What steps do you do in case of loss?

[fibo]

many of us is got the loss becuase of that thing, and i am also one of them too, i can got the loss most of the time that is because i do not have the good knowledge and still want to make the big earning with the greed and fear

[shinji]

the best thing to do is close my position in market, it would be better than suffer more loss. then i will read the useful information and rethink my strategies and set my position again in market. hoping to recover my previous loss.

I think a greedy man loss every where because he all time thinking get profit. Forex is on of greedy place but you want get profit in forex please mind it not buy and sell in greedy mind.

[bullish]

This discussion is very good for the loser, who would lose money on the sale, so I would say Yu are losing money to not lose your mind after Evry person in the world, if you lose money, but should also become a legal and business in the future

Knowledge is the most necessary in trader because without knowledge we can not get any thing.After knowledge hard working is important if we will not do hard work then we can not gain our goal.Money management is also very important in trading.If we will manage our money in a better way then it will give us profit otherwise we can face loss.

[dmdaknsxa]

The most try is that to played on low margins and if i am ocured in some losses then try to keepped that loss and trade and it is not effect very much on capital and one day it can be in profite and i am earn from its !

[haney]

my dear friend, we need to accept everything as the consequences for us, for losing and also winning with gracefully,
then we need to prepare ourselves with good mental, not easy to accept losing and even big losing
but with open mind, then we will start to evaluate for what we have done and accepted, it is very important for to do, because the way to know the mistake and how to fix and complete it,

[thirupathi]

The review you can take a learning about control emotion and manage your money and of course the risk is important to manage to manage too. Because some nebie trader mndset must changing from profit oriented to how to manage the risk. And include the risk in they trading plan, Because if you plan your loss.

[zakdam0001]

This discussion is very good for the loser, who would lose money on the sale, so I would say Yu are losing money to not lose your mind after Evry person in the world, if you lose money, but should also become a legal and business in the future

[Ramlan Fs]

step that I do is stay patient and come back for the next day in order to create greater profits well and therefore I will do this very well to reduce my loss.

[ashvi]

If am facing too much of loss then i make sure to check the steps which i have taken for effective risk management so that i can reduce or minimize the losses and implement ways to ensure the same. Thus minimizing the losses is very much important for the traders.

[jogja]

What steps do you do in case of loss?

often new traders who are still experiencing a loss is always a headache how will I escape the fate trading or not so ...
and all of that will affect the work as well as mentally disturbed at the loss
how do you respond?

When we faces a loss like this, I think we have to correct ourselves, respectively. So we'll move better, we must realize that our defeat is something that must be fixed. That we need to avoid the loss of good risk management and money management are also steady.