really frustrating is that the trade ends up moving in the direction of my original trade.

[greenpip]

if we do not use the excellent control on our trading ,maybe we can being too risky for our trading , so it can being better for us to let us use the excellent control on the trading.

[nsr.sultana]

The greatest error we do is not allowing the benefit in our business perfect and premature ending places a restrict on earnings while by starting business we keep the same danger dimension. A right quit and focus on need to be triggered at right time.

[ful]

Nice post, I learn the discipline and rules require all merchants to run the business until you resolve the problem. P. Is your goal to stick and hit the target, don't say stop.

[ahmerkhalil]

it is not simple and easy its depend on us and if we have a well and good knowledge then start trading its given us to quike profit and lomg term lose avoide us.

[asmakhatun]

I conceive money management is the most useful occurrence in forex trading. because the happening of the market moves rattling speedily, if we are not disciplined with money direction, then we will retro****e our money real quickly. I skilled this various nowadays.

[sheryraj]

often, we can not accept the losses we experience. because it is human nature to not want to lose. but, we should realize, that in any business, the potential loss or risk is certainly there. we should be able to reduce that risk, not eliminate it. good advice. Thank you, brother.

yes bro i agreed with you and i think we should must be got the knowledge and it will must be good for us and we can got much profit with this and it will must be good for us

[morrent]

The greatest error we do is not allowing the benefit in our business perfect and premature ending places a restrict on earnings while by starting business we keep the same danger dimension. A right quit and focus on need to be triggered at right time.
We should not have any lack while trading in Forex. So, we need to learn and follow each and every term and also should follow the rules to make profits. If you follow MM, analysis alone, then you may face loses by some small mistakes. For example, wrong entry and exit.

[zahira]

We should not have any lack while trading in Forex. So, we need to learn and follow each and every term and also should follow the rules to make profits. If you follow MM, analysis alone, then you may face loses by some small mistakes. For example, wrong entry and exit.
Yes but sometimes the newbie does not want to spend large amounts of capital so that they use the large lot size but not accompanied with the amount of margin that eventually exposed to MC

[Looser]

i can say that it all depends upon your trading strategy, if you have a strong trading strategy, then i think that you will not see the price going againist you except for fewer times.

[awang]

When it comes out to profits disassembling the longer you keep within the market the massive chances the market might flip against you and also your profits might flip out to loses anytime. that will be why no matter profits you've got higher bring it quickly until that market bring it away. negative floating positions ought to have limits up out to 30 out to 50 pips no more than. beyond which you ought to shut your position directly.

[adnanhm]

i think we have to accept the losses... as we know the profit and loss are the parts of the business... so for me cut short losses and let your profit to run ... so simple strategies

[aim_aly]

risk is must in the trading but if you have a knowledge and controll on your emotion then i thing you will be a better trader its a good way to earn and learn but trading wwhen better then you got experinced about it

[horibol1]

I think forex is a good job.one of the mistake traders are doing is when they place an order so they are expecting that the market have to go that direction always.and when some pull back happen they will quit immediately then they can see that their canceled target will be hit later on.so we really dont have to blame the market.we have to accept the nature of the market and study on it.then everything will be better. good luck....................

[dimpal]

main ne app ki post read ki ha app ne achi batain ham se share ki hane app ko pata ha k ham koi profit kamaney ki jaldi hoti ha es liye ham take profit kafi jaldi main lagtey hane or kaam pips par lagatey hane main to gi sirf take profit he lagata houn stop loss main ne kabhi bhi use nahi kiya ha

Ye galat baat hai ki aap stop loss use nahi karte. Trading ka first rule hai ki aap proper Sl use kare. Money management kare. suppose ki aap Sl use nahi karte aur trade waha se change huaa aur aap ka trade loss me ja raha hai to Sl ke bina to aapka account bhi blow ho sakta hai. So mere khayal se sabko aapne trading rule bana kar proper Sl aur tp ke sath hi trade open karna chahiye. Aur Tp aur Sl se pehle trade close nahi karna chahiye.

[horinath1]

, that's the first capital, and with resolve and discipline, we will be able to control emotions and that in any business, the potential loss or risk is certainly there. we should be able to reduce that risk, not eliminate it. good advice job.

[vickymughal]

Do not trade with stoploss, never. But it is also very important to set the proper stoploss, for normal way, the stoploss should set at this point, when the price hit this point, then we can sure the market condition is changed for our trading, so we must exit.

[tamim12]

i think is a good job.I think money management is the most important thing in forex trading. because the movement of the market moves very quickly, if we are not disciplined with money management, then we will lose our money very quickly. I experienced this several times. good job..............

[rubel.88]

often, we can not accept the losses we experience. because it is human nature to not want to lose.Good post and i think every trader should learn this discipline and should follow the rules.a good job.......

[pipsgaining]

You just follow the system or strategy that you test its efficacy and accuracy of the signal before you use it as a system or trading strategy on your real account. and use the money to the extent you are willing to lose it, so you will not feel burdened and can trade with more calm and confident.

[horinath1]

they place an order so they are expecting that the market have to go that direction always.and when some pull back happen they will quit immediately then they can see that their canceled target will be hit later on.so we really dont have to blame the market.we have to accept the learn this discipline and should follow the rules of job.

[akriss]

no why you want to avoid to take quick profit and stop loss for a long time because the scalping depend to this option for make money fast and easy than the other strategies , scalping is risky but it is also profitable too, i think trader have to make a good money management for scalping and they will success easy...

[ilut]

my trading weakness if i must say, this fact is a thing that i am battling with many times now, i think that in such case you shpuld leave the system and go to where you can not find it for some times.

[rahman.41]

i think is a best job.I think money management is the most important thing in forex trading. because the movement of the market moves very quickly, if we are not disciplined with money management, then we will lose our money very quickly. I experienced this several times. best job...............

[sayidatul]

we the traders have some problem that we use huge lots in trade to make profit very quickly. So i think we should use low leverages in trade to avoid it. we can also use stop loss in trade to finish our lose trade for long time...>

[sobia965]

yes of course these are some common factor that we take too much time when our trade goes to loss but we close our trade very quickly when we see that it give us very low profit, i think we should need to set trialling stop loss rather then close our entry in the forex market.

[makali1]

i think is a good job.one of the mistake traders are doing is when they place an order so they are expecting that the market have to go that direction always.and when some pull back happen they will quit immediately then they can see that their canceled target will be hit later on.so we really dont have to blame the market.we have to accept the nature of the market and study on it.then everything will be better.good job.........................

[hunter1]

yes of course we should need to wait in the forex market sometime if we really want to win here nice and easy money we should always need to work hard on the forex market if we really want to win here easy and very fast money in the forex market.

[anuskhan]

jee haan sirf aese ho sakta hai k aap es main experince aur knowle dhe hasil karo kiun ke aap ko pata hai ke forex trading main experince aur knowledge ke bagaer aap apne galtiun ko control nahi kar sako ge aur agar naheen karo gey to loss uthana pary ga

[heru]

I think, that we are able to resist the lust for profit cowl remaining constant, is that the discipline with that we tend to bring home the bacon profit targets. and that i assume it is smart that we tend to decision, cash management major conjointly, so we are able to survive on our floating

[abuls.hasan3]

I also agree with your opinion I think money management is the most important thing in forex trading. because the movement of the market moves very quickly, if we are not disciplined with money management, then we will lose our money very good job.

[yousuf3333]

Creo que la gesti�n de dinero m�s importante en el comercio de Forex. porque el movimiento muy r�pidamente, porque no somos disciplinado gesti�n financiera, as� que vamos a perder el dinero muy r�pidamente en el mercado. He visto varias veces.Buena para quedarse durante mucho tiempo, que la volatilidad de la garant�a en estos our stop loss, el no es digno de Engel y la �nica opci�n que tenemos marcha inferior, pero para hacer uso de la industria de la construcci�n, por lo tanto estamos m�s necesitados de la capital signfiicant.

[sagar]

often, don't accept defeat we are experiencing. because human nature likes to lose. But we must be aware that the potential loss of the company or the risk is certainly there, we have to reduce this risk, it is not deleted. a good advice. Thank you for your brother.Try this shop in the ratio risk/reward can be as small as possible, more profit and less downtime.

[onjon]

I think cash coping with is frequently the most important thing having foreign exchange trading. considering this ability to move within the trade behavior instantly, when my business is no longer inspired acquiring cash coping with, later most people will probably mislay your hard earned dollars instantly. As i found of which a couple of times.

[magdyahmed230]

to Avoid Taking Profits Too Quickly and Staying with Losing Trades Too Long you must follow a strong strategy which should be followed in a discipline way and its apply should be totally isolated away from your emotions.

[workforpips]

You will see it fine if you like to use scalping for your trades you take, you will go in and out of market very fast, but with swing trading, you can hold trades up to some days for weeks. It up to your trading style.

[dafiz01]

First thing to consider in Currency trading is their risk-to-reward relation. You must make certain the probable gain for any trade is over the probable loss. Consequently, use some sort of risk to help reward relation of absolutely no worse in comparison with 1: 2 - that is certainly, risk only 1 pip of loss for each 2 pips of potential benefit.

Why? Because you are not going to be right whenever. Forex investors who've expended years from the markets make lots of losing trades, but since they use an encouraging risk to help reward relation, their bills increase with time.

[abrahafx]

yes, to avoid mistakes in forex, demo trading is very necessary for new traders. Demo help them to practice for trading skills and demo always be free for all, if we lose, we do not pay for our mistakes.

[fxmonkey]

�Most of the time I earn a few pips and close out the trade because I want to catch it while it is still profitable. But when the trade goes against me I will hang onto it too long thinking it will come back to profitability but I get scared and close it out so I end up losing more. And then, what�s really frustrating is that the trade ends up moving in the direction of my original trade. How can I learn to �stick with my trade� ?�

This is a great question and it is something that all traders, especially in the beginning, have a challenge with. It is also something that is gained through experience. ("What is the Number One Mistake Forex Traders Make")

A key thing that a trader must do is acknowledge that you will have losing trades. (Learn a strategy to help stay away from losing trades "Breakouts:How to Stay Away from Some Losing Trades")

If a trade moves against you, as a trader you need to be willing to accept that loss just as you are willing to accept the winning trades. Since you are trading with risk capital, money that you can afford to lose, a trader must be OK with that loss as it will not affect their life style one tiny bit. Losses are simply a part of trading.

(If you are not trading with risk capital, stop trading!)

Once a trader accepts that concept, they will be more inclined to let a trade �play out� and not jump at the chance to lock in a tiny bit of profit or become distraught as a trade begins to move against them and close out the position.

Next, be certain that you are taking only the higher probability trades, those that are in the direction of the trend, and that your entries are based on a solid technical reason such as a break of support or resistance.

When a trader knows that they are trading a pair that is in a strong trend, they will have the courage of their conviction to be able to �stick with the trade� as it is in a strong trend. (This does not mean that sticking with a trade in the direction of the trend will insure a winning trade. It does mean, however, that you will be taking trades that have a greater potential for success.)

Once you have decided on the higher probability pair you will trade and know where you will place your initial stop and limit, when the trade executes�leave it alone! Promise yourself that you will only let the trade limit out or be stopped out.

Lastly, be sure that you are following the principles of Money Management. So when the losing trades occur, your losses will be small and manageable.

Practice this discipline many, many times in a Demo account until you become comfortable with it.

:woo:

Your article is a great share of trading experience, the problem you mention is the trader stop loss order too early and too late.this is the main reason that the trader losses.psychological all is due to trading are unsure about.if the trader to cut losses too late because they hope that the market will come back they will achieve profitability trend, however, is not always the case, so the trader should always rule and discipline.

[kumuranforex]

forex trader is realy amazing.. you should then set take profit and do anything else till your profit or loss is hit, this is the best way for avoiding the effect of emotions on closing trades and stop loss points and wait till the price hit either one of them, so at that time you close the meta trader

[endischa]

we have to make trading plan in our trading so we can know when we have to get in the
market and when we have to get out the market so it is important we have to make trading plan.

[bongkar]

Possibly one of the mistake traders are going to do is where these place and order therefore these are expecting, That the market have to reach that direction perpetually. And as you a few pull back happen they're going to quit immediately, then these will see that their canceled target will surely be hit afterward. Therefore we genuinely dont need to blame the market. We need to settle for the nature on your market N study on it. Then everything will surely be higher.

[jogroforex]

forex trader is realy awesome to do.. All are the important to avoid taking profit is too quickly and staying with losing trader .. Well.. Its a good topic and post that you have shared here.. Well i think the time management, money management and risk management.

[Md. Mominul Islam]

Investors are doing is when they make the transaction so they are anticipating that the industry have to go that route always.and when some withdraw occur they will stop instantly then they can see that their stopped focus on will be hit later on.so we really don't have responsible the industry.we have to take the characteristics of the industry and research on it

[Saira Akter]

If huge loss is possible as huge profit is possible. One trade may move from loss to profit, profit to loss, but it must be come at our target market, we just need to wait. We can use take profit, that you never close your trade until it is in take profit portion.

[blessing5]

To avoid early take profit its alwaysd good to practice the rules of good risk/reward ratio of 1:2,so that you will always take double of whatever it is you are using as stop-loss in your trades.

[runda]

they ought to perpetually use a trading set up to actually avoid this
newbie trader sometimes perpetually let the floating loss and hope to actually get a lot of profit by opening a fresh position
& therefore the result is they will barely get a lot of loss,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

[Discordance]

it is just a matter of time , if you learn and learn properly then you can control it and managed to it ,it is just newbie attitude on how you closing your profit early and holding your lose longly ,good luck and good fuck

[nazeer]

one of the mistake traders are doing is when they place an order so they are expecting that the market have to go that direction always.and when some pull back happen they will quit immediately then they can see that their canceled target will be hit later on.so we really dont have to blame the market.we have to accept the nature of the market and study on it.then everything will be better.

[fxboy]

Mnay traders get in this situation, they are from winning become losing money. This makes by do not know to set target in trading. If you want to have good points for set TP, i think the best way is learning about price action. It can help you.

[Abdul Mannan]

Lack of proper analysis make emotion in mine. We need to use take profit and do not close your trade until take profit touch. Take profit must be set with depending fundamental news and technical condition.

[saeenfx]

very essential publish . I also have a addiction of taking benefit early and acquire my losing business . To avoid it illness to management is very essential .

[malik]

Ye bohot sary traders ka problem hay kay wo profitable trade ko time naheen daty aur bad trades ko bohot time dety hain, aap ko is bad psychology say jaan churran ho gi agar aap profitable trader banana chaty hain to.

[mari1]

for solving this problem you have need for making a good trading plane and have also need for using take profit and stop loss for every trade.

[dan.blanchot]

Using trailing stops ea and lock profit ea seems to be a good idea to
let your winning position running, keep parts of the winning pips into your account and moving the SL into breakeven or in winning region. For me, the mentioned tools are great to be used to maximizing your profits but at the same time, lower the risk by locking few winning pips in case market reverse in different direction.