How To Deal With Multiple Losses | Simple & Effective Advice

This video explains how you can overcome multiple losses, what you can do to control your emotions and how you can deal with the psychological aspects that arise from taking multiple losses as a trader.

Trading is everything to do with controlling emotions, remaining disciplined and staying patient despite your immediate results. Most traders think it is all to do with your strategy and making money. This is far from the truth.

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Trading the Forex market requires a lot of patience and discipline. But with the right strategy and understanding, the results can be amazing.

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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

[olliemarsh]

What more is needed but to know your mistakes and apply some correction if still doesn’t work out I advice you go for an expert guidance

[PrimalTrades]

I'm actually shedding tears watching this video!
Trading is sooo mentally exhausting! I've been through with the basics for the past five years, and I should be, at least, a breakeven trader! I'm in this cycle of making profits and giving them back eventually.
It's so disheartening! But, we mosey on👍💯

[chaitanyapai]

Took two losses on Monday, broke my plan and got out of the third at 2R only to watch it go higher and reach my target of 4R. This video is exactly what I needed, thanks a lot

[thomashay]

i totally understand what you were saying, i am also having the same problem.

just happen to me 2 weeks ago. my momentum was very good and my trade in sept as zero loss trade.

until the 1st week of oct, i start to have losing trade, 2 loss trade in a row and i loss my mind. like you mention, you traded because of your emotion feelings and not from your normal clear mind.

with that, i suffered another 2 more losses because of emotion. i was quite upset and now i took a step back and clear my mind. I will reset my mind and now i am back to normal.

thanks for sharing your experience too.

[jonathanleon]

I feel like I needed this video! I was affected by the gold/silver prices this week and I made some bad trades after that and I was wondering if I'm just a regular person with no trade skills at all! What you said is very important and I think the hardest thing to be a trader... Separate our feelings of our trades, it is very difficult but with time and practice could be easier... Even you as an experienced trader could be difficult, we just need to accept it and realize when to STOP! Thanks!!!

[moteldanny]

thanks, brother, we've all been there, and still making the same mistake, trying to control my emotion, great lesson, thanks a million!!

[danielsunday]

The entire STORY OF MY LIFE. Thanks Bro.

[Benanca]

For the beginners I recommend to start slowly, don’t risk more then 0.1-0.25 % from your account and slowly slowly to risk maximum 1% from your account if you don’t want fears/stress/emotional...
Risk management means a lot, to have a plan, the same means a lot, and the most important knowledge regarding forex (charts, candlesticks, S/R zone, trends, charts patterns, timeframes, etc) Anyway your videos are amazing bro! I am learning a lot from your videos. You are my mentor no 1. Looking forward for your future videos 😊🤗

[adeyemotoheeb]

You just motivate me now, I have to start trusting myself now ✊✊

[stefanventer]

Absolutely love your videos dude. Keep up the good work.

[CaptainSkyHigh]

Loving the channel, took average 2R to average 3.5R with your tips, MUCH appreciated!

[tonythomas]

Wonderfully frank introspection Rockz....probably one needs to eliminate flaws in our personality by identifying them, whether it’s emotional or it is technical... and this is really hard....but once our own flaws are eliminated by not repeating them at least 8 times, the profits would be reaped....and this is an ongoing process, to continue to trade without complacency !

[soundinducedflow]

I feel like I’m a person that will greatly benefit from your advice, fantastic video. Great share !!!

[Go_with_D_Flow]

There is so much to learn from you bro.. Thanks for all the lessons... It's having great advantage on my trading...

[oggy]

Been there, Done that. Learned hard way to listen to my gut feeling. That is the part of the journey.

[black]

im gonna be honest..im only watched a few videos of rockz and in only 1 and half weeks..but im already making profits..and plus im emotionless

[BRILHAJOAO]

Thank you for every lesson you give us, you helped my trade a lot !

[noshah]

yes losing trades does change your mindset hard to overcome

[aashaash]

very very well said brother, I love ur videos! Thanks!

[coincentral]

Awesome video! The reason for having a trading strategy is to eliminate the possibility of you making emotional or irrational decisions. Decisions rather is made based on predefined parameters that are developed with clear thinking.