How you can protect your loss in Forex trading business?

[shemul]

forex trading is a very risky business so every trader should trade after learning forex very well and practice it with a demo account minimum 6 month before going to real account. i specially use stop loss to protect my balance because it helps me from a huge loss. i think a new trader should use this process to protect their loss. many expert trader trade without it but many of them use it.

[mohsin5757838]

you can used proper stoploss to protect your account if you not used stoploss then you will lost your money flash crash and high voltality will wash out your account so stoploss must be placed in every trade you taken its protect your account

[sufiyan22]

tp and sl ye 2 cheezey jo ke bohat se trader use less samjhtey hn vo bohta hi ghalkat hn tp to chalo samaj ata hn but sl a btao isse apka loss fix ho jata hn and loss recover rne me bohat hi madad gar rehta hn jo ke 1 ache trader hone ki alamat hn to sl is must to recover the loss

[Nasirmahmood]

you have to make a strategy where you can avoid loss for this you must have complete knowledge of forex market and have the ability to solve the problems . use indicators to see the market trend and be at safer side.

[saam]

You can not protect the loss. I think that the maximum amount that you can protect only and only by the experience and by the efforts. I think the one can minimize the loss by having the maximum efforts and maximum hard works.

[amr2016]

Forex main agar kamyab hna ha to pher is tarha ke stategy bnani chahya jis main loss ky chances kam sy kam hon aur ap ka question ha k loss say kesay bacha jay to bhai is k lia bht se cheazon ko mady nazr rakhna parta ha sab say eham money managment ha aur analysis. In k elawa behr business plan aur unemotinal pan ap ko loss say save kerny main helpful ho ga.
then you need to use stop loss, cut loss and hedging to protect you balance from big losing, and the important thing here, you are ready to accept the worst situation about it, and with them then you can limit it, well, we have to do something before floating minus become big number

[senior]

There are many ways to protect account as many as traders. But you can try this one: First of all you should set a limit where you cannot go futher a day/a week/a month depends of your account. So if you lost X amount of money in specified period of time you should stop. Stop and think not stop trading at all just wait a little bit. You need to clear your brain, take some time to refresh your view,and then go back to action.

[Aatas]

forex trading mein loss sy bachy k lye apko chahy k trade latagy waqt take profit or stop loss use karna chahy taky apko oss kam ho. es k ilawa apko ager trading ati hai tu bhi apko loss kam hota hai. forex trading mein 100% profit nahi hai tu loss bhi 100% nahi hai

[mohamedadnan]

By following the strategy has
Ras wise money management in order to safeguard the
My account balance
Must be conservative on this balance
Whatever limits should keep it more than they win
And love must avoid profit loss

[aoubidf]

Yes i can protect my profit in this fast market .If i want to protect my profit then should control my emotions and always make it done anyways.This is a basic rule of protection from loss.Loss is a part of business but a lot of loss make us loser of market and also a poor.