I see that if we already know the theory to determine the loss of money in the forex, what should we do if we still do not as a bisamengontrol our emotions !! as such, the major problem faced by many traders over the years !!!
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I see that if we already know the theory to determine the loss of money in the forex, what should we do if we still do not as a bisamengontrol our emotions !! as such, the major problem faced by many traders over the years !!!
Those are great ways to avoid our money waste in our trades, but the question is can we be a discipline traders to do that? Since sometimes we can't control our self when we got so much profits or got so much loss too :(
Loss is a must for any trader in the Forex, but the good news is rolling who knows how to turn following the loss to profit, And greed is, among the main causes of loss, because it is the main enemy for-profitQuote:
Originally Posted by wdajwa
There are many ways to avoid loosing money in forex business. First of all before starting forex we should gain knowledge of forex . We should learn properly all forex skill, forex strategies and all forex techniques. We should choose a best pair of currencies. We should know the usage of forex tools like take profit and stop loss.
Thank you my brother distinctive tips I hope everyone can follow in order not to lose his money, the most important thing is to manage the capital and finaly i whish best trad and huge profit for everyone
Thank you very much for this extremely useful thread about tips to avoid loss. I really enjoyed reading it and all the tips are very good and valid. I would recommend this thread to all beginners. They should read it and act upon these pieces of advice in order to avoid loss. main reason for loss s that most people do ot trade according to these tips so they remain in loss.
g bilkul ya sab baatin mil k humain loss krva dati hin in k ilava greed or emotions b humary dushmain hian in ki vja sy b humain loss ka mu dykhna pr skta hy
we should gain knowledge before starting forex, forex loss a lot of money because of lack of knowledge about forex. Try to trade on demo account first to find your style of play. and also deepen the fundamental analysis.Quote:
Originally Posted by Dawood
On prime of that, you must keep a commercialism journal. build. Demo for ought to be roughly identical quantity you want to take a position and so you need to attach thesame price you'd attach to demo as if it top of the commercialism may see sure habits that cause you to loose cash.
there is no way that we can avoid lose easily every time we have to do that we think carefully and measure our riskd effieciently and effectively but you will never be totally safe from losses so always be careful