No losses on Forex.

The Forex market is perceived as one of the riskiest trading platforms, a reputation it has earned due to the large number of traders suffering losses.

It is simply not realistic to trade completely without losses, but you cannot allow their amount to exceed profits; the result of such trading will always be a complete loss of your deposit.

You should try to minimize possible losses and minimize the likelihood of losing your deposit; this is not as difficult as it seems at first glance.

1. Reduce the likelihood of losing your deposit:

• Eliminate the transfer of positions on weekends and holidays.
• Stop trading after 3 unsuccessful transactions and move on to analyzing the situation.
• Close transactions with losses of no more than 5% of the funds on deposit.
• Use stop out insurance on Forex .

2. Do not use intuitive trading.

• Opening transactions at random in almost 90% of cases leads to losses, the reason is that you see on the chart of a currency pair not exactly the same picture of the trend that can be obtained through technical analysis.

3. Don't be scared.

• A large number of transactions are closed during a correction in Forex , and after that the price begins to move in the right direction again.

In case of a move against an open position, you should try to find out. What is this? - A reversal or just a trend correction. 4. Large take profit and small stop loss.

• Stop orders should be placed based not only on the size of the deposit, but also on the dynamics of the trend, otherwise your stop loss will be triggered on the first pullback, and the trend reversal will occur before the take profit is reached.

If there are discrepancies between the trend stop indicators and the money management rules, it is worth reconsidering the transaction volume. 5. Experimentation is the key to success.

• You should not mindlessly repeat losing trades one after another, try changing the conditions of the game - leverage and volume of trades, trading time, currency pair .

Trading on the Forex market puts enormous psychological pressure on the trader, do not try to win back, immediately close unprofitable transactions, because the secret of success is not the number of profitable or unprofitable transactions, but the size of those same losses or profits received in each of them.