Avoiding Losses in Trading

avoiding losses in forex trading 2ndskiesforex.com

I had an interesting conversation with a developing trader about avoiding losses in trading.  After discussing the subject with them for a few mins, I realized there seems to be a great misunderstanding about trading and losses. This is not surprising as there is a lot of sophomore information out there about these A+ setups, that good setups only occur on higher time frames, that you should only take these high quality signals.  But this misses an essential point of trading and something that all professional traders understand.

The A+ Setups Myth
Beginning traders try to ‘avoid losses’ by waiting for these ‘A+ setups, trading like a sniper stuff‘. This is a big reason why they fail …

... Keep reading