What do you do when you loss?

[reynuevo]

it is very impossible to trade without losing. so if i sometime loss, i just feel as if nothing happen because it has already happen, and anything you do, can't change it. thanks

[enivid]

I analyze it. I look if I have executed everything according to my trading plan. And if I did, I try to remember that case somehow to systematize them and correct my trading plan according if needed.

[superservices]

You are absolutely right enivid. Even, i use to analyze it, and make sure, to keep on better market. Losses are common things. I wont just sit idle because of losses, just study the market, and go further.

[traderwannabe]

Whatever career path we're on, losing is always there. I'm a newbie and personally what I do, just like what enivid said, I analyze everything about my past trading session. I opened a demo account first though to practice. And when I realized that I have made a wrong move, I accept it and move forward. I learn from it.

[YellowHat]

Originally Posted by superservices

You are absolutely right enivid. Even, i use to analyze it, and make sure, to keep on better market. Losses are common things. I wont just sit idle because of losses, just study the market, and go further.

Can I ask a perhaps silly question?
I have tried some Hyip's before, and i am wondering if these Forex is also programs that can suddenly not pay and shut down?

[Not_A_Newbie]

Originally Posted by YellowHat

Can I ask a perhaps silly question?
I have tried some Hyip's before, and i am wondering if these Forex is also programs that can suddenly not pay and shut down?

You are really misunderstanding Forex. Forex isn't a program, it is foreign exchange trading that you trade yourself through a broker.

Maybe a bit more reading will be beneficial to you.

[pink12]

argh i never mind loosing its not a bad thing untill u quit fearing loss next time i learn from mistakes i did and move to next step

[YellowHat]

Originally Posted by notanewbie

You are really misunderstanding Forex. Forex isn't a program, it is foreign exchange trading that you trade yourself through a broker.

Maybe a bit more reading will be beneficial to you.

Ok, thankyou. Will find out more about it

[traderwannabe]

Originally Posted by jason03

If i lose some money, I will not think of quitting, instead I will try to trade again and think that I can do it better.

Thumbs up! Quitting is just for losers. Losing is naturally part of forex trading. We should be very optimistic and patient. If we believe in ourselves, we could be better traders at the right time.

[arkasha]

Sometime it helps to just stop trading for that day! Just don't trade that day anymore. Next day might bring better results! You know I have a Technic helps me out alot! Next time you have a loss, scream of the top of your lungs, this releases the pressures of life as well as the loss you just had! Just don't dwell on it, we all know losses happen, just yell as hard as you can, and move on, forget about that particular loss, look forward to tomorrow's opportunities!!!