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When I get successive losses I take a short break from trading and open all my past trades which were lost and I try to analyze the cause of my losses and work on those factors to make sure I do not repeat them.I get back to trading slowly thereafter.
It is better to be careful and cautious all the time when you trade. A trader must not be over confident as the moment he is more confident he can start to ignore facts which might lead to losses for him.
Traders must be careful while dealing with their own success as well as at times they become the target of their own success as they become over confident which leads to ignorance and carelessness and lead to the downfall of the trader.
Don't be afraid to make mistakes in forex but it's important for me to limit losses. If I have experienced losses so many times
in a day, so I prefer to stop trading for awhile first. It's better to limit how many orders at most in a day or how many pips of
losses in a day.
yar main na abi tak es tara ke ko deal nahi ke ah es laya to main na boht zada trading to nahi ke ha main na boht kam or boht he slow trading karta hoon main trading main na to zada emotion zada rakta hon ro na he zada main trading main greed karta hoon.Quote:
Originally Posted by yogesh
Don't be afraid to experiences losses but you must be careful when you face losses so many times in a day. It's not good
for your psychology because it will make you down when you face losses so many times in a day. It's better to stop trading
in whole of that day and make evaluation about your mistakes to become better traders in the future.
Well very tough question because I think that every trader hates to lose in the Forex market and I think that if any one is losing on consistent basis than he or she should try to test his or her strategy and have to make some adjustment in the strategy.
forex me loss jhelna har trader ke bas ki baat nahi hoti..jis trader me sabr hoga aur market ki jaan kari hogi wahi trader loss ko thik se handle kar sakega
forex trading bahut hi volatile trading hai..isme loss bahut hota hai aur har trader ko hota hai..isliye har trader ko loss ko handle karna seekhna chahaiye
take a rest and wait for the fresh mind...do not push so hard to keep trading with bad condition, concentration and else ...we have to do something wise for it...
patience is needed and we do not think to take revenge..this is not good
for it, we have to make calm the mind, do not push hard to trade at the bad situation, just calm and sit down..see the market and make analysis with good or leave the pc and find something fresh..
the risk is always there but do not make it as bad point
I think well very question cause that par trader hates to lose this forex market and think that any one is losing on consistent basis than he should try to lest has strategy and have to make;
agar successively loss araha ho to trading stop kar dani chaheya. our favourable conditions ka intazar karna chaheya. undha dhundh trading nahi karni chaheya.
I often loss because im doing some mistake like:
- Take small profits and large losses.
- Cancel the stop-loss after you have placed on the market.
- In and out of the market too often.
han jab main dekhta houn k market mazeed loss main ja rahi ha to main forex trading ko chuur k es ko sirf wive karta houn or apne apnalysis ko strong kart ahoun takey mugh ko na es main kafi fada hoQuote:
Originally Posted by yogesh
I have several times had a margin call, with that I did not immediately stop for trading .. I learned again about the trading strategy that I tried out the demo trading, seeking capital proportionate to my trading strategy .. I read the experience of other traders to manage their finances ..
i think we should limit our daily trades and also better to wait for good time to take good pips.a professional trader will not trade at every moment.i am sure they will trade with patient and we should follow them.
If you suffered losses many times in a row, so you should make evaluation about what you've done in forex and then
you must fix the mistakes. So don't keep on trading but stop for awhile to make evaluation and cooling down your emotion
so you could trade better in the next. Don't regret your mistakes too long because it could make you down.
if we experience a loss in a row then the main thing we must do for me to find the weak points of our self why we are constantly losing money, maybe we should stop for a moment to enter the market and find important information that we had a soft spot with browsing on the internet , and only then we calm our minds and hearts that do not exist in our minds for revenge against our losses before because it is in vain I think
Looking for continuous capital .. learn with a demo account and learn from others' experiences regarding the financial arrangements, and how they are trading with discipline .. or to continue trading using a small capital market movements, trying to understand .. It is better than abruptly stopped ..
dealing with consecutive losses by making the learning of the loss is the loss that will not happen for the next trade, and before making the trade must analyze a technical trader with their own or seek a reference from a reliable trader or also with the fundamental analysis
@executorQuote:
Originally Posted by executor
i agree with you because consecutive losses can lead to emotional break down especially if we put big lots/ risk too much on every trade.
better calm ourselves first and then come back to the market when we are in good condition both mentally and physically.
In case of successive loss, stop trading and relax for a while. After getting fresh enthusiasm, rethink your strategy, recollect your good times and plan for your new sesseon. Also try to take help from sincere and experienced trader of the forex. Make the way new one and dont loose your confidence at this stage because itr is critical stage of trading,
The best way to deal with successive losses is to minimize your trades and start investigating the reason behind the losses. Most of the time traders start over trading after successive loss in this way to want to recover their loss but instead they lose more and they get margin call. I think after successive losses we should try to find out our mistakes and should take some rest.
the easiest method to deal with this effective loss is transform this type of dealing or strategy. understand this foreign exchange carefully along with make a new strategy then test it inside test, in the event achievement subsequently go up to real account.
but according to me to deal with consecutive losses is to use the SL and a good market trend analysis, so that will make us continue to suffer losses,Quote:
Originally Posted by zafar3536
It's very normal to suffer losses but if you lost so many times and it happened for several days so it's not normal thing anymore.
You need to make evaluation about what has happened to your strategy or analysis, I am sure if there are something which need
to be fixed. If it's possible, doing daily evaluation at the end of whole transactions is necessary.
I think this is the valid point some times we did not consider news and make trader after trade with out considring the economic condition after news at that time if we go through all news than we can safe many of our money and we can avoid this situation.
When i met with this type of condition at that time i left trading and spend time with family and friends and take break of two or three day after that i return to my trading and first of all i evaluate my trades that i loose just to ensure that i will not met with the same type of losses again and make my tradign system more better with this type of evaluation.
many causes of loss, and one possibility is for sure is because of speculation that we do not necessarily true, so we can not say that this forex business has a certainty, however, because our analysis and prediction is not necessarily trueQuote:
Originally Posted by ashar
I take half an hour of break, whenever i face a loss. Then I study the reasons of loss n try to improve. If I face successive losses I shut the PC for the day . Loss occurs only because of deviating from any point of my trading strategy.
sanat reasonable losses due to loss of the father in every business there since. No business is always a successQuote:
Originally Posted by otmanos1
with no keagalan it is not possible if you want to succeed and not fail to be able to fix lai failure
we just can not avoid 100% of the loss that awaits any time if the trader is not careful. if I really had consecutive losses, if there is still the capital I would take a deep breath and think and learn a little back and continue trading, but if I would wait to spend the capital to seek capital from the beginning again with the use of bonuses and back up a successful tradingQuote:
Originally Posted by ashar
consecutive loss when I would take enough quiet time and take the hose in front of the house and then watering the flowers are blooming in the yard, watering the plants while I'll just think of what I'm doing so I lose again and again, until I find the point of the problem
You should restrict your daily investments and also delay for some ideal circumstances .
Many times psychological trading becomes primary reason behind subsequent failures .
So you should control that one and try to build up some assurance by enjoying on little amount with little revenue.
very true but there are many factors that led to our loss, and I think the psychological factor is the lack of knowledge about forex that we have, so basically if we want to minimize the risk of loss in trading, we should be able to master the forex well.Quote:
Originally Posted by s.chandna
It won't happen to me anymore. I don't trade to loss successive loses and if I do have that loses its because its a planned loses. Meaning I did do it simply because I see that I can earn big in my next trade. For example. theirs a big rally coming in and I close all of my sell position hoping to take a ride in this big rally. But same time if its turn out to be false alarm I will going to reopen a sell position.
in forex market beside we use good spychology we also must be know about forex conditions in market, so we can predict where is market will be move. so i think fundamental analysis also very importand for us beside technical analysis.Quote:
Originally Posted by fauzibowo
There are most of the time the trader falls in the trap of loss specially when he start trading for the first time, the only and the best way to counter when you dealing with successive losses is the capability of risk management and keep your mind in patience and it is good to be stop trading for some day and try to evaluate your mistake what is gone wrong??. I am also newbie in forex financial market this strategy really works specially when you dealing with consecutive losses in your trading.
as a beginner I did the same with you. it's just, for me when trading is to utilize the toll "take profit and stop loss" to minimize the losses that I face.but for now I still lose because I have not memorized and know the market conditions that exist
in conducting transactions in forex trading we also bound to make mistakes that can make us lose money, and we will lose money for the losses that we get .. It will make us able to know what our weaknesses, and we can fix it ..