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how to protect loss in account?

صفحه: 1
Oct 01, 2012 02:48 pm

ارسالها: 10
تاریخ عضویت: 01/10/2012

hello friends...i want to to protect loss in account?Can any one explain me properly.

Oct 05, 2012 03:57 pm
ironical User

ارسالها: 734
تاریخ عضویت: 22/04/2011

You cannot stop "loosing trades". But u can slow this process or lower ur loss by good risk management and money management. 

For example, small lot size, tight SL, avoiding over-aggression and etc. 

The good or ill of a man lies within his own will. – Epictetus

Oct 09, 2012 01:02 pm
illiterate User

ارسالها: 561
تاریخ عضویت: 21/04/2011

Try practicing on demo first as much as u can. It will help a lot in improving market reading skills. Start with small investment and try to trade manually. Make a strategy and follow it strictly.

Nov 08, 2012 04:04 pm
Jogi User

ارسالها: 685
تاریخ عضویت: 06/06/2011

Originally posted by forexmetal2015

hello friends...i want to to protect loss in account?Can any one explain me properly.

First and main thing is ur trading strategy. If it is good then u need good money and risk management measures.

Nov 10, 2012 04:42 am
Champ User

ارسالها: 711
تاریخ عضویت: 17/05/2011

Very easy but just one quality is required. If u can successfully predict forex market moves then u can protect ur account from losses. If u cannot then there is NO way to protect ur account from losses. 

So the simple answer is u have to increase ur winning percentage in order to overcome ur losses.

Dec 04, 2012 03:35 am

ارسالها: 939
تاریخ عضویت: 21/04/2011

There r countless articles written on it. You can minimze ur loss by proper risk and money management. Try to practice, on demo, as much as u can. If u have a full time job or u r a full time student then dun give too much time to trading. It will cause stress which will eventually cause loss. 

Stick to your rules

Jul 19, 2017 10:46 pm

ارسالها: 62
تاریخ عضویت: 17/11/2015

We simply need to stick to same plan that we have gained from instead of worrying. Losses are part of business and there is no need of any unique move or protection policy. But, it’s all about learning from mistakes and that’s possible when we work with proper way and method, it’s easier with company like OctaFX who are awesome with their rebate program where I get 50% back on all trades even if it’s lost, so that really helps with working and is in one way a protection.

Mar 05, 2021 08:06 pm

ارسالها: 227
تاریخ عضویت: 05/06/2015

Most important thing in my view is having a reliable and trustworthy broker. As if our broker is not good then we are never protected. So it is very important for us to work on these things in order to gain through consistently. 

Jun 11, 2021 12:33 am
Asher User

ارسالها: 276
تاریخ عضویت: 31/03/2020

You can not avoid loss in forex but still you can minimize your loss if you have good trading plan.

صفحه: 1