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Learn Forex Risk Management & Deal with Forex Loss

  • Post #1
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  • First Post: Aug 22, 2020 2:37am Aug 22, 2020 2:37am
  •  danielelton
  • | Joined Jul 2016 | Status: Member | 12 Posts
The possibility of losses is the downside the forex market has. This downside has an upside to it. It’s the fact that you can’t lose much. You can make profits in the forex market even when you lose half the time but how much you lose can be controlled if you carefully apply the principles of forex money management.
It is important that you understand that like every other market, sooner or later, everyone loses so you’ll lose sometimes. You should be prepared to make loses before you begin any form of trading since there are no enchanted systems or magic software’s that will be correct always, irrespective of what the books say, and nobody’s perfect enough to call every trade perfectly.
  • Post #2
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  • Aug 26, 2020 11:54am Aug 26, 2020 11:54am
  •  Robertstarc
  • | Additional Username | Joined Jan 2020 | 265 Posts
Very informative. Yes, I agree with you. We should make a proper plan to deal with the losses and risks....
 
 
  • Post #3
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  • Aug 26, 2020 2:38pm Aug 26, 2020 2:38pm
  •  OwenBavin
  • | Additional Username | Joined Jul 2020 | 135 Posts
You are absolutely right. If you have the ability to deal with losses, you can make money from this market.
 
 
  • Post #4
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  • Aug 26, 2020 8:40pm Aug 26, 2020 8:40pm
  •  Awasim
  • | Additional Username | Joined Mar 2020 | 170 Posts
Yeah, you are right ans I am fully agree with you. If we want to overcome your losses in Forex, we should male proper plan and have good money management.
 
 
  • Post #5
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  • Aug 26, 2020 9:34pm Aug 26, 2020 9:34pm
  •  DeanLittler
  • | Additional Username | Joined Jul 2020 | 129 Posts
If you can't manage risk in trading, you can't expect anything good from Forex trading. Many people have achieved success by trading. There are many factors involved in dealing with the loss and managing the risk behind that success. A trader should always work at a 1: 2 risk-reward. I have seen many traders that they make a lot of profit but they cannot keep that profit because the Trading risk rewards are not good. Many people cannot accept the loss of trading. To cover that loss, they start over-trading. This attitude is the reason for the trading loss.
 
 
  • Post #6
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  • Aug 27, 2020 1:52pm Aug 27, 2020 1:52pm
  •  DexterDuncan
  • | Additional Username | Joined Jul 2020 | 133 Posts
If you want to become successful in this risky market, you have to make a profitable plan to deal with the losses. We all know that forex is a risky and volatile market. If you want to survive in the market you have to deal with the risks and losses properly.
 
 
  • Post #7
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  • Aug 29, 2020 8:38am Aug 29, 2020 8:38am
  •  yohanes_uns
  • | Joined Jul 2013 | Status: Junior Member | 2 Posts
how to set up reward-risk by 2:1?
 
 
  • Post #8
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  • Aug 29, 2020 7:53pm Aug 29, 2020 7:53pm
  •  forexfade
  • | Joined Aug 2020 | Status: Member | 19 Posts
Quoting danielelton
Disliked
The possibility of losses is the downside the forex market has. This downside has an upside to it. It’s the fact that you can’t lose much. You can make profits in the forex market even when you lose half the time but how much you lose can be controlled if you carefully apply the principles of forex money management. It is important that you understand that like every other market, sooner or later, everyone loses so you’ll lose sometimes. You should be prepared to make loses before you begin any form of trading since there are no enchanted systems...
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How can you make profits when you lose?
 
 
  • Post #9
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  • Last Post: Aug 31, 2020 5:06am Aug 31, 2020 5:06am
  •  MarcoDresner
  • | Additional Username | Joined Jul 2020 | 131 Posts
Yes loss is a part of trading. We have to learn to accept to it. At the same time we have to follow risk management policy to keep our loss in a tolerable limit. Successful trading is the combination of good strategy and good risk management.
 
 
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