It depends on your trading result, if you are getting a minimum standard trading result, then surely you can avoid the 2-3 SL’s! But if you face SL’s consistently, then you need to go back demo & restart your learning process! On the other hand, money management is such an important parameter here, don’t forget to apply this rule on your live trading!
Should we ignore loss in Forex Trading?
- Thread starter Coner1980
- Start date
It depends on your trading result, if you are getting a minimum standard trading result, then surely you can avoid the 2-3 SL’s! But if you face SL’s consistently, then you need to go back demo & restart your learning process! On the other hand, money management is such an important parameter here, don’t forget to apply this rule on your live trading!
what you think there is any difference between money and risk management ?
Money management involved position size, while risk management involved max risk per trade.
risk management would involve like risk/reward ratio and calculating how many risks you are willing to take per trade while money management would involve what leverage and lot size should you choose given your current budget. They are both necessary in order to maintain a good performance in trading.
In my opinion, we should not ignore loss in forex trading. Instead, every loss should be examined carefully.
you can ignore the losses , its your own choice but of course loss will not ignore you , he will meet with you at any issues. so keep relax .