Victorial
Active member
Experts do say that losing your money is part of learning forex trading. Of course, we do not want to agree with that but it does seem it is a bitter truth. One goal we have in all kinds of businesses is to make profits by all means. Forex is no exception. It is an online business and it even provides you a source of employment as you can be on your route to financial freedom.
With that said, you have to learn how to deal with losses when they come. They say winners never quit and quitters are not winners. So when you place a trade and it doesn't go well, learn from it. That is how you learn from the wrong moves that cost you your money. As for me, I am always scared of losses and that is why I do close trades very early.
Closing trades very early has cost me to lose many profits because I am always hoping that this trade will not go well. Even if the trade is placed at the right time and the right entry, I am always scared that it would end in losses.
Each trader should deal with losses and fears
With that said, you have to learn how to deal with losses when they come. They say winners never quit and quitters are not winners. So when you place a trade and it doesn't go well, learn from it. That is how you learn from the wrong moves that cost you your money. As for me, I am always scared of losses and that is why I do close trades very early.
Closing trades very early has cost me to lose many profits because I am always hoping that this trade will not go well. Even if the trade is placed at the right time and the right entry, I am always scared that it would end in losses.
Each trader should deal with losses and fears