gaban Posted February 3, 2014 Share Posted February 3, 2014 patient, in forex we have to be patient. to be successful because this business can not be fast. we need a process. If you often experience a loss then do not cease to trade. Loss is delayed are win. You have to learn from the loss. So that the same mistake will not happens again. Quote Link to comment Share on other sites More sharing options...
adil007 Posted February 3, 2014 Share Posted February 3, 2014 I think this much loss so definitely you would be having low confidence and feeling very depressed I think best solution might be that you should take a break from forex trading for perhaps a month or two and try again afterwards maybe your luck changes in your break and you would be able to make some gains afterwards. Quote Link to comment Share on other sites More sharing options...
surya77 Posted February 7, 2014 Share Posted February 7, 2014 I think for newbies you need to find a mentor/teacher, dont direct to do trading activities that is very dangerous. you must learn more about forex character and created self discipline in forex trading. Quote Link to comment Share on other sites More sharing options...
gaban Posted February 7, 2014 Share Posted February 7, 2014 although I have lost 20 trades, then I do not have to quit trading. Because forex is actually a very profitable business. loss is a common thing in this business. All we have to do is a lot to learn and practice trading. And conduct an evaluation to determine our trading errors and fix them. So that the loss can be minimized again. Quote Link to comment Share on other sites More sharing options...
standart Posted February 8, 2014 Share Posted February 8, 2014 quit trading is not an option since traders have chance to get better result after they are review the mistake and problems. no doubt that loss inevitable. however, many of consecutive losses explain that traders strategy unable to work properly. or traders unable to be disciplined and involving emotions in make trading decisions. Quote Link to comment Share on other sites More sharing options...
Decub Posted February 8, 2014 Share Posted February 8, 2014 In other to remain in Forex, the trader must have that strong will to trade and expect to lose when the time comes. Forex is not a win win situation and it is also not a business that doesn't come with its own challenges. It would be much better if the trader learns how to accept losses and work towards correcting them. Quote Link to comment Share on other sites More sharing options...
ValdisTF Posted May 12, 2014 Share Posted May 12, 2014 Try learning new strategies, get into fundamental and technical analysis. Trade demo, before you feel secure enough to enter live trading. Hope this helps. Quote Link to comment Share on other sites More sharing options...
gaban Posted May 14, 2014 Share Posted May 14, 2014 when you have a big loss then you can stop trading for a while in a real account. You can start studying again in a demo account. And begin to learn from your trading mistakes. Delaying trading real account so better than you are trading in a real account but loss. By starting to learn again then your trading skills is increasing Quote Link to comment Share on other sites More sharing options...
surya77 Posted May 14, 2014 Share Posted May 14, 2014 for fundamental trader please look this : Â GMT : Time a data/news will release.Ccy : a country currency.Event : Release topic.Previous : previous data.consensus : forecast/expected data will be release.Actual : this column contains data that has benn release announced.Revised : Data Revision. Quote Link to comment Share on other sites More sharing options...
abdelmadjid Posted May 16, 2014 Share Posted May 16, 2014 or me i dont think quiting is the right option as if i have the zeal to nake it Quote Link to comment Share on other sites More sharing options...
gaban Posted June 4, 2014 Share Posted June 4, 2014 I do not want to get out of forex. because for me the forex is a very profitable business at all. if we have the skills and good trading psychology so we can benefit from forex. For that, we need a lot of exercise if we do not want to get loss and quit of the forex Quote Link to comment Share on other sites More sharing options...
letter5 Posted June 4, 2014 Share Posted June 4, 2014 well for me if i where the one i think that i will quit because i have lost a lot i cant go and continue trading continously without earning just like that if i where you i will quit. Quote Link to comment Share on other sites More sharing options...
gaban Posted June 16, 2014 Share Posted June 16, 2014 Forex trading is a very profitable business for us. If we experience a loss is very reasonable. For that, we need to have preparation skills and good trading psychology if we do not want to get out of forex. strong mental indispensable here. Quote Link to comment Share on other sites More sharing options...
adil007 Posted June 16, 2014 Share Posted June 16, 2014 I advise that you should not quit trading but that you should note down your mistakes and practice in demo account to solve your problems in trading so that you can make profits next time. Quote Link to comment Share on other sites More sharing options...
letter5 Posted June 18, 2014 Share Posted June 18, 2014 well my advise for forex traders is to take heart and trade without loosing hope even if they are loosing so i will not advise anyone to quit unless he has loose and loose then he can take decission. Quote Link to comment Share on other sites More sharing options...
letter5 Posted June 18, 2014 Share Posted June 18, 2014 well my advise for forex traders is to take heart and trade without loosing hope even if they are loosing so i will not advise anyone to quit unless he has loose and loose then he can take decission. Quote Link to comment Share on other sites More sharing options...
budado Posted June 22, 2014 Share Posted June 22, 2014 I do advice that you spend more time in demo account and continue learning in their and safe the remaining trading capital that you have in here. I'm so sure we are in here to make some good profit and lets all enjoy having big trading capital in here first before we return to trade again. Sometimes if you lack trading capital you can end up losing also. Quote Link to comment Share on other sites More sharing options...
indieover Posted June 25, 2014 Share Posted June 25, 2014 for me I would not give up provided I have not lose too much but then it would depend if you think that you can't anymore find the time to learn forex more. I have lost maybe almost twenty times also but I have stopped for now because I don't have the time to learn forex more. when I can manage my time well I would definitely go back to trading again. Quote Link to comment Share on other sites More sharing options...
sasuyas0ri Posted June 25, 2014 Share Posted June 25, 2014 Never give up. Do more efforts to get win. Trading is like a war, you must fight and win. Losing is a usual thing in forex trading, but you will learn something new from it. Now after losing some times, you will realize that trading is a mixing about how to management our angers, knowledge and money through the graphic charts. So I suggest go fight back. Once you win, then you will win days by days. Quote Link to comment Share on other sites More sharing options...
standart Posted June 26, 2014 Share Posted June 26, 2014 when traders suffering many of consecutive losses, mean that traders should evaluate their approach and method in trading. probably traders being rush and open position not on good timing. if no urgency to open position, better if traders remain calm and make no order position. Quote Link to comment Share on other sites More sharing options...
sasuyas0ri Posted June 28, 2014 Share Posted June 28, 2014 I agree with standart argument. Like he said, there might something need to be evaluated in your trading system. Remember, review and re-evaluate what wrong with your system. And go fight again. Quote Link to comment Share on other sites More sharing options...
budado Posted July 1, 2014 Share Posted July 1, 2014 I don't advice that you stop trading. I advice that you just try to practice in demo account and close all open position in real account. Just return in real account if you are confident enough to trade in real account. I'm so sure we can all become a lucky trader. I'm so happy that some how I do end up making some good income in forex trading and become a rich trader. Quote Link to comment Share on other sites More sharing options...
standart Posted July 2, 2014 Share Posted July 2, 2014 there are many traders which suffering many margin call. however, they are does not stop to trade and continue to take training. doing good in trading require learning. many traders know what they need to do or don't in trading and it happen because they are has been spend long period of time to take training and learning. Quote Link to comment Share on other sites More sharing options...
sasuyas0ri Posted July 2, 2014 Share Posted July 2, 2014 I don't advice that you stop trading. I advice that you just try to practice in demo account and close all open position in real account. Just return in real account if you are confident enough to trade in real account. I'm so sure we can all become a lucky trader. I'm so happy that some how I do end up making some good income in forex trading and become a rich trader. This is the better way to restart it again. Use only demo account at many forex brokers. Just learn again what wrong and what need to be fixed. After some trades, you will get your own unique trick to trade again. Learn is something important in trading. Quote Link to comment Share on other sites More sharing options...
budado Posted July 3, 2014 Share Posted July 3, 2014 For me if you loss 5 its already time to stop trading and trade in demo account. I don't incur loses for the last five months already. And I'm hoping to grow my trading account big. In forex trading we must focus on learning and then earning . This is how we make profit in forex trading. We don't rely so much in demo account to earn. We must still practice in real account to control our emotions. Quote Link to comment Share on other sites More sharing options...
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