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it is very tough todeal with successive losses we can reduce our loss if we have good knowledge and use proper money manegement we shoudl trade patience and make smakk earnining in start once we have good capital in our account we should think for big earning
When successive losses experienced things I do first is to correct and analyze my actions before, why could happen that way and how to fix it ..
I did not immediately start trading again in order to pursue my loss, because it would make me even more emotional. Before I could find the mistakes I make and fix it, should I not trade during that time ..
trading foreign exchange involves a more precise risk management than other markets due to the presence of excessive leverage, combined with periods of relatively high volatility rates change. le money management allows an investor to manage its earnings and its pertes. les money management objectives are to maximize earnings, but also, and perhaps more importantly, reduce the risk of uncontrolled release.
hanji trader se agar bahut saara mistakes apne account aur market me ho raha hai to eska matlab trader ko fir se apne knwledge aur practice ki taraf dhyaan dena hoga kyunki yehi hard work trader ko fir se karna hoga jisse wo apne aapko improve kar sakenga..Quote:
Originally Posted by ishvara
we should accept the lose money through trading forex if we can not do accept it ,so we can not continuous to trade forex and achieve to what we wish from trading forex and its the normally of trading Forex there is lose and profits but day by day we can be a lees lose money or avoid to get it
Mere khyal mein jab heavy losses ho rahey hon to trading fouri stop kar deni chahiye aur deeply analysis karna chahiye is ka aik behtreen triqa ye hay keh is situation mein analysis key liye demo account use karna chahiye, this is the best way to recover previous losses.
Jab humen suddenly bahut loss ho jata hai to humen ye samjhna chahiye ki market humare favor me nahin hai aur humen trading ko stop kar dena chahiye aur tak tak wait karna chahiye, jab tak ki market ki condition humare favor me nahin ho jaati hai.
bhai agar humein successive loss hota hai toh humein apni strategies aur analysis par dhyan dene ki jarurat hai aur humei nye jaan ne ki koshish karna chahiye ke kya wajah hai ke humein loss ho raha hai kya humein strategies change karne ki jarurat hai ya hum sahi se analyse nahi kar rahe ye pata karna chhaiye .
yes it is better that you should dont do the trade all the time but start trading when you see a strong setup which can give you the maximum profit then you can start this trading if you cannot stop yourself by doing this then it is better that you should do this on the demo account not on the real account.
I can add to this thread that if you have consecutive losses then we should stop ours as a traded for as a whiled, in the 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 !