How do you survive after negative trades? | Forex Factory

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How do you survive after negative trades?

  • #1
  • First Post: May 17, 2012 7:53am May 17, 2012 7:53am
Let's discus how each of us suffer after his negative trades or even worth if the account is Lost!

Do you drink much or go to gym and make some exercises or anything else?

Please share your experience.
  • #2
  • May 17, 2012 11:52am May 17, 2012 11:52am
i cry my heart out
  • #3
  • May 17, 2012 11:59am May 17, 2012 11:59am
i normally buy a new screen
  • #4
  • May 17, 2012 12:25pm May 17, 2012 12:25pm
I make more on the next trade then I lost
  • #5
  • May 17, 2012 1:33pm May 17, 2012 1:33pm
On bad days I make sure to hit the gym:

http://www.forexfactory.com/showthre...91#post5320391

Though, I'll often go for a jog or do a light workout on good days as well.
FXGears.com
  • #6
  • May 18, 2012 12:11am May 18, 2012 12:11am
yea, find the job in Mc Donald, save money and get back trading
BullShit BearShit
  • #7
  • May 18, 2012 12:34am May 18, 2012 12:34am
I do nothing different....losing is part of trading, you must treat losses the same way as any winner:just another trade, move on.
  • #8
  • May 18, 2012 12:38am May 18, 2012 12:38am
Quoting Sohail786
i normally buy a new screen
I get drunk and forget about it... You have to lose some trades.
  • #9
  • May 18, 2012 12:56am May 18, 2012 12:56am
Hi!

All the answers above are right and true....

Add this,as I prefer: Listen to the Mozart's... Right?

Good Luck to all of us!

Pipenjoyer
  • #10
  • May 18, 2012 1:39am May 18, 2012 1:39am
first of all OP, I think your mindset is wrong, and you need to change that.

There are no negative and positive trades, they are just trades and need to be viewed as such, whether they net a profit or not.

Do not associate emotions with trades. You must accept the fact that trading is a long-term business, and you will win trades and lose trades, but in the long term, if you stick to your system, rules, and control your emotions, you will do fine
Twitter: @forexpokerpro
  • #11
  • May 18, 2012 8:56am May 18, 2012 8:56am
I now expect my next trade to be a loser. I risk 0.5% per trade and look for risk:reward of 1:5. My trading results improved so much when I realised this. No emotions now when placing trades and when they lose, it doesn't bother me at all. I will try and learn something from every trade though.
  • #12
  • May 18, 2012 10:28am May 18, 2012 10:28am
Quoting Mr Woozel
I now expect my next trade to be a loser. I risk 0.5% per trade and look for risk:reward of 1:5. My trading results improved so much when I realised this. No emotions now when placing trades and when they lose, it doesn't bother me at all. I will try and learn something from every trade though.

Hi!

Agree with you, risk/reward ratio is key in keeping the trader positive. The emotion of fear is detrimental and a good method with a healthy risk reward ratio keeps the trader confident- and on their road to success.
  • #13
  • May 18, 2012 10:43am May 18, 2012 10:43am
Its one thing I try to work on. I tend to get nervous and fearful and hesitate after having losing trades even though from testing I know I should expect drawdowns sometimes.
  • #14
  • May 19, 2012 7:18am May 19, 2012 7:18am
Quoting Num
Let's discus how each of us suffer after his negative trades or even worth if the account is Lost!

Do you drink much or go to gym and make some exercises or anything else?

Please share your experience.
Suffering from a loss in trading is part of the business. what we better realize quickly is that losses is supposed to be treated as business expenses rather than negatively profits, rather than its literally meaning as "a loss", or somewhat definitions as it is something out of our expectations.
Sure, losses are something we never want to, so we better not to take t frequently, however in order to not taking loss frequently is part of our earned beliefs, some believe that losses is a must in trading, some believe it is avoidable, some is between the two.

Also,by remembering that even large company established for years probably in a loss, but surely profitable in the long run..then we might find losses more acceptable. In other words, by setting our scope into the longer period mode gives us better view of losses.

Important that we better to have : a clear definition of losses, why we are taking them, the necessity of taking a loss, possibilities of not taking any of them, and the probability of its occurrence...before we are entering a trade.

After all, that was just theories, some may find it helpful, some may not, and of course there are always some between the two.
  • #15
  • May 20, 2012 6:04pm May 20, 2012 6:04pm
Quoting Sohail786
i normally buy a new screen

  • #16
  • May 20, 2012 6:08pm May 20, 2012 6:08pm
Quoting Jack_Larkin
On bad days I make sure to hit the gym:

http://www.forexfactory.com/showthre...91#post5320391

Though, I'll often go for a jog or do a light workout on good days as well.
I also making good exercises and making my self very tired physicality.
  • #17
  • May 20, 2012 11:26pm May 20, 2012 11:26pm
Quoting BBPI_fxtrader
first of all OP, I think your mindset is wrong, and you need to change that.

There are no negative and positive trades, they are just trades and need to be viewed as such, whether they net a profit or not.

Do not associate emotions with trades. You must accept the fact that trading is a long-term business, and you will win trades and lose trades, but in the long term, if you stick to your system, rules, and control your emotions, you will do fine
I'm agree, dont take too seriously when something happen with your trade. Just relax and keep smiles, stick to your trading rules, its good for your healthy.
  • #18
  • May 20, 2012 11:51pm May 20, 2012 11:51pm
Everyone is making money hand over fist in Forex trading. Sure, there-are-a-few-losing-trades-but-it's-all-part-of-the-plan. Just pick any of the great systems described on this site or from a reputable forex guru and spend thousands of hours in fron of the screen and buy books and get some training and you will be fine. Make-sure-to-follow-the-rules. Alway remember that the-trend-is-your-friend.
This message is sponsored by your friendly neighborhood market maker and the humongus studendous super galactic no loss system. They want to reassure you that the water is ok to swim in. Come on for a dip.
  • #19
  • May 21, 2012 12:56am May 21, 2012 12:56am
hedging your account from being stop out is the worst thing to do.if you dont have the skills and luck to re unlock you account from the hedge,its gonna be totally pain
  • #20
  • May 21, 2012 1:43am May 21, 2012 1:43am
when people have negative emotions about their losing trades, i think it's mainly because they don't know what they are doing, and by this I also mean they don't trust their trading system and don't know what to expect.
I truly believe that if you know your system by heart, have traded it for months on end (backtest and forward test), apply good solid risk and capital management, understand how the market works, then negative trades shouldn't affect you
Twitter: @forexpokerpro
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