How do you deal with successive losses?

the best thing to do is to stay away of real account trading after a loss. you need to relax to gain your mind to concentration status to help you to find the mistake and solve it to avoid in the futur

if i make successive losses, then first of all, i will review my strategy...because there will mistakes in my strategy which makes me to loose money again and again...so i will sort out those mistakes and then make a new strategy....and i will test that new strategy on demo account and then after few days,i will use it on live account, if it works more effectively....

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Originally Posted by MTEBESSI

the best thing to do is to stay away of real account trading after a loss. you need to relax to gain your mind to concentration status to help you to find the mistake and solve it to avoid in the futur

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It is true , because when we lost our money, we are very frustrated and in the mood of taking revenge on the market.
We should never continue trading in such mood as it affects adversely the trading results. The best way is to stay away from market relax , do some soul searching, do Demo trading to improve the skills then come back.

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Originally Posted by MTEBESSI

the best thing to do is to stay away of real account trading after a loss. you need to relax to gain your mind to concentration status to help you to find the mistake and solve it to avoid in the futur

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yes, you are right, we need to relax to get rid of our emotions, because after we suffered a loss in our trade, then we will have emotions and we wanted revenge, because it's better we stop doing the trade, and wait until we are back to normal psychological conditions .

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Originally Posted by yogesh

What is best way in your opinion to deal with successive losses?
When i encounter days giving me frequent losses i simply stop trading and sit in cash waiting for more favourable market conditions.

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han akser aes ho ta ha k ham musalasal loss main chaley jaety hane or es ka mere khiyal main to ye main hal ha k app kuch der k liye market ko churr den or rest karen or market ko sahi honey den yeni market app k haq main ho jaye

if you have consecutive losses then we should stop our trade for a while, in addition to re-read and understand the market we also need time to refresh our minds so that we can think clearly, because if we had consecutive loss usually it will make our minds a mess....

Dealing with successive losses is hard. You will feel bad and depressed, but do not worry you will get better, just have to learn how to trade more and improve on your skills. You should buy more books on forex trading or learn from expert traders on this forum.

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Originally Posted by realfun07

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.

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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

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.

When i get successive losses then i think that my analysis is get wrong so i refresh for sometime then again come to re analyze charts and then make orders.