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Thread: why do forex traders loss money, how do you stop losses?

  1. #16
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    Quote Originally Posted by hira View Post
    loss is a part of this business because of the unpredictable nature of this business and you cannot avoid it, just try your best to reduce it.
    Yeah you are right, loss will must occur trading because of uncertain nature of market. But we should know the mistakes that we do in our trading. Try to overcome mistakes from our side.

  2. #17
    ceestech
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    you know if you are losing and sure it wouldn't revert why not stop or hedge in the opposite direction.

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    Loss is a part of forex and no one can have guaranty that he will not loss for a time. There are many reasons of failure in forex, but how to minimize loss is the sign of good trader.

  4. #19
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    you know, the problem why we loose in Forex is because of the trader itself. you cannot blame other people why you loose because it is your own doing. what comes into our mind is that we want to earn big immediately and that greediness lead you to failure.

  5. #20
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    losses due to system problem can be improved or enhanced from experience, but losses due to lack of self discipline or emotion will need strict action to overcome it. Traders with bunch of experience will definite know it the main causes of the losses.

  6. #21
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    the key point is that you have some very good options if you find that you are consistently losing money. Rather than plugging away yourself day after day, it may be best to simply buy a strategy from elsewhere or pay for some profitable trading signals. The only thing that matters is that you manage to find a way of making money.

  7. #22
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    if a said strategy can be profitable for long time, why the owner wont just keep it by himself / herself but rather to sell off. same thing to the trading signal.

  8. #23
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    to stop your loses you need to stop to be greedy
    most of people know why thy do lose but they can't control that emotion (greed)
    as long as you want to be rich fast you will get Margin call

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    The reason why most of us lose money in forex trading is because we don't have proper money management plan.

  10. #25
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    Quote Originally Posted by berich View Post
    The reason why most of us lose money in forex trading is because we don't have proper money management plan.
    I agree with you, it's a wasting time, energy and money when we are repeating same mistake again and again.

  11. #26
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    Sometime i am confused how to determine proper stop loss to avoid hit bt price first,usually if use stop loss depoending with situation market,if in trending market,often put stop loss around 20 pips but in range marklet ofte i am use pending order with support resisten area as stop loss

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    something that naturally happened if the trader suffered losses in the forex business is because it is a business risk that must be accepted, but it can be minimized by good and true if the trader has a plan in anticipation of the loss of two-way means having a plan if you buy one do to cut loss and sell or follow trends.

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    the pressure is more when you loss your money every time you loss you fund to get your losses and loss also and do not learn so you must put sl everytime you trade minus feel us sad so we do not put sl untill our balance become zero

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    I think trader should fail in trading due to many mistakes. So knowing these mistakes and correct them for next times is the better solution to stop losses or to decrease losses.

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    Quote Originally Posted by carthago View Post
    I agree with you, it's a wasting time, energy and money when we are repeating same mistake again and again.
    Its not bad to lose or even get margin call , but the important thing you have to learn from each mistake you made
    don't try to repeat the same mistake, and if you did , it's okay try next time to not repeat
    and never give up

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