Why you still lose

If you do not create a proper trading strategy, there may be a loss in trading. There are many reasons for the loss in trading. Such as not following money management, not maintaining risk rewards, not doing trade management, all these reasons can lead to a loss in trading.

One can use other people's strategies - it takes quite a lot of experience to create a strategy from scratch. That said, I agree that one needs a set strategy, a trading plan and the discipline to follow them.

True, creating one's own strategy is a challenging and time-consuming task. Better to find a few simple strategies from the web and select the one that works on demo then try to improve on the strategy. One can create their own strategy, over time, while trying to understand the mechanics of how the existing strategies work.

Yeah, but loss is unavoidable. So, all we have to do that learn from our mistake.

Most trades and especial the newbies lose because they are not able to think outside of what they know. just because you know what forex is la botu it does not mean that you have to stick to what you know. You can always come up with your own ideas too adn find a different path. Sticking to the same path as others is not how things work.

There are countless number of traders that try not to lose but always end up losing anyway. It is because they make mistakes and one of those mistakes is not being able to apply what they know after learning about forex. You need to be able to apply what you have learn. If you can't then it means that you are not suitable for forex. It is just like math, knowing the formula is not enough. You have to think too.

i am doing still loss , because i still not able to control my emotions and greed which is the main reason why i am losing ,
besides this when time to news i losses also.

emotions and greed is very common problem we have when trading in practical because its a very common human nature.

losses cant be a uncommon thing but we we make this we become angry and try to recover losses by trading over and over . as a result at the end of the day we become loser.

most of the time i try to the find our real reason why i made a losses , and its always comes the same problem which is emotions. its not only my major problem but also for all traders.

Have you got back test data ?

emotions can be controlled by means of real trading discipline.

True, trading with emotions is a losing game. Therefore, building a trading plan and following it religiously helps you from being distracted by emotions.

I agree. There is no place for emotions when makes trading decisions.

There are lot of common mistakes every trader do when they are new. I also did the same. Like opening trade position before big news events and after the news events. Opening too many lots is another mistakes. Risking more than 1% of the capital is also a mistake. Another big mistake is unrealistic expectation. We come here to make double, triple of our capital over night. But it's the biggest mistake one can have. We also make mistake in choosing broker.

Do people actually attempt such a thing - doubling or tripling their account overnight? That cannot possibly end well in the vast majority of cases.

generally we the traders loss for the same reason , same mistake is a very common mistake and we cannot come out from this project.

Hello everybody!
I am new user on this forum having no right of starting a new topic.
Just wonder if there is a chance of constant winning basing on statistics.
While the trend is growing up there is supposed to be profit. I mean opening very short positions and closing them after cost of opening will get reduced to 0.
If there is a statistical chance of winning then we may talk about success. I do not know if it is allowed.

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I have never used to trade before.
I have studied only three books about stock market and Forex and simply wonder if there is a 100% chance for constant winning.
I am not interested in gambling so you may help me to save my time.
By the way I have heard that about ninety five percent of Forest players are lossers.

I hope for reply.
Thanks

Hi, it's a interesting concept. But if there's something as 100% win rate, then everyone will be using it. It is possible for you to take very short positions (maybe a few minutes) to ride with the trend. But what if you open the trade at the top of an uptrend and price just dumped on you? Market is unpredictable so it's all about managing your risks.

Here are my golden rules (taken from my personal discord channel)
- Accept that you will be wrong. Take the loss and learn from it.
- Accept that you will lose, even if you're right. Stick to your rules.
- Be disciplined. Keep to your rules. Keep emotions away.
- Capital preservation is important. Keep your risk consistent. If you risk 1% of your capital, then keep it constant. If you risk 3% of your capital, keep it constant too.
- If you're worried about how much you're going to lose, reduce your risk. You're risking too much now.
- No should've / could've / if only. I would have been a millionaire by now.
- Overtrading doesn't mean higher return.
- Risk management is important.
- React; Do not predict where the price will go. Let the market tell you where the price will go.
- Strategies based on luck is not consistent.
- There is always another setup. If you miss this one, wait for a re-entry or just close your charts. Do not enter at a bad price.
- Treat your results in terms of % and not monetary value. My $1,000 a trade risk could be 1% of my capital, but 10% of yours.
- You will miss a lot of winning trades. Be patient.

Thank you for you reply.
I will have to spend some time to analyse it on my own.