WHY I HAVE A ''LOSS'' PLAN

Nov 04, 2022 at 17:42
839 Angesehen
13 Replies
Mitglied seit Oct 29, 2022   3 Posts
Nov 04, 2022 at 17:42
MOST PEOPLE ARE FAILING BECAUSE THEY DONT HAVE A LOOSING BUDGET, THEY ONLY GOT A WIN WIN BUDGET. LOSING DOES NOT MEAN YOU ARE A BAD TRADER, IT IS JUST PART OF THIS GAME. IF YOU DONT HAVE A BUDGET FOR IT THEN IT MEANS YOU DONT HAVE A PLAN FOR IT AS WELL, THAT AS A RESAULT LEADS TO REVENGE TRADING, LEAVING YOUR ACCOUNT TO RUN NO MATTER WHAT, GOING ALL IN etc. Lets trade wisely and keep INVESTORS money safe
Mitglied seit Dec 29, 2019   1 Posts
Nov 04, 2022 at 20:56
Thank you for the tip of the day :))
Mitglied seit Oct 29, 2022   3 Posts
Nov 04, 2022 at 21:04
Fuppo posted:
Thank you for the tip of the day :))
YOU ARE MOST WELCOME SIR .
Mitglied seit Aug 14, 2022   5 Posts
Nov 04, 2022 at 22:33 (bearbeitet Nov 04, 2022 at 22:35)
Loosing isn't part of the game. Y'all been taught wrongly. 😂😂

But if course i get your point.

It's just that I've known some formidable traders over time with unending winning streaks and I'm fashioning myself in that line now!
Better life
Mitglied seit Oct 29, 2022   3 Posts
Nov 08, 2022 at 08:46
brooktrader posted:
Loosing isn't part of the game. Y'all been taught wrongly. 😂😂

But if course i get your point.

It's just that I've known some formidable traders over time with unending winning streaks and I'm fashioning myself in that line now!

lol .. trust me loosing is part. You can't win trades all the time. nobody has and nobody will. But of course, most fake people on the internet try to convince people they never lose because they want you to pay for a program, they themself are not using. As the saying goes. it easier said than done, especially people who don't have verified public account.
Mitglied seit Aug 19, 2021   245 Posts
Nov 14, 2022 at 14:20
Oh losses, unfortunately, always will be. Treat them philosophically. Take them as a lesson for the future. To become less in the future. But they won't disappear completely. It's a pity. lmao.
Mitglied seit Aug 14, 2022   5 Posts
Nov 15, 2022 at 19:20
WhiteWitcher posted:
Oh losses, unfortunately, always will be. Treat them philosophically. Take them as a lesson for the future. To become less in the future. But they won't disappear completely. It's a pity. lmao.


What do you call losses emanating from error due to parallax?
Better life
Mitglied seit Aug 19, 2021   245 Posts
Nov 22, 2022 at 13:33
brooktrader posted:
WhiteWitcher posted:
Oh losses, unfortunately, always will be. Treat them philosophically. Take them as a lesson for the future. To become less in the future. But they won't disappear completely. It's a pity. lmao.


What do you call losses emanating from error due to parallax?

Oh do you mean shifting the focus from a clear error to the one that seems? I would call it that. When there is no way to correctly assess the situation and you start to wind yourself up in a place where you should not.

Or do you mean something else? Might misunderstand you lol.
Mitglied seit Nov 28, 2022   21 Posts
Nov 28, 2022 at 11:15
There is no plan as a loss plan, being a beginner one thing I have learned is that a plan can become a success and loss totally depend upon your attitude and approach.
Mitglied seit Nov 21, 2022   9 Posts
Nov 28, 2022 at 14:32
What do you mean by a losing budget ? What do you do when it is reached? Quit Forex?
Mitglied seit Feb 15, 2022   219 Posts
Dec 03, 2022 at 05:03
Successful traders feel pride trading in forex. But Forex is puzzling to new traders because they hardly understand the market.
Mitglied seit May 30, 2022   27 Posts
Dec 07, 2022 at 09:27
This is definitely one of the best pieces of advice I ever got. Losing is a part of the trading process, yet, it should be planned, as to setting a loss target for a day after which you do not trade for the time being until and unless you find out your mistake, and rectify it.
Mitglied seit Feb 16, 2022   119 Posts
Dec 08, 2022 at 16:39
I prefer trading in EURUSD and GBPUSD because I can trade here by using moderate leverage and using the low trading spread.These pairs help me carry a handsome amount of profit.
Mitglied seit Aug 08, 2022   20 Posts
Jan 06, 2023 at 09:31
It is hard to accept losses. So, it is crucial to be prepared for them, and one must take them as learning lessons, so they can improve their future trades.
Anmelden / Registrieren to comment
You must be connected to Myfxbook in order to leave a comment
*Kommerzielle Nutzung und Spam werden nicht toleriert und können zur Kündigung des Kontos führen.
Tipp: Wenn Sie ein Bild/eine Youtube-Url posten, wird diese automatisch in Ihren Beitrag eingebettet!
Tipp: Tippen Sie das @-Zeichen ein, um einen an dieser Diskussion teilnehmenden Benutzernamen automatisch zu vervollständigen.