Proper money management and risk management will only limit our loss but if there is some errors in your strategy or you are becoming victim to emotional trading, you have to rectify those things. I am sure same happening with jazpa.
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Proper money management and risk management will only limit our loss but if there is some errors in your strategy or you are becoming victim to emotional trading, you have to rectify those things. I am sure same happening with jazpa.
The best thing that happened to me in Forex trading is that I have not lost any money so far.Although I have made little profits since the time I have been trading but it is better than loosing money.So I have not lost any money yet and i look forward to stay the same way.
I used to trade in Forex few years back but that was just like gambling as I did not used to know anything about this trade and it was just speculation.At that time I lost $ 500 in one go within few hours and i quit trading after that.
Many of the new traders are loosing in the forex. This is because the market involves a lot of risk and the uncertain movements.
we have to prepared for the loss
Till today I have lost almost $400 but I am not sad on this loss because this loss had given me the lesson of earning profit. After losing this amount I have learned the actual trading. After losing this amount I have earned almost $340 so my net loss is $60 now. I am so hopeful that one day I will be in net profit.
Maine ab tak almost $100 har chuka hu. Bu i have get the lesson from that loss and now i am making some profit from my trade without losing any amount from my balance. Mistake always teaches you. You have to listen to it.
hmm well these days m trading in demo account made some profits but small onces as my capital gets stroger will move into 2nd phase :)