How do you deal with successive losses?

[miketega3]

as a forex trader the mistake we make is when we lose we try to get back at the market by try to regain the money we have lost in a trade, which is a bad decision, when you are making successive losses then i think it is time for you to quit trading for the day

[kalatim]

to deal with successive losses is better to change the trading style or strategy. learn forex thouroughly and produce a new strategy, then test it in demo, if successful, then proceed to real account

[venus]

when i get a succesive losses, especially in three times a row, i usually stop trading to calm my emotion and review my sistem. i need to relax to gain my mind to concentration status to help myself to find the mistake and solve it. i will ensure that i will not met with the same type of losses again and make better strategy.

That was good idea because our psychology will be affected if we experienced losses so many times in a row.
it can lower our confidency to trade as our current system and trading plan. So if we faced so many losses in row,
three times in row, then it's important to review current system and fix the problem

[ndm]

when you have a loss more often then my advice to you all is that at that time its better that you should not trade at that time and must think on the trades and have a look that what have went wrong in that tread try to locate the problem

[hanna]

the price on the chart makes successive highs and the indicator shows a successive ... We conclude the deal on the opening price the next bar after the ... Stop-loss is placed below the local minimum in the near or under loss.

[dharampal]

if you go in successive loss then you dont have good knowledge about trading and also your strategies is not good my advice go in demo account do more practice there and make new strategies for small profit which enough for your to recover your money with in 1 month or 2 month.

[mojan]

i bet if anyone is having continues losses he should know that he has a problem with his trading strategy and should be able to change it .a good trader should be able to make a net profit of 50percent every month.

[boniez]

initially bound to be very painful, but I'm trying to be patient, because I believe that there are experiences that we can get from it, anyways as we also believe that the profit or loss it in turns

[venus]

In forex, it's normal to experience loss but it's not normal anymore if you are experiencing successive losses in a day. It is possible if you lost because you can't control emotion well, so it's important to have evaluation after lost to know the mistakes. But the most important is preparing good risk management to prevent big losses.

[ermaniso2011]

sometimes l cant control my hands and l just open some trades without any signal or purpose and most of the time it will end with losses.so what l have find out is to trade in right time.opening a position with eurusd during asian session will just be death trade ,you will have to wait for hours sometimes to see the result.it will not move too much during asian session.so to less my losses l trade less and only at the right times.