Thread: How can we control our losses?
#1
What I do is I set a maximum loss for my daily trading. I set it to an amount I can afford (meaning I won't be broke at the end). Once I reach that loss, I am done for the day. I won't be trading again just to make up for the loss because that could just increase my losses. Of course, I don't aim to reach that limit every day. If I could end the trading with earnings, then the better.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#2
It's the same with me. I read this technique from an article so I tried it. And thankfully, it really worked for me. My profit might not have increased but at least my losses were lessen.Originally Posted by Aya
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#3
Wow. I think I'll have to try this technique too. I too have the tendency to trade more when I'm losing, so this might be helpful to lessen my losses.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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