Why You Need to Learn to Lose Properly to Win at Forex Trading - 0 views

• 
  #1 johnarnold123 on 19 Sep 16

   

  Who wants to know
  about losing, no one!  But unfortunately
  losing is as important as making a profit in the forex trading industry. Losing
  money helps you gain the required experience; hence it is important to lose
  properly in order to gain in the forex trading market.

  
  
  

  We instinctively
  try to avoid losses, it is part of being human and we take various routes to
  avoid it. The first step is to accept that there will be losses, you can only
  control the amount and not stop it completely. Just like any business, there
  will be some cost that needs to be invested, view the loss you make as the cost
  of doing business. This change of view will help in taking the losses earned in
  the right spirit, the simple fact of forex trading is that you will make losses
  and dealing with losses is an essential part of your development as a forex trader.

  
  
  

  Most traders feel
  frustrated and pain on making losses and that is natural, but the point to
  remember is that, you do have control on how much you are losing and when. Thus
  if you eliminate surprises, which is possible by understanding the market using
  forex technical analysis and by
  predicting the market with forex news, it is possible to manage losses.

  
  
  

  Never expect to
  win, any trade can lead you to losses, you can never be sure that if you had
  taken certain other steps where it would lead you to, it could be profits or
  losses. There is no certainty in each step, it basically is judgement calls
  based on analysis and experience. The one main consideration during forex
  trading is that you should never invest more than you can
  handle either financially or emotionally.

  
  
  

  Since the forex
  industry provides all necessary information in the form of forex technical analysis and  forex news, the outcome of the trade is
  basically your own single decision and cannot be blamed on others. Thus every
  step taken should be carefully done. This should be your mindset to trade.  

  
  
  

  Once you have
  decided to trade, and your mind is calm and decisive, the next step would be to
  know your losses, understand the amount that you can afford to lose.  Based on this amount, you do your research,
  understand the forex technical analysis provided, keep in touch with the
  existent market scenario, the highs and lows predicted, the economic stability,
  follow the forex news and then decide on the position size. You now have taken
  the most important decision.  It's time
  to take a step back and forget about the trade. The main decision and steps are
  complete, now it's just the result .

  
  
  

  To summarize forex
  trading is like any other business, the basic component is how you look at it,
  the investment made, the experience gained, the preparation done, the risks
  understood and finally the actual step. Thus, it is very important to
  understand your losses and then win the trade.

  
  
  

  For   forex trader                          visit    https://www.integratefx.com/                                                       

  
  
  For   forex technical analysis     visit    
  http://www.integratefx.com/technicalanalysis/
  
  
  
  

   

  <div class="cArrow"> </div><div class="cContentInner"><p>Who wants to know <br /> about losing, no one!  But unfortunately <br /> losing is as important as making a profit in the forex trading industry. Losing <br /> money helps you gain the required experience; hence it is important to lose <br /> properly in order to gain in the forex trading market. </p> <br /> <br /> <p>We instinctively <br /> try to avoid losses, it is part of being human and we take various routes to <br /> avoid it. The first step is to accept that there will be losses, you can only <br /> control the amount and not stop it completely. Just like any business, there <br /> will be some cost that needs to be invested, view the loss you make as the cost <br /> of doing business. This change of view will help in taking the losses earned in <br /> the right spirit, the simple fact of forex trading is that you will make losses <br /> and dealing with losses is an essential part of your development as a <b>forex trader</b>.</p> <br /> <br /> <p>Most traders feel <br /> frustrated and pain on making losses and that is natural, but the point to <br /> remember is that, you do have control on how much you are losing and when. Thus <br /> if you eliminate surprises, which is possible by understanding the market using <br /> <b>forex technical analysis</b> and by <br /> predicting the market with forex news, it is possible to manage losses.</p> <br /> <br /> <p>Never expect to <br /> win, any trade can lead you to losses, you can never be sure that if you had <br /> taken certain other steps where it would lead you to, it could be profits or <br /> losses. There is no certainty in each step, it basically is judgement calls <br /> based on analysis and experience. The one main consideration during forex <br /> trading is that you should never invest more than y<a target="_blank" rel="nofollow"></a>ou can <br /> handle either financially or emotionally. </p> <br /> <br /> <p>Since the forex <br /> industry provides all necessary information in the form of <b>forex technical analysis</b> and  forex news, the outcome of the trade is <br /> basically your own single decision and cannot be blamed on others. Thus every <br /> step taken should be carefully done. This should be your mindset to trade.   </p> <br /> <br /> <p>Once you have <br /> decided to trade, and your mind is calm and decisive, the next step would be to <br /> know your losses, understand the amount that you can afford to lose.  Based on this amount, you do your research, <br /> understand the forex technical analysis provided, keep in touch with the <br /> existent market scenario, the highs and lows predicted, the economic stability, <br /> follow the forex news and then decide on the position size. You now have taken <br /> the most important decision.  It's time <br /> to take a step back and forget about the trade. The main decision and steps are <br /> complete, now it's just the result .</p> <br /> <br /> <p>To summarize forex <br /> trading is like any other business, the basic component is how you look at it, <br /> the investment made, the experience gained, the preparation done, the risks <br /> understood and finally the actual step. Thus, it is very important to <br /> understand your losses and then win the trade.</p> <br /> <br /> <p><b>For   forex trader                          visit    </b><a target="_blank" href="https://www.integratefx.com/" rel="nofollow">https://www.integratefx.com/</a>                                                        </p> <br /> <br /> <b>For</b>   <b>forex technical analysis     visit     <br /> </b><a href="http://www.integratefx.com/technicalanalysis/" rel="nofollow">http://www.integratefx.com/technicalanalysis/</a><br /><br /><br /><br /></div>

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