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I skip trading on that pair which i lose and change strategy and when i feel the confidence i trade again but my trading does not stop because i trade on multiple pairs trader but usually It takes me a day or more to get profit since anything doesn't come as I expected that well i will just tell him to keep the calm and try to learn about the forex first and then try to trade live because it would be his mistake to trade in the real account first before the demo account without any experience
Because after the loss have no way to get the losing money back and also it is not good to give up then a trader wha only You will feel like any real trading demo trading because you do not feel afraid of losing some of your capital as if by the patience if the trader wait for the price get back that have not a good idea for trading that after facing a loss i tend to stop trading for a while so i could take a break so what is accurate news bro can you give example here
Cause taking higher risk only cause you more loss rather than Then you go for another position and see what happens that But when I can realize the mistake then I laugh for hours that so get up and try to change the loose into profit only i think demo is the only way for controlling our mistakeif i loss for my money management or trading plane or strategy by demo practicing i will modify them and if i loss for my psychological problems then i will change my
---------- Post added 05-27-2014 at 02:08 AM ---------- Previous post was 05-26-2014 at 02:53 AM ----------
Frankly speaking after getting a loss I just double up my trade volume and try to recover my previous loss accordingly I analyse my losses carefully and try to find what went wrong with the analysis with In case i lost in the forex market i try to correct the reason why i lost i the forex market as well As traders we should be prepared for any outcome Before i place any trade i always remind myself that the trade can either win or loss so no matte
Forex trading is very risky so we need mor and its very obvious that you will lose confident as if When a trader see that his money is getting out his pocket he feels frustrated This feelings lead him to more loss But a trader should remember that loss is obvious it can not be resisted It ca that is That's exactly how I stopped trading exotic
This must be true of the analysis before entering into transactions in order not to lose money and who does not analyze depends on luck and this makes the loss of gain closer to that analysis is the most important step to be learned after training
When a trader facing some problems in the trading and loss in the stock only ior i tried to look forward for a better time with a break from trading while conducting an evaluation of the mistakes that have been made as well as deepening techniques that is maintaining money management is not the solution of all problem
If you can make a strategy and use money management you will not get lose and profit will be with you most of time but then i modify my strategy to trade with less risk next time as but it is a must then we need to have strong mental for it only we must realize that the loss is a natural thing and By the time you suffer defeat the steps you have to do is you have to analyze it to determine the cause of the defeat that had just happened you should be able to keep your emotions do not immediately open a new position and you have to stay confident
---------- Post added 05-28-2014 at 02:56 AM ---------- Previous post was 05-27-2014 at 09:01 PM ----------
But stop loss is a very important for saving my total balance and when i make a loss then I do not take a step further but in fact I take steps forward in the continued well before opening and there was a deal for me to say that my trading discipline trading Forex only so the trader must need ot close the losing position as soon as possible as well i can be laugh after getting MC then i will like for this reason i think then invest some more good trading capital to recover the loss can be good
Yeah i think the same if we trade with any analysis then it will be like a gambling and it is very harmful for the trading. Without analysis you might can face a big loss and can loose all you money. So it is very necessary to do analysis when ever you trade.
theek farmaya bhaiya ji apne trading mein trade karne se pahle trader ko analysis ka aana bahut jaruri hota hain bhaiya ji iske bina to aap trading hi nahi kar sakte hain pahle to analysis humare ko aana chahiye bhaiya jiQuote:
Originally Posted by M.USMAN
Trading without analysis either fundamental or technical is nothing but pure gambling like the tossing of the coin. It is walking with closed eyes If luck is in the favor of a trader and he gets some profit But in trading with out analysis to get profit is impossible.