Should we ignore loss in Forex Trading?

In no case should you ignore your losses, you need to draw a conclusion, analyze, so that you can avoid them in the future.
 
Everything that happens to you during trading requires maximum attention and analysis in order to draw conclusions and develop in the future.
 
Losses do happen in the journey of every trader so we shouldn't feel demotivated by them a lot. Instead we try to avoid them when we can.
 
Pegrinn said:
Of course, the loss needs to be analyzed and worked out in order to avoid such situations.
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Absolutely, else losses will keep growing. So we have to find what's going wrong if we want to save ourselves from making losses.
 
I suggest tracking your loss and analyze what mistake was done. By doing so, it can develop trading skills and help in building new strategies in the future.
 
Coner1980 said:
I wonder to know should we ignore our lossess in Forex and go for next trade or sit back and find the reasons why we are losing? Plz give your kind suggestions.
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You can't ignore losses in Forex trading. Before moving forward to a new trade, go through your trading journal, find out the mistake you made, change your trading plan so that you can minimize your trade losses.
 
If you are an experienced trader that has been in profit and loss situation, you would know which loss to ignore, but if its a beginner under no circumstance you should ignore it.

Find the error and analyze what mistake you caused and try to avoid them in the future.
 
Jenzien said:
I suggest tracking your loss and analyze what mistake was done. By doing so, it can develop trading skills and help in building new strategies in the future.
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It's impossible. Should we then also to track winning trades that could happen by pure luck? They also distort results, don't they?
 
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