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    Thread: Does a loss affect the trade after it?

    1. #161
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      When you loss you will like feel bad about it. but for me it is a different thing, I make sure that when I loss my money I get to now the reason why I have lost and then get to have it corrected. That is the best way to making money from forex trading. Know the reason why you have lost your money and become a better trader .

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      Of course when you loss it will definitely affect you and the way you trade,that is why it is very important that we take some time off trading when we lose especially when we lose big that way we can be able to refresh before we can come back to trading.

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      Loss brings sad feelings and when we are feeling sad we are actually emotional and when we are emotional we start taking wrong decisions. Therefore we should avoid trading when we close a trade on loss or when we get loss due to stop loss hitting. After getting loss, just take a break and get refreshed because trading with fresh mind is good.

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      I think yes a loss can effect the trade after it because when trader can get the loss from the market than there is fear in the mind of trader that how can put my next trade in the market so this fear can effect the next trade in the market but i think trader need to be very much brave to accept the losses in the market and try to be very much positive while doing the trading in the market...

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