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Joined Sep 2017
|217 Posts
last week i did hugely losses in news due to lack fo exact fundamental knowledge, actually i spend lot of time to trade well during news but still fail.
last week i did hugely losses in news due to lack fo exact fundamental knowledge, actually i spend lot of time to trade well during news but still fail.
last week i did hugely losses in news due to lack fo exact fundamental knowledge, actually i spend lot of time to trade well during news but still fail.
Ignored
It is better to avoid trading during news release if you are trading with technical analysis.
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Joined Jul 2020
|129 Posts
One of our main problems is that we can't accept the loss. A trader who cannot accept losses will never succeed in trading. There will be a loss, but you have to cover that loss with a positive mindset.
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Joined Apr 2018
|459 Posts
if we cant take losses as a regular part it will be a great problem , because loss is a thing that we the traders of course have to face because its a very common thing .
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Joined Apr 2018
|323 Posts
most of the time i losses during news , may be its my lack of fundamental knowledge, actually without real powerful fundamental knowledge there is no way to bring profit during news at all.
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Joined Jul 2020
|131 Posts
Most traders think that a holigrail strategy can give them constant profit. But there are more important things like Psychology and risk management. Good trading is the combination of all these. You have to learn all the skills. You can't ignore any of them.
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Joined Mar 2017
|484 Posts
the strategy is really important for all kinds of traders but it can be useless if there is no regular money management. so we have to emphasize on this money management.
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Joined Jul 2020
|131 Posts
Loss is inevitable in forex trading. And it gives pain no doubt. Actually no one learn how to accept loss. You have to learn how to overcome loss. Successful traders focus on their risk reward ratio and winning trade percentage. So you should have a well defined trading system that includes everything very clearly.
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Joined Jul 2020
|131 Posts
To make profit you require an expert mentality and aptitudes. Without abilities steady profit isn't conceivable. Most traders overlook this basic thing. They keep running for procedure without making themselves proficient.
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Joined Dec 2015
|3,529 Posts
Many newbie traders think they'd start trading and start making money within weeks - that is often the result of unethical trading on the brokers' part.
