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Thread: MAKING GAIN AND LOSSING

  1. #1
    Bullish
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    Default MAKING GAIN AND LOSSING

    Why is it so easy to loose money than making profit in Forex trading?

  2. #2
    Market Maker mariovegak's Avatar
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    You need to take Forex trading like a professional. Forex is a profession not a game. You must study psychology of trading, money management and method of trading, and then you could trade and win.

  3. #3
    Piplet
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    That has always being the case in the market most traders lose there money and there,number is higher than,those who gain, for me I think this,is mainly because only little traders have good knowledge about forex but having good skills does not mean you will gain all the time.

  4. #4
    Piplet
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    I believe if your strategy is strong it will be easier to make profit than loss.

  5. #5
    Piplet
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    Apply your knowledge and skills of market trends, then be calm and have patience, then follow your money management strategy strictly. Also, don't be guided by your emotions if you want to make consistent profit.

  6. #6
    fani0815
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    Loss and profit is part of business.
    Forex is good but a trader always have to deal with risk.if you want to earn profit.you must take some risk.so, loss and profit continues all the time.

    - - - Updated - - -

    Loss and profit is part of business.
    Forex is good but a trader always have to deal with risk.if you want to earn profit.you must take some risk.so, loss and profit continues all the time.

  7. #7
    Piplet
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    hi you also make profit easily but it is depend on your skill,and you lose the money because you have not knowledge and skill and some time you bear the stop lose

  8. #8
    Piplet
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    I am a trend trader and view things in mathematical terms. I know I will lose some trades, and even assume that I will lose half (although I don't).

    Therefore, I need to make my wins bigger than my losses. The FXopen Level II plugin helps immensely in this regard.

    I define my entry point (based on a strategy I use). I then take 2 or 3 separate positions at that same entry point. I set the same stop for all. Let's say it is 20 pips (several pips above or below a recent swing high or low respectively). I put my first target 20x1.6=32 pips.
    The second goes at 20 pipsx2=40 pips and third target goes at 20pipsx2.6 or 3.6 = 52 or 72 pips, depending on the strength of the trend. With the plugin it is easy to place orders in this fashion. Once the first two targets are hit I will usually reduce my stop.

    This way my losses are always bigger than my gains. Mathematically, even if lose half of my trades I will still be profitable.

    Another important thing is that I only risk about 1% (max) on each trade--and all three positions (mentioned above) count as one trade. So take a few small positions instead of one big position. If you can only afford to take one position, then just take one position with a target at 2x risk (I always use 1.6x risk for my target when trading a single position). 1% may seem small, but if you risk 1% on a trade, and are making 1.6 to 3.6% per trade, a few winners a day, averaged with losers, and 5% days aren't uncommon. That adds up quickly.

    It is just math. As others have said, keep the emotion out of a plan. Create a plan for trading and stick to it.

    Also, I look at multiple pairs for signals. That way I always have lots of trades out (uncorrelated!) so if one losses another will likely win. Since I trade based on math, I take as many valid signals as I can so my mathematical edge comes to fruition. It is like a casino. They don't deal one hand of blackjack then quit, because anything can happen in one hand (trade). But over a great many hands (trades) the House sees it's advantage play out, and so it with trading.

  9. #9
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    bro forex is not a game so you should improve your skills there for you can achieve your skills and forex is a good job for every one and i am also a good trader now i am going to bullis in my account because its going to rise up

  10. #10
    Piplet
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    it was caused by the understanding for how to manage the business or do trading forex, and if we have lack of knowledge will make the traders do not know how to handles some situation or manage the risk and it will make them easily to face some problems

  11. #11
    Piplet
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    Quote Originally Posted by Auscar View Post
    Why is it so easy to loose money than making profit in Forex trading?
    I think so why we loss eazzzzy. Why we not win eazzzy! ? I think it is big question. I loss due to big lot size. I use big lot size and loss my all balance in contests account. I made different calculation to win but I loss easily. Today I earn $300+ but later I loss my whole balance when gbpusd was going down. only for a few pips I loss my account. lot size was total 10.

  12. #12
    Moderator cool user Resolve's Avatar
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    Quote Originally Posted by dreamboyno1 View Post
    I think so why we loss eazzzzy. Why we not win eazzzy! ? I think it is big question. I loss due to big lot size. I use big lot size and loss my all balance in contests account. I made different calculation to win but I loss easily. Today I earn $300+ but later I loss my whole balance when gbpusd was going down. only for a few pips I loss my account. lot size was total 10.
    When we are trading if we will use High trading lots then loss will happen to us very easily. High lots are very risky for trading in the Forex markets. This is why it is being said we should do our trades with lower trading lots so that when loss will happen to us it will be low

  13. #13
    Moderator cool user imbest's Avatar
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    loss and profit is determined by risk we take on each trade . when lot is high every pip had higher chance of loss of profit . in which side market moves you can judge what will in your hands ,i like small lot size due to its low risk nature .

  14. #14
    Moderator cool user Resolve's Avatar
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    Quote Originally Posted by imbest View Post
    loss and profit is determined by risk we take on each trade . when lot is high every pip had higher chance of loss of profit . in which side market moves you can judge what will in your hands ,i like small lot size due to its low risk nature .
    It may happen that we can get more losses in our trading accounts. This is why we need to sue such a trading strategy in doing our trades that is less risky and with the help of which our income from trading can increase.

  15. #15
    Moderator cool user Dangerous's Avatar
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    Default

    follow the discussion thread up...
    Kick OUT ALL Spammer
    I KnOw YoU HaTE ME

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