Respect our losses

Respect our losses
Have we ever respected our losses ??

The form of respect here does not mean we like the name loss, but at least we can be fair. Profit is grateful, Loss should also be grateful (luckily not Margin Call, right)

The form of honor is a stop loss to protect our account from total loss or the cool language of a Margin Call. that way we can become sincere. Avoid holding on to a loss position (how come you like to hold a floating loss position) because we have the reason HOPE AND POSSIBILITY that the situation will turn around, but we also cannot compromise the market

Advice Ed Seykota (brave cut-loss):
1. If you lose, immediately close your position,
2. If fortunately, let your profits move according to the trend,
3. If you cannot accept a small amount of loss, sooner or later you will experience a greater loss, (you must be brave cut-loss)

hello, thanks for the very good advice, but what often happens to me when I start this business in accordance with the story you say, hold the position of loss and until the margin cal, slowly learn to change for discipline and finally it has improved.

Respect our losses
Have we ever respected our losses ??

The form of respect here does not mean we like the name loss, but at least we can be fair. Profit is grateful, Loss should also be grateful (luckily not Margin Call, right)

The form of honor is a stop loss to protect our account from total loss or the cool language of a Margin Call. that way we can become sincere. Avoid holding on to a loss position (how come you like to hold a floating loss position) because we have the reason HOPE AND POSSIBILITY that the situation will turn around, but we also cannot compromise the market

Advice Ed Seykota (brave cut-loss):
1. If you lose, immediately close your position,
2. If fortunately, let your profits move according to the trend,
3. If you cannot accept a small amount of loss, sooner or later you will experience a greater loss, (you must be brave cut-loss)

Respect our losses
Have we ever respected our losses ??

The form of respect here does not mean we like the name loss, but at least we can be fair. Profit is grateful, Loss should also be grateful (luckily not Margin Call, right)

The form of honor is a stop loss to protect our account from total loss or the cool language of a Margin Call. that way we can become sincere. Avoid holding on to a loss position (how come you like to hold a floating loss position) because we have the reason HOPE AND POSSIBILITY that the situation will turn around, but we also cannot compromise the market

Advice Ed Seykota (brave cut-loss):
1. If you lose, immediately close your position,
2. If fortunately, let your profits move according to the trend,
3. If you cannot accept a small amount of loss, sooner or later you will experience a greater loss, (you must be brave cut-loss)

In essence, every trader must be able to accept losses that occur in his trading activities. Because in forex trading, not only profits will be obtained by traders, but traders also must be prepared to accept the risk of losses that will be faced. Therefore, traders must be able to always be grateful, both when experiencing losses and when they can make a profit. True as you say, it's better to lose but a little more than having a lot of losses. Because every loss that occurs as small as possible is very meaningful for traders if the trader has minimal capital. Therefore, it is appropriate for traders to respect or appreciate any losses suffered. So that from each experience these losses, traders can take valuable lessons to make evaluations and improve their trading capabilities.