yes every one newbie or professional loose in forex but professional loses % are low then newbie because he has a experience of forex..
Please take a look around, and feel free to .
Of course they do lose cause they too can't predict the market either. However, they do not care as much cause they got money from their long life career so one lost won't get them down. They will recover it. I think they have a method to gaining profit consistently even if they lose they will not be affected by it. If they have ten trades per day and have eight winning trades and two losing trades then they still make money. I know pro would probably have that many trades per day anyways.
Of course they do lose cause they too can't predict the market either. However, they do not care as much cause they got money from their long life career so one lost won't get them down. They will recover it. I think they have a method to gaining profit consistently even if they lose they will not be affected by it. If they have ten trades per day and have eight winning trades and two losing trades then they still make money. I know pro would probably have that many trades per day anyways.
Professional traders do loss money in forex also. I do recommend that we spend more time trading in demo account even if we are professional if we have new strategy to check. Because this is the only way we can manage to earn big amount of money without the risk of losing some how.
Losses can never be eliminated from Forex. What makes the difference is our ability to manage the risk and limit our losses. With small investment you can use 1:500 leverage and if you have a big capital then you can use 1:1000 leverage. Also with big capital we ought to have a stop loss.
As long as equity keeps increasing, I think it's not necessary to worry about loss. Professional traders decide to close their losing positions to either cut losses when as they think they were wrong or reduce risk as they see it's not right time to enter market. After all, their purpose is survival.That leverage is somehow even more higher depending on the amount of money we are having as capital.
In my own oppinion, yes the proffessional traders loss money but their loss is never to be compared with that of what the newbies will be lossing. Professional trader have more exprience that the newbies or average traders.
To tell whether a trader lose, you have to specify a timeframe: day, week, month, year, or lifetime.
Professional traders must not lose money in their entire career, but daily loss, or even year loss is inevitable.
To tell whether a trader lose, you have to specify a timeframe: day, week, month, year, or lifetime.
Professional traders must not lose money in their entire career, but daily loss, or even year loss is inevitable.
In this case, I feel the TS is trying to see it from the angle for which they are called professionals. Perhaps they should have known Forex like the back of their palm. Yes, professional traders lose just like every other trader but not at the pace or magnitude at which the other traders lose.
As Human those professional traders must be lose their money at least once, and if they create lose i believe that mostly or at least 80% of their trading must be profitable for them, so in this case they are still make profit in forex even though they lose their money sometimes.Yes, professional traders do lose in Forex. Firstly, are there really those worthy enough to be called professional traders? Those who have been very long in the business are always addressed with such Prestige but in the real world there are no all winners.