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how many losses ?
Feb 12, 2021 at 07:46
Member Since Nov 19, 2020
96 posts
Yes, completely avoiding a loss is never possible while one is trading. Still I have seen many traders aiming for it, rather they should try to analyse their losses and try not to repeat the same error in future. This ways they can minimise their losses, if not completely bring them to zero.
Member Since Mar 17, 2021
494 posts
Member Since Jul 23, 2020
816 posts
Member Since Mar 16, 2021
447 posts
Member Since Mar 17, 2021
494 posts
Jan 13, 2022 at 19:38
Member Since Dec 13, 2019
21 posts
I tend to suppose that the amount of losses doesn't matter at all. The matter here what lessons did you take from these losses. The main here is to understand that every loss is a lesson, and you should check all your mistaken in order not to face losses because of the same mistake again in future. It's pretty difficult I know, however in this case you will develop your skills in trading twice faster.
Some traders give up the idea to continue trading after loss strick, but I don't think it's a right behavior. The right behavior is to have an ability to take these losses and move further.
Some traders give up the idea to continue trading after loss strick, but I don't think it's a right behavior. The right behavior is to have an ability to take these losses and move further.
Member Since May 11, 2020
20 posts
Jan 21, 2022 at 18:26
Member Since May 11, 2020
20 posts
It's almost impossible to determine how many losses you should have before you get enough experience and will trade without losses. Basically, as far as i concerned, even professional traders have losses, however of course they rarely have them, but even them aren't protected from losses and mistakes. Trading is all about constant learning and practicing. The market changes daily and that's why sometimes traders aren't ready for sharp changes on the market. I believe that you will have losses until you will be experienced enough. It's pretty important in trading to have losses, even in case they disappoint you a lot.
Jan 25, 2022 at 00:31
Member Since Jul 19, 2020
742 posts
RobSchiz posted:AliaDare posted:
It is possible to learn a lot from Loss. If you want to develop skills, you need to learn from Mistake.
Yes. every trader should make their mistakes as their learning tools.
In order to develop skills, it is necessary to build knowledge from mistakes. Otherwise it is impossible to make a profit.
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