Trading Discussion Real Forex Traders Learn To Like Losses.

[kevolit]

As a forex trader you have to learn how to take losses. Period. Don’t be a crybaby. Learn how to take losses.

Learning how to take losses is one of the most important lessons you must learn if you want to survive as a trader. Nobody is 100% right all the time.

Losses are inevitable. Even Michael Jordan and Tiger Woods lose sometimes and they’re considered the best in their field.

There will be trading streaks where you’ll have a number of successful consecutive trades, but that will eventually come to an end you will take a loss.

As that point it’s very important not to lose your head, you must remain in control of yourself. Don’t have a cow man.

Take a break. Calm down and relax. Take a chill pill dude.

Until you’ve regained a clear mind and an ability to think logically again, stay out of the market.

Don’t whine about your loss and never carry a prejudice against a loss.

The key to manage losses is to cut them quickly before a small loss becomes a large one.

I repeat. The key to manage losses is to cut them quickly before a small loss becomes a large one.

Never ever think that you will never lose. That’s just ludicrous. Losses are just like profits, it’s all part of the trader’s universe.

Losses are unavoidable. Get over the loss and move on to the next trade.

 

[marcusfe]

This is part of the secrets of forex trading that is not open to many newbies. As a forex trader, you must train yourself to embrace losses as part of trading, even when you're not making any losses for a long period of time you begin to wonder if something is wrong somewhere so that you're not just in for surprise. Many newbies forex traders lack this characteristic and that's why they keep losing at all time. Whenever market goes against you or you eventually lose a particular trade, you just accept it that way. The mistake most people make is to fight the market back which is very wrong and dangerous.

 

[Dita Walczak]

Real Forex traders usually learn from losses. But if I think that it is never possible to go ahead in trading without learning from loss. I have to trade with a positive attitude. The regular journal must be maintained. If a trader does not maintain discipline and plan, it will be very difficult for him to make a profit.

 

[Robson Dey]

As a new trader, you must first learn. It is not possible to survive in Forex without learning and trading. You can never make a profit without knowledge and discipline. Because Forex is not an easy thing, it is not possible to make a profit by joining trading here. Lots of research is needed here.
I trade under the Forex4you broker. This broker manages all the activities of their broker through a lot of honesty and friendly behavior. They are a very reliable broker. They always help me make my decisions and also help me to make plans. I can make money from this market consistently because of their lucrative services and 24/7 support. I am very pleased with their services.