Accepting the loss Back to list

Member SinceJul 08, 2021

Posts 607

Kihn

Aug 04, 2022 a 02:24
Traders should accept the loss because not accepting the loss and not being able to deal with the losses will result in more losses in the markets, so from my perspective. In my opinion, the successful trader has a strong strategy with powerful methods for analyzing the markets and reading the trend, and he should also have methods to deal with loss, and one of these methods is to place a stop loss order to prevent losses from occurring.

Many traders resort to a completely wrong concept, which is revenge against the markets. Trading with a large contract size and entering into random, unthoughtful deals is the trader's attempt to avenge the markets. As a result, the trader develops many characteristics and cannot face the real loss. The financial markets will suffer more losses as a result.

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