How you can protect your loss in Forex trading business?

[preimangan]

The simplest case is that i when open a deal then there should be stop loss with every of my trades and the second step i do to hedge my account or trade partially and close it when i think that it is a good place for me let alone after that if i found out that there are a lot of losses then i stop trading for a while and check out the cause of the problem and even if it meant that i need to change the strategy i am using

[anko1]

You can protect yourself from losses in forex by analyzing the market before opening any kind of trade. On the other hand if we start practice on a demo trading account so we can minimize the loss in real trading account

[Mohamed Kamel]

there is no protect from loss but you can reduce your loss ,i think any trader have looser orders ,loss is acruel lesson for all traders to learn and stop it from happening in the future

[matirmoina]

And less revenue, you have to think about is not the money, after all, are you even if you were the right knowledge about enough data on the foreign currency market means not only can protect against damage that Bob is currently winning.

[sayuki]

According to my personal view of trading , i think small profit is better than doing big loss in trades .It can inspires a trader to go ahead .

[allihafatima123]

according to me i think that it is very much easy for us to learn and earn in this business but also in this business we need to be work really very hard so according to me i think that we can easily protect our loss but for this purpose we need to be very much careful in every situation.

[shinobi]

Every mistake teach you very carefully that do not do this again as There are no such strategies that guarantee to avoid loss after all Dear if we want to avoid the loss we should avoid the greed in this business and learn the more skill of trading market and we should seek the knowledge more and more till If we avoid our loss then i think we need to do hard work rather than Be care any time of market on fluctuation situation

[fort]

There is no definite way or methods of protecting yourself from loss entirely but there are a couple of ways to keep these losses in check by taking use of stop loss functionality, buying in small lots and using low leverage. These altogether can significantly reduce loss occurrence not not entirely

[kamandanu]

I need to pass an abject moment so i might wait for this man like then they firs evaluate and find mistakes himself and solved the mistakes and did not reputes this mistake as if never give up, and feel chagrin for my maladroit in trading. of course i will recover the losses but in fact this might take some times again to recover my losses only than i will come bakc to the trading

[mayank.cool]

the timing is really the important think to get good result, some trader are confused when they use stoploss they stoploss is reached, you are willing to consent the most awful setting just about it, and strategy. Proper money management reduces the risk of loss and save the account from the loss. I think I should flow a good money management for it.