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Forex Fear of losing

Discussion in 'Forex Forum' started by Teresa Garfield, Dec 20, 2020.

  1. chongjasmine83

    chongjasmine83 New Member

    Joined:
    Feb 23, 2023
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    Location:
    Singapore
    Forex actually is more of a skill than luck. You need to know some fundamental and technical analysis.
     
  2. DCprimer

    DCprimer New Member

    Joined:
    Mar 7, 2023
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    Location:
    UK
    It is ok that you are afraid of losing money. clears the question of unrealistic goals. but the then, where i have an issue is when you do not damn the fear and do what needs to be done. eventually you get it right over time and become a master.
     
  3. chongjasmine

    chongjasmine New Member

    Joined:
    Jul 27, 2023
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    2
    Location:
    Singapore
    Fear should be taken into account when you trade. Be aware of how much money you are comfortable with losing and don't trade beyond that.
     
  4. FXtimur

    FXtimur New Member

    Joined:
    Jan 5, 2024
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    0
    Location:
    Indonesia
    Loss is part of forex trading, here traders need to manage risk by utilizing the features available on the forex platform such as stop loss, this is used by traders to manage trading risk because after opening an order, traders never know where the price will go.
     

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