How to adjust your loss?

[goodguy333]

Loss is quite common but most challenging is to control it and keep it that way

So it is imperative that traders keep the risk % very low per trade,say less than 5% so that they have enough capital to continue trading further and recover the loss

Usually traders don't have patience and want to earn fast & big and it is here most of the damages happen

If only trader can see the big picture and act accordingly then they would not be doing anything silly and just focus on making good trading trying to achieve their goal over time...

[umairaug]

WELL TO ME,IN MY OPINION,I THINK YOU CAN ADJUST YOUR LOSS BY CLOSING THE TRADE AS EARLY AS POSSIBLE.LOSS IS APART OF ANY BUSINESS AND IS COMMON IN TRADING FOREX BUT YOU HAVE TO STOP THIS.IF YOU HAVE GOOD ANALYSIS AND SKILL THEN YOU CAN CONTROL YOUR LOSS BY EARNING MORE AND MORE PROFIT AND ALSO BY HEDGING.

[Rahat Bin]

What i think..... don't be discourage by some loss, we all here for business here we win some we loss some. If you loss than try to learn from that loss than try to avoid the same mistake. Learn about the market gain knowledge than when ever you loss you can recover from that loss. Losing and wining is the part of business we can't avoid that but we can avoid losing to often. So don't be discourage or dis heart by losing some capital, learn from your loss then you can overcome any loss.

[Zahid Dip]

I think if you loss in forex trading you have to think about what you doing in your forex account. By doing bad money management you can loss so you must careful about money management .If we loss in forex we will never upset we try hard and prepared ourselves for doing best so that we can adjust the loss.

[BriteMedium]

Yes, Stop loss and taking profit are my best tools which is often used by almost every trader of the Forex and having the knowledge and information about this, is the much important for everyone. Actually we set the stop loss price with the fear that the price of our concerned currency pair go against our decision then we can take the big loss and just to handle this fear the Broker allow us to set the price where we get the minimum loss and set the take profit porice because we know that our target will must achieved and we will get the profit must from our trade so we set it and take profit.