What do you do when you loss?

[shinde]

yes we have to lose atleast once,and i am sure that loss only teaches us a good lesson.
so the only thing we can do when the trade is running in loss is change SL value or close the trade or let it be open if you are sure that the price will reverse back.

[shinde]

the first decision of switching off the loss and cooling is good,but second decision of opening big lot to cover previous loss is somewhat risky because i have did this and got MC.
so just cool yourself or analyse properly and enter the trade.

[lax]

well,what you people are telling is what you do after loss.But the topic is what you do when your trade is facing loss.Actually its better to close trade when in loss.And waiting for reversal is risky,unless we are fully confident.

[lax]

yes,but we have to think and check properly whether there is chance for reversals.Because the price reversal happens only few times not all times.If we get into wrong trend and wait for reversal our loss will be high.And if we dont have SL,then condition will get worse.At that time closing the trade is good option.

[aadrika]

Do not lose hope as losing in forex trade is part of forex trading and someday you will get loss trades and someday you will get profits trade we have to just maintain more profits than losses.

Losing in forex trading is actually the choice of most traders. Those that chose to make a loss, make losses and those that choose to profit make profits. You see, in forex trading, we have daily opportunities to take 10 pips or 20 pips out of the market but because many traders want to prove that they are experts they target 50 pips, 100 pips or even 200 pips per trade. I am in forex trading to make money (green pips) and not to showcase expertise in analysis.

[bestlooser]

npthing bas zara sa afsos hota ha or phr se main naye sarey se forex trading karne ko tiyar ho jata houn pichli bhul ko wahin rehne deta houn or phr new target slect kar k main phr se forex trading main aa jata houn or phr se buyer or seller ki war shuro ho jati ha

waqi yaad afsos to bohut hota hai kyon saari mehnat zaya aur paise bhi zaya aur dobara start karna parta hai sab aur sab expectations khaak mein mil jaati hain aur new target start karta hai trader in a very sad mood and phir aap ko mehnat karni parti hai aur jo mistake hui usko mat repeat karna bus theek.

[muhammadatif]

When I face loss about 20% of my current capital first of all I close trading and try to know the reasons and market position. Learn more about trading techniques, different signals and graphs.

[lax]

npthing bas zara sa afsos hota ha or phr se main naye sarey se forex trading karne ko tiyar ho jata houn pichli bhul ko wahin rehne deta houn or phr new target slect kar k main phr se forex trading main aa jata houn or phr se buyer or seller ki war shuro ho jati ha

[lax]

mera bhi wesa hi hai..mein newbie hone ke kaaran bahut experience nahi hai..or mein jyadatar scalping se hi trade karta hoon..as i have less knowledge

[dickvr46]

when ever i loose money in forex market, i try to realize my mistakes and then i keep on working them and try to ignore them in furthur trades..
This is my strategy of handling my losses

Yeah,its better way of trading ,you should always learn from mistakes that results losses and never make the same mistakes again they you can become successful trader.