Post
Topic
Board Nigeria (Naija)
Re: Learn how to accept your loss as a trader.
by
SATWAT
on 13/07/2025, 22:33:07 UTC
As a trader that's no longer a beginner your mind must be built to accept losses otherwise you are going to get frustrated everytime. Trading comes with profits and losses but you only make profit based on your knowledge, trading plan or strategy and your losses is controlled by how well you understand risk management. There are vital things you must learn before going into trading, you must build yourself psychologically
Peoples those love to enter in trading always need to have few things in mind which will help them, and they will be able to have better results after having understanding of trading it's not all about profit peoples can lose their funds and also faced bankruptcy.
Need to have good knowledge of trade with risk management also important this will always give understanding of how to handle situations and never try to have quick profit because this is trap and mostly newbies lost their funds just because of this after having loses they regret but time gone start with small amounts and try to have all manageable.
Never try to chase loses because these always bring more loses and no one can help for having your money back into your account always try to understand market sentiments and then have your turn.