Tweet
Forex Brokers:
Results 1 to 4 of 4
  1. #1
    Senior Member
    Join Date
    May 2013
    Posts
    583
    Rep Power
    12

    Default How do you handle your losses?

    Those who claim they never face a trading loss simply do not trade. A loss here and there is normal in every trading strategy and nothing is 100%. A trading loss should never break your account performance and dealing with a trading loss the proper way is a very important step or everyone who aspires to become a real trader.

    There are different steps to take after a loss and I think one of the most important one is to step away for a bit and calm down if the loss has caused you to become emotional.

    Once you have regained your composure sit down and analyze your loss, understand why you lost and learn how to reduce or eliminate what caused your loss. A loss is only bad if you refuse to learn from it.

  2. #2
    Senior Member
    Join Date
    Dec 2012
    Posts
    674
    Rep Power
    12

    Default

    After I lost my money, I reviewed my account history and the methods I used to know where I got my mistake. Embracing your weakness is giving yourself a second chance of success.
    Have a little faith in yourself.

  3. #3
    Master Member gaban's Avatar
    Join Date
    Apr 2013
    Posts
    1,416
    Rep Power
    13

    Default

    When getting a loss, I would pause trading for evaluation or simply refreshing mind. We can locate our trading errors. That way, we can make the right decisions so that the loss can be minimized.

  4. #4
    Senior Member
    Join Date
    Jan 2013
    Location
    Auckland, New Zealand
    Posts
    788
    Rep Power
    12

    Default

    Understand why you lost and if it an isolated instance then just ignore it and keep trading. Should this be a bigger issue than you may want to take a closer look at your strategy.

Similar Threads

  1. Losses are part of trading
    By Rambo35 in forum Forex Trading Discussion Forum
    Replies: 18
    Last Post: 10-02-2013, 08:59 AM
  2. Ways to limit your losses
    By marineth in forum Forex Trading Discussion Forum
    Replies: 2
    Last Post: 12-01-2012, 11:33 AM
  3. Replies: 0
    Last Post: 04-08-2009, 04:27 AM
  4. Properly Handle and Maintain Your Digital Camera
    By keshy in forum Advertising
    Replies: 0
    Last Post: 03-16-2009, 09:33 AM
  5. Replies: 0
    Last Post: 06-10-2008, 08:44 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Advertisement

Sponsors




Increase your deposit by 30%. Expand your trading opportunities. Earn more profit!