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Results 1 to 4 of 4
  1. #1
    Senior Trader
    Join Date
    Mar 2015
    Posts
    389
    Post Thanks / Like
    Credits
    117
    My Language
    English

    Forex trading and loss!

    No doubt, Forex trading is very risky profession! By the way, when a trader does Forex trading, then his main aim is to make profit all the time! Definitely, high loss percentage always discourages a trader to trade in Forex market! That’s way, I believe loss has been a huge enemy to any trader of Forex!

    In addition, a lot of hard work is needed to avoid big losses in Forex, with good trading skilled and standard analytical power! But when a trader face huge losses in his or her live account consistently, then it would be better to back in demo again and practice more!

  2. Thanks Jillur Rahman thanked for this post
  3. #2
    Trader
    Join Date
    Aug 2016
    Posts
    74
    Post Thanks / Like
    Credits
    45
    My Language
    Arabic
    Yeah, it’s true Forex trading is not easy way of money making and it’s very possible to lose huge money if a trader try to make here big money without conforming his or her good trading skilled! But, I know this is the most profitable business in the world!

    I don’t care my losing trades as I know I have enough weapons to recover my losses! Yeah, I am confident about my personal trading strategy that I made in my demo! Discipline is one of the most important pillar here! So, I never trade manually without conformation of my trading strategy!

  4. #3
    Senior Trader
    Join Date
    Mar 2015
    Posts
    389
    Post Thanks / Like
    Credits
    117
    My Language
    English
    Actually, we have to keep on tracing the root of our mistakes in Forex trading and we have to stop investment here farther more money until we will be able to avoid our previous mistakes! Learning is the most reliable way to be a professional Forex trader! In addition, only professional Forex traders can avoid here MC! My goal is just the keep on learning more!

  5. #4
    Senior Trader
    Join Date
    Mar 2015
    Posts
    403
    Post Thanks / Like
    Credits
    127
    My Language
    English
    To be honest, till now I can remember my 1st year trading experience! I lost my demo account for 8 times when I try to build here a proper trading strategy! I think, loss is very common scenario for the new Forex trader! Similarly, all of new traders have almost same experience, but which traders focus on their process rather than their trading result, end of the day they are the successful Forex traders.

 

 

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