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Thread: 15 ways to avoid losing money

  1. #11
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    Stop loss is a common reason for definite losses. People with lack of analysis abilities just open terminal and pt an order with stop loss . they do not know what will be the next position of the market. Their stop loss hit most of the time , they are in loss. Stop loss is a good tool but it should be tried after good analysis and management


  2. #12
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    What is that guys??
    Is it like a forex keygen? that give us the signal and make huge profit with this??
    How to get those sofware guys??


  3. #13
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    thanks for sharing such valuable and basic principles.......


  4. #14
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    Thanks! Overconfidence has gotten me in the past!


  5. #15
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    Quote Originally Posted by lynladyforex View Post
    Thanks! Overconfidence has gotten me in the past!
    It's a delicate balance between confidence and over confidence. Confidence is crucial but the skill is knowing when your confidence is ignorance.

    Trading is a science of uncertainty and an art of probability.

  6. #16
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    Explained in a very understandable manner that even a beginner like me could understand. thumbs up for that share! thank you


  7. #17
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    These are good tips about Forex. Forex is a real business and there are lot of good Forex broker and they are giving good service.


  8. #18
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    Quote Originally Posted by AsiaDev View Post
    Stop loss is a common reason for definite losses. People with lack of analysis abilities just open terminal and pt an order with stop loss . they do not know what will be the next position of the market. Their stop loss hit most of the time , they are in loss. Stop loss is a good tool but it should be tried after good analysis and management
    stoploss is an very important tool in forex, i think its very important specially for the new comers, as it will save their investment from getting eroded.


  9. #19
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    Everyone's advises are yet so very useful and helpful. Thank you.


  10. #20
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    Quote Originally Posted by YES View Post
    It's a delicate balance between confidence and over confidence. Confidence is crucial but the skill is knowing when your confidence is ignorance.
    Right on the nose!


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