Thread: face some loss

Originally Posted by FilipSmith

If you face some loss then do not get frustrated and change your system because by this, you will be in a greater loss.

You have to always recover from losses and never do the same mistake again.

It has been observed that one faces lose in the market, he chooses to wrap up his trades and sit idle for some time. But this is completely a wrong thing. When a loss occurs, one should never make an exit and try to cover up his losses. This is exactly where one gets to learn and gather experience.

If we suffer loss in our trading, better to fix our trading strategy in the demo account first, after this trading system are fixed and can be used to generate consistent profit, we can trade in real account.

yes I am totally agree with this very very basic concept and philosophy of trading.