Should we ignore loss in Forex Trading?

[Henry520]

you will be able to avoid losses above all when you have most powerful analyzing money management , otherwise no way

 

[Ahmed Solaiman]

agree with you.

 

[Andre17]

A trader, in my opinion, should never avoid losses rather than learn from them and avoid similar mistakes in future trading.

 

[tomCooper]

i think its a human bad trading habit that we traders cant avoid after having good knowledge and experience.

 

[cortneyknowlees]

Avoiding mistakes not a wise decision. Instead you should accept the losses and analyse them to make better future trades.

 

[Kazos]

We should never avoid losses as only they teach us what to not repeat in our next trade, we should analyze them to make our future trades perform better.

 

[Louis Peter]

As a trader, you should never avoid losses because they teach us not only what mistakes to avoid in our next trade but also how to analyse them to improve the performance of our future trades.

 

[Cholas]

Ofcorse you must find out why you made losses and identify the reason and try to improve on your weakness. Also, in the attempt one should not lose heart and consider losses as a part of trading. To cut down on losses one shouldn't hesitate to use Stop losses and good risk management techniques.

I couldn't agree more, these are the right steps to take not run away.

 

[florriefello]

No, don’t ignore them but you need to learn from the losses in the past and try to make better decisions in the future. You need to budget your capital, set good risk management techniques and try your best every step of the way.

 

[Abbas Ali Khan]

what you think there is any difference between money and risk management ? its all about same issue or any major difference between two ?