Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. How to minimise your loss

How to minimise your loss

Discussion started on General Forex Discussion

Print
Pages: [1] 2 3 ... 54   Go Down

fragile

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
Hello traders! The best strategy to minimise your loss is to trade with proper money management. If supposed our trade goes wrong then we should have stop loss to stop us from more loss. And take profit is also very important. 

Linkback: https://www.forex.zone/general-forex-discussion/1/how-to-minimise-your-loss/3235/
#1 - January 04, 2021, 10:35:21 AM

Trader Candra

  • Sr. Member
  • Posts: 274
  • Points: 0
  • Likes Received: 21
  • Reputation: +0/-0
The main function of money management is the security of our traded finances.
As much as possible, a trader should look for the best way to maximize profits and minimize losses.
#2 - January 04, 2021, 12:08:21 PM

aizafx

  • Hero Member
  • Posts: 2224
  • Points: 7991
  • Likes Received: 140
  • Reputation: +6/-1
Not always I am trading in everyday trading, but trying to look the easy market to determine the trend
aggressive trading for me is making confuse and sometimes leading to falling in emotion pressure
#3 - January 04, 2021, 11:59:56 PM

miqbal79

  • Sr. Member
  • Posts: 448
  • Points: 104137
  • Likes Received: 12
  • Reputation: +1/-0
stop loss and take profit are equally important, but we should prioritize risk management over take profit because risk is the thing that most should receive attention and emphasis so that we don't experience too much loss.
#4 - January 05, 2021, 10:01:34 AM

Tahajud

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 175
  • Reputation: +70/-0
To minimize losses in trading for me, the thing that must be done is to apply money management strictly and well. Because the trading system is as good as any, if it is not managed properly, the results will be bad in the end
#5 - January 06, 2021, 12:02:38 AM

ariezz

  • Hero Member
  • Posts: 1048
  • Points: 5674
  • Likes Received: 111
  • Reputation: +4/-0
in a trading management risk and targets are both important and inseparable, so you should use a strategy that includes both because one is not enough.
#6 - January 06, 2021, 04:07:38 PM

Aryox

  • Sr. Member
  • Posts: 434
  • Points: 0
  • Likes Received: 17
  • Reputation: +1/-0
In minimizing risk, traders should not forget about risk management or money management because that is the basis for us to minimize losses that may occur and always stalk us.
#7 - January 06, 2021, 04:39:42 PM

Riky Namaku

  • Sr. Member
  • Posts: 396
  • Points: 45589
  • Likes Received: 7
  • Reputation: +1/-0
don't think you can profit consistently if you can't minimize the risk properly because stop loss is much more important than the target or the others.
#8 - January 07, 2021, 06:42:34 AM

miqbal79

  • Sr. Member
  • Posts: 448
  • Points: 104137
  • Likes Received: 12
  • Reputation: +1/-0
The most effective way to minimize risk is to apply risk management, there is no other way but a way to support the implementation of risk management such as strategies that can be used to minimize risk.
#9 - January 19, 2021, 01:24:09 PM

OjoL2904

  • Sr. Member
  • Posts: 457
  • Points: 32784
  • Likes Received: 9
  • Reputation: +1/-1
Minimizing risk is indeed one of the best management that must be applied by every trader, there is no other way than risk management that can be used to minimize risk in forex trading.
#10 - January 19, 2021, 03:47:30 PM

Miracle Fx

  • Hero Member
  • Posts: 524
  • Points: 0
  • Likes Received: 65
  • Reputation: +2/-0
Risk management is the way many traders determine their level of risk.
This loss can be minimized if money management is used properly.
#11 - January 19, 2021, 04:12:36 PM

Rizky_Rizal46

  • Sr. Member
  • Posts: 433
  • Points: 69385
  • Likes Received: 8
  • Reputation: +0/-0
Loss cannot be eliminated because loss is part of the possibilities in trading, loss is certain so we can only try to minimize it.
#12 - January 19, 2021, 11:09:56 PM

Metatrader

  • Hero Member
  • Posts: 549
  • Points: 212
  • Likes Received: 10
  • Reputation: +7/-4
The way to minimize losses in trading in my opinion is only with money management, because good money management will manage all our trading, especially in terms of risk, so the risks we face will be more measurable and we are well prepared from the start
#13 - January 19, 2021, 11:33:08 PM

Billy Atkinson

  • Hero Member
  • Posts: 701
  • Points: 5910
  • Likes Received: 39
  • Reputation: +1/-1
Loss is something that should receive the most attention, when we start trading, loss is the most important thing that we must minimize and one way is to apply risk management.
#14 - January 21, 2021, 07:02:07 AM

Muh0340

  • Sr. Member
  • Posts: 449
  • Points: 45319
  • Likes Received: 14
  • Reputation: +1/-0
minimizing losses is not as easy as imagined because all of that requires high discipline and losses must also be prioritized.
#15 - February 04, 2021, 03:18:44 PM
Print
Pages: [1] 2 3 ... 54   Go Up
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. How to minimise your loss

Members:

0 Members and 1 Guest are viewing this topic.


How to minimise your loss in General Forex Discussion_collapse Refresh Activity Stream (It's automatically updated) Open Activity Stream in Popup Activity: