How do you deal with successive losses?

[TauqeerHaiderRizvi]

The best way to go With loss procedures is to change the style or business strategy completely and make a new strategy to try the demo if successful, and then go on a real account. refresh yuor mind with some outing or place which you like more.

[volt]

when i got the loss better i do not make any dealing first , because i think that is also too risky for me to deal again when i got the loss, because at my loss i am also being got the bad emotion inside there

when you get a loss that you are not kept out of the market and think for a moment look fatherly fellow traders tell me what exactly is your problem. you should have time to learn after that you can time your trades as you like.

[joru]

A trader must always be motivated and find a way to curb their depression as it is not good for the traders . Depression can cause a trader to feel low and laid back which is not good for any trader so a trader must always stay motivated.

[terajana]

in conducting transactions in forex trading we also bound to make mistakes that can make us lose money, and we will lose money for the losses that we get .. It will make us able to know what our weaknesses, and we can fix it ..

[bu'd]

as a beginner I did the same with you. it's just, for me when trading is to utilize the toll "take profit and stop loss" to minimize the losses that I face.but for now I still lose because I have not memorized and know the market conditions that exist

[syedasadsiddiq]

There are most of the time the trader falls in the trap of loss specially when he start trading for the first time, the only and the best way to counter when you dealing with successive losses is the capability of risk management and keep your mind in patience and it is good to be stop trading for some day and try to evaluate your mistake what is gone wrong??. I am also newbie in forex financial market this strategy really works specially when you dealing with consecutive losses in your trading.

[Nganti]

very true but there are many factors that led to our loss, and I think the psychological factor is the lack of knowledge about forex that we have, so basically if we want to minimize the risk of loss in trading, we should be able to master the forex well.

in forex market beside we use good spychology we also must be know about forex conditions in market, so we can predict where is market will be move. so i think fundamental analysis also very importand for us beside technical analysis.

[budado]

It won't happen to me anymore. I don't trade to loss successive loses and if I do have that loses its because its a planned loses. Meaning I did do it simply because I see that I can earn big in my next trade. For example. theirs a big rally coming in and I close all of my sell position hoping to take a ride in this big rally. But same time if its turn out to be false alarm I will going to reopen a sell position.

[fauzibowo]

You should restrict your daily investments and also delay for some ideal circumstances .
Many times psychological trading becomes primary reason behind subsequent failures .
So you should control that one and try to build up some assurance by enjoying on little amount with little revenue.

very true but there are many factors that led to our loss, and I think the psychological factor is the lack of knowledge about forex that we have, so basically if we want to minimize the risk of loss in trading, we should be able to master the forex well.

[s.chandna]

You should restrict your daily investments and also delay for some ideal circumstances .
Many times psychological trading becomes primary reason behind subsequent failures .
So you should control that one and try to build up some assurance by enjoying on little amount with little revenue.