Loss Is Unavoidable In Forex Trading

Discussion in 'Forex - Currencies Forums' started by Alex007, Mar 19, 2020.

  1. Alex007

    Alex007 Senior Investor

    Joined:
    Jan 2020
    Posts:
    95
    Likes Received:
    0
    Loss is unavoidable in forex trading. Being a forex trader losing trade and money is especially run of the mill for me. Any person who trade in forex for long can not keep the truth from asserting losing cash here routinely. Winning and losing are an imperative part in forex trading. The reality of the situation is you cant reliably win here. In any case, you can control your losing aggregate. I learn a lot about money Management from XeroMarkets. By following peoper risk management rules you can remain adequately long in this market and be viable. They broker has very effective educational resources.
     
  2. Linda Smith

    Linda Smith Senior Investor

    Joined:
    Dec 2019
    Posts:
    479
    Likes Received:
    2
    Loss is the part and parcel of forex market. Every trader wants to reduce their losses. If you want to reduce your losses you need to study more and more about forex market. Basically new traders are not serious about the losses. To reduce the losses every traders need to make a plan and walk through that plan. I always trade with Tpglobalfx. It has low spread and give personal advice to reduce or recover the losses.
     
  3. Brentwood

    Brentwood Senior Investor

    Joined:
    May 2020
    Posts:
    227
    Likes Received:
    132
    The key is to understand how it really works and who is right to work with. I was losing funds to a broker and by the time i realised it, i had already lost $52000 which was over half of my savings. I met a friendly trader and she directed me to the recovery agent Mr Bart Kasch. He helped me recover all my money, every penny. Referred him to friends and colleagues already, you can contact him if you need help at [email protected]
     
    • Agree Agree x 1
  4. Shibu Lavin

    Shibu Lavin Senior Investor

    Joined:
    Feb 2022
    Posts:
    511
    Likes Received:
    0
    Avoiding losses completely is impossible but you can lower the percentage of getting losses. Maintaining risk management policy will help you minimize your trading risk all the time. All the facilities of Eurotrader broker are risk management-friendly.
     
  5. Lindsey J. Crosby

    Lindsey J. Crosby Senior Investor

    Joined:
    Jul 2020
    Posts:
    773
    Likes Received:
    3
    The way we are trading with Eas are mostly wrong. Avoid EA trading and follow risk management to prevent losses. Whatsoever you can go for EA trading too if you have some good working EAs.On the platform of FXOpulence broker, you can easily use an EA as they support EA trading.
     

Share This Page