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good morning its a great uestion or main jab bhi trading karta hun to hamesha market ko zaror dekhta hun k ye kahan jarahi hai or news ko zaror dekhat hun kio k issy hamain trad ka andaza hojata hai k hum loss ki taraf jarahy hain ya profit ki taraf .
That's the best thing to do if you are facing too many loss at a time, you should take break and wait for a good opportunity to come before toy enter the market to trade using anger to revenge will only make the trader to suffer more loss, so the best way is to stop trade and wait for the next good opportunity.
Lose hotahe every business par but jub trader koie plan ke alowa trading kortahe tub lose to hogahe. Trader ko lose roknake lea trading plan assah tarake trading korna chaiea jo ke trader ko lose ke upor control kor na shikasaktah. Trader ko money management use korke trade korna chaiea jo ke es businss par bohote jeada important hotoahe.Quote:
What is best way in your opinion to deal with successive losses?
lossess ka market mai humy jub is tara ka experience hota hai to humy normal say zada dukh hota hai kun k hum nay market ki move ko nahi understand kr saqty hain or khud ka is mai loss krty hain is liay humy khud ko is kaam mai safety k sath kaam ko krna hi behter hota hai zada ka lalach humy nuksan daita hai
According my opinion ,forex is the best business and we can do this business easily and can earn good money from this business so we must have to d o this business very seriously and keep gain huge trading knowledge , thank you .
The forex should be able to concentrate is some situation like this when he get some successif losses and he should know how to stop this and try to recover this losses and this is by opening positions with more cautions.
if you make a top lose and take profit for your postion u will never losse more than 3% and u mus kwon in forex except I used risk management in any conditions in the market.
Besides I should use risk management in every transaction, I should limit maximum orders in a day and maximum losses
in whole day. I must determine how many pips of losses
I think that you should take a break when you see that the market is not work with your analysis , it's better for you because you will trade under the influence of the loss and you will not trade correctly , also it's better for the traders to avoid trading when you see that the market is moving crazy or it's not clear.
forex trading mai9n mujhay har baar loss hota hai ab mujhay smjh nhi ati kay mai is main kis trhan sai trade kia kron kia ap ko is main faida hota hai agr hota hai to aap mujhay btayen kay mujhay is main kis trhan sai kaam krna chaahiye ta kay mujhay is main earn krnay ka moqa mil skay
If you face excess loss in a day, you should exit the market in the best time to avoid more loss, trading more will only lead to more loss, so for a wise forex trader he or she will stop trade and calm their mind before they enter the market to trade again.