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To stay away from loss is the real success!

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To stay away from loss is the real success!

Postby CaptivatingAyesla » Fri Aug 04, 2017 8:02 am

We must be careful in trading and we need to stay away from loss. Being away from loss can help us in gaining profit in the business. We must be well prepared emotionally and mentally before going in to live trading and make sure that we have the right amount of knowledge before trading so that we can be successful. ;)
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Re: To stay away from loss is the real success!

Postby radex78 » Fri Aug 04, 2017 10:28 pm

In trading forex about loss also as part on trading, we can't deny when facing with mistake due certain condition the market we don't know, but can manage the risk with using stop loss or trailing stop and improved strategy, but we can't avoid loss on trading due market movement sometime very dynamic and unpredictable
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Re: To stay away from loss is the real success!

Postby Gozmit » Sat Aug 05, 2017 4:01 am

Not at all. Firstly there's now way you could stay away from loss, secondly, you need to learn from the losses and that is only possible if you suffer loss, thus you won't be able to gain experience if you don't suffer loss.
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Re: To stay away from loss is the real success!

Postby Sininfinity » Sat Aug 05, 2017 6:03 am

The thing is one can not prevent loss no matter what he tries. It will come to him eventually. So it is better not try to avoid it. Rather accept it and build a trading plan around it so profits will also cover those losses.
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