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General => General Trading Discussion => Topic started by: sammcgee on March 26, 2013, 01:36:33 AM

Title: Did you blame yourself when you lose?
Post by: sammcgee on March 26, 2013, 01:36:33 AM
Many traders blame their selves when they lose trading Forex, which is not right for any trade, when we lose trading we don`t need to blame anybody even our selves, instead we should take time to learn Forex very well, because blaming our selve will not bring the lose back to us. Losing is part of trading too it make us understand the place we are going wrong. So nobody should blame him selves for losing.
Title: Re: Did you blame yourself when get lost?
Post by: fxman on April 25, 2013, 05:36:43 AM
For most of case after investigate I find tat my weak emotion control is the main culprit. Sometime I  face losses for abnormal market movement and that case I don't blame me. I think we should investigate on our mistakes and should  learn from it. Also we should have reason behind every order we make. 
Title: Re: Did you blame yourself when get lost?
Post by: thelastbear on April 26, 2013, 06:26:42 AM
Many traders blame their selves when they lose trading Forex, which is not right for any trade, when we lose trading we don`t need to blame anybody even our selves, instead we should take time to learn Forex very well, because blaming our selve will not bring the lose back to us. Losing is part of trading too it make us understand the place we are going wrong. So nobody should blame him selves for losing.

You are the only one to blame for the outcome of your trades.
Title: Re: Did you blame yourself when get lost?
Post by: ituglobal on April 29, 2013, 04:01:54 PM
Whenever I lose, I wonít show any infantile reactions. I can be encouraged by a good trade, but I wonít be discouraged by a bad trade. Some others may abandon this way of life, but I wonít. Peopleí negative thoughts and comments on trading arenít a headache to me. The outside world is very hard Ė harder than we may think. Iíll let go of the past and look forward to a brighter tomorrow. Trading is my niche; Iím comfortable with it. If you invest the time in becoming an expert then the financial reward can be huge. Iíll continue following the simple time-tested winning strategies. What benefits can you derive from an excellent speculation strategy if you fail to stick to it consistently irrespective of alternative winning and losing streaks?
Title: Re: Did you blame yourself when get lost?
Post by: seawater on May 01, 2013, 04:29:24 PM
It is not all the time when I blame myself. I blame myself when I over trade and the trades after the profits went to loss. Sometimes, it the market which moves in uncertain manner causing the loss.
Title: Re: Did you blame yourself when get lost?
Post by: Rambo35 on May 01, 2013, 05:31:50 PM
Who else would you blame for a loss? You did the analysis, you entered the trade.
Title: Re: Did you blame yourself when get lost?
Post by: Jira on May 02, 2013, 06:56:52 AM
Yes you right, my friend. When I joined forex trading in first time, I always blame my self about my wrong open position. That was make me really hurt in that time. And with over time, experience shows me that no thing wrong about it. I have made good decision about open buy or open sell in that time. The really problem is we can not predict signal movement in every day.I just do my strategy using technical analysis only.

No traders is perfect - everyone make some loss. Nowadays I changed a little my strategy of trading-Inow i compete against other trader in a 1on1 challenge or tournament in a trading game. I find this one more profitable and is very easy to get on. so try to diversify your way of trading- you can get profits on other way.
Title: Re: Did you blame yourself when get lost?
Post by: thelastbear on May 03, 2013, 12:30:45 PM
No traders is perfect - everyone make some loss.

I agree that no trader is perfect.
Title: Re: Did you blame yourself when get lost?
Post by: FXJester on May 03, 2013, 12:35:56 PM


I quite like it if its my fault - its usually the strategy, price feed or some other gremlin.  If a loss is purely down to my bad choice its not a bad thing at all.
Title: Re: Did you blame yourself when get lost?
Post by: ituglobal on May 06, 2013, 09:25:23 AM
Donít despise the days of your little beginning. Though your beginning may be small, your latter end shall greatly increase. Your background may be humble. What youíve now may be very insignificant, but itís very imperative that you concentrate on being the best trader you can be, then your latter end shall be increased greatly. Your potential in trading is limitless and canít be determined by opinions of others.  ;D
Title: Re: Did you blame yourself when get lost?
Post by: thelastbear on May 11, 2013, 01:00:11 PM
Donít despise the days of your little beginning. Though your beginning may be small, your latter end shall greatly increase. Your background may be humble. What youíve now may be very insignificant, but itís very imperative that you concentrate on being the best trader you can be, then your latter end shall be increased greatly. Your potential in trading is limitless and canít be determined by opinions of others.  ;D

Forex Confucius has spoken :)
Title: Re: Did you blame yourself when get lost?
Post by: Forexrider on May 14, 2013, 04:52:30 PM
When we incur losses there is no use of blaming anybody for that because its our mistake and thus we should try to rectify the mistake which lead us to the losses. So that we will not repeat the mistake again.
Title: Re: Did you blame yourself when get lost?
Post by: seawater on May 15, 2013, 10:16:40 AM
When we incur losses there is no use of blaming anybody for that because its our mistake and thus we should try to rectify the mistake which lead us to the losses. So that we will not repeat the mistake again.

Sometimes, there is a bad luck that causes the losses. Just last week, I got a loss but the reason was bad luck. The price just missed my TP by 1 pip and then reverses back to hit my SL.
Title: Re: Did you blame yourself when get lost?
Post by: jack777 on May 18, 2013, 05:35:37 PM
If I follow my strategy and lose, then no one to blame. Only mistakes teach us and make us better, so not important how you deal with them. Just don't make the same mistakes again.
Title: Re: Did you blame yourself when get lost?
Post by: flatour on May 18, 2013, 08:36:01 PM
I never blame myself when I loose. Because before opening the trade/setting EA's MM I know how much I can loose.
Only thing, each time I start an EA (always very low risk as I already make good profits with my currents EAs), it begins by some DD. Always...!
Title: Re: Did you blame yourself when get lost?
Post by: FXtravel on May 19, 2013, 07:41:48 PM
When we incur losses there is no use of blaming anybody for that because its our mistake and thus we should try to rectify the mistake which lead us to the losses. So that we will not repeat the mistake again.

It is true, the luck factor comes into play quite often. Last week had a good profit on long EurTry but then Moody's upgraded the rating of Turkey ... and the trade has been stopped.

Sometimes, there is a bad luck that causes the losses. Just last week, I got a loss but the reason was bad luck. The price just missed my TP by 1 pip and then reverses back to hit my SL.
Title: Re: Did you blame yourself when get lost?
Post by: seawater on June 03, 2013, 04:08:47 PM
One can blame only himself when he loses only when he trades without any proper trading plan or strategy. Because occasional loss is not what needs to be worry about.
Title: Re: Did you blame yourself when get lost?
Post by: Forexrider on June 04, 2013, 05:22:10 PM
One can blame only himself when he loses only when he trades without any proper trading plan or strategy. Because occasional loss is not what needs to be worry about.

Occasional losses are really not of major concern the main concern is whether the traders are at the net profit or not. We are solely responsible for our trading result so no use of blaming anyone for it.
Title: Re: Did you blame yourself when get lost?
Post by: seawater on June 06, 2013, 06:48:11 AM
I only blame my self when I trade any setup out of my trading rules. Like some times I trade on news and use high lots, but this is a method that I don't want to do, but still I get tempted at time and then repent on loss.
Title: Re: Did you blame yourself when get lost?
Post by: fxtest on June 06, 2013, 07:42:40 AM
i dont blame my self because i only use ea.Yes i blame my self if i choose wrong ea or system. :) ;)
Title: Re: Did you blame yourself when get lost?
Post by: seawater on June 17, 2013, 04:56:47 PM
i dont blame my self because i only use ea.Yes i blame my self if i choose wrong ea or system. :) ;)

Yes but even if  you use EA or an automated system, its still you need to blame yourself if you select any wrong settings on your trading robot.
Title: Re: Did you blame yourself when get lost?
Post by: Forexrider on June 27, 2013, 11:14:29 AM
At the starting of my trading career, yes i did blame myself a lot.
Title: Re: Did you blame yourself when get lost?
Post by: Candlestick on June 27, 2013, 11:20:38 AM
Only think about money once in a month, when i make withdrawal or deposit.
Only think about charts while trading.
Clear your mind from the thoughts of losing and winning the money. It messes up trading.
Title: Re: Did you blame yourself when get lost?
Post by: goldenmember on June 27, 2013, 02:04:44 PM
I still blame myself for making the trade yes.
Title: Re: Did you blame yourself when get lost?
Post by: seawater on July 16, 2013, 11:11:15 AM
I still blame myself for making the trade yes.

Well we have to take the blame on ourselves but we need to improve after a mistake done by us. Only by accusing our wrong deed in market won't gonna make us good traders.
Title: Re: Did you blame yourself when get lost?
Post by: expertadvisor1 on July 26, 2013, 05:27:01 PM
I don't blame to myself when get lost because I am successful trader and I am earning profit consistently.
Title: Re: Did you blame yourself when get lost?
Post by: Forexrider on July 27, 2013, 11:08:58 AM
There is no use blaming ourselves when we make losses, because responsible traders would not do such a thing.
Title: Re: Did you blame yourself when get lost?
Post by: seawater on July 31, 2013, 01:47:23 PM
There is no use blaming ourselves when we make losses, because responsible traders would not do such a thing.

But till we become a responsible trader, we can blame ourselves. If we do the same mistake each time then we have no body to blame than ourselves.
Title: Re: Did you blame yourself when get lost?
Post by: Gennietrader on August 08, 2013, 04:50:37 PM
I don't blame myself when I lost, Instead I try to learn from my mistake.
There is always a reason to what happened to you. It is up to you to blame yourself, or analyze what gone wrong, and avoid the same mistake.
Title: Re: Did you blame yourself when get lost?
Post by: arexa on August 12, 2013, 03:28:54 PM
I haven't traded yet, but I think when a time comes that I get lost, I will also blame myself because I have no one or nothing to blame into.
Title: Re: Did you blame yourself when get lost?
Post by: Trapper21 on August 12, 2013, 09:19:31 PM
Losing is a fact of life with trading. Think of  loss as the "cost" of trading. You have to pay for the occasional loser in order to get the big winners.
Title: Re: Did you blame yourself when get lost?
Post by: Guilber on August 19, 2013, 08:55:46 AM

well, i wouldn't say that blaming is the right word. It is more like having that bitter filling when I lose. However, entering the market you have to accept the idea that your money can just disappear, and your task is to make sure that losses are minimal comparing to the profits. Sound very easy, isn't it? ;)
Title: Re: Did you blame yourself when get lost?
Post by: Dario on August 22, 2013, 12:53:51 PM
Losing is not something unusual, you have to accept the idea that you'll be losing sometime. 
Title: Re: Did you blame yourself when get lost?
Post by: Forexrider on August 23, 2013, 05:22:41 PM
@Dario, very much true accepting the defeat is the first step to realize that the plans were not good enough, so that we can re-plan and get restarted to try again.
Title: Re: Did you blame yourself when get lost?
Post by: seawater on August 23, 2013, 07:22:42 PM
Trader himself/herself is liable of trading in loss it is because of lack of trading skills and knowledge. Proper trading plan and strategies is necessary for the trader to get positive results.
Title: Re: Did you blame yourself when get lost?
Post by: maddymoz on August 26, 2013, 11:18:38 AM
You are the only one to blame for the outcome of your trades.
Title: Re: Did you blame yourself when get lost?
Post by: alidubai on August 26, 2013, 11:42:13 AM
Broker and luck :D
Title: Re: Did you blame yourself when get lost?
Post by: Alyssa E. Caruso on August 30, 2013, 09:27:14 AM
Quote
No traders is perfect - everyone make some loss.

i am totally agree with this comment , http://www.donnaforex.com/forum/Smileys/Smiiliis/kiss.gif (http://www.donnaforex.com/forum/Smileys/Smiiliis/kiss.gif)
Title: Re: Did you blame yourself when get lost?
Post by: forexbaby on August 30, 2013, 09:33:54 AM
yes if is my fault for not following through
no if i follow though.

you cannot win all the times
Title: Re: Did you blame yourself when get lost?
Post by: knightrider on August 31, 2013, 05:59:26 PM
This is not actually about blaming myself or others. :) Every time when you are losing, Don't afraid. It is happening, and it will happen again. If this is stopped to be happened then how do you learn from there.

Every time when you lose, from there you will learn. Try to find out Why you lost? This is the way to get the best...

Thanks
Title: Re: Did you blame yourself when get lost?
Post by: FlorinInvest on September 02, 2013, 04:35:43 PM
Many traders blame their selves when they lose trading Forex, which is not right for any trade, when we lose trading we don`t need to blame anybody even our selves, instead we should take time to learn Forex very well, because blaming our selve will not bring the lose back to us. Losing is part of trading too it make us understand the place we are going wrong. So nobody should blame him selves for losing.
Yes I am agree we should not blame ourselves when we loss in trading Forex. There are many reason behind it one of them is lack of knowledge so we should get proper knowledge and learning about forex.
Title: Re: Did you blame yourself when get lost?
Post by: Super Andrew on September 04, 2013, 09:46:09 AM
I do. Not like hitting walls with my head, but if I see market goes against my trade and I can clearly understand why it is like that, I always say to myself how stupid I'm. It helps me not to do the same mistakes. Sometimes I even put the reminder stickers on the wall with the description of mistakes.
Title: Re: Did you blame yourself when get lost?
Post by: seawater on September 28, 2013, 07:43:10 PM


I quite like it if its my fault - its usually the strategy, price feed or some other gremlin.  If a loss is purely down to my bad choice its not a bad thing at all.
Trader should control when strategy went against the trader so trader should accept the loss and next time trade properly to reduce the loss factors.
Title: Re: Did you blame yourself when get lost?
Post by: Forexrider on September 29, 2013, 07:06:47 AM
There is no use of blaming, its high time that we start accepting the true fact of the loss and work towards making some good amount of money.
Title: Re: Did you blame yourself when you lose?
Post by: EquityDefender on October 07, 2013, 12:21:09 PM
If you are following the rules, you set out in your trading strategy then you should never blame yourself for any loss. You should take that as a learning experience. And if you are just gambling with your money blindly without following any strategy then you are a fool because i can ensure you that you will lose your money.


Trading is a business and you should always have a trading plan and strategy to follow.
Title: Re: Did you blame yourself when get lost?
Post by: seawater on October 07, 2013, 05:54:49 PM
I don't blame myself when I lost, Instead I try to learn from my mistake.
There is always a reason to what happened to you. It is up to you to blame yourself, or analyze what gone wrong, and avoid the same mistake.
Thats good trader should learn from their mistakes so that in future we can trade well and pur trading skills will be increased, loss factors can be minimized and profit can be increased.
Title: Re: Did you blame yourself when you lose?
Post by: mehulsoni on October 09, 2013, 01:24:08 PM

  I would say,trading and all the decisions made for it is all depended on the trader.So,if I lost ,I must have taken some wrong steps which lead me to my loss.So,I m the only culprit for my loss ,so I will have to blame my self for it.  :'(
Title: Re: Did you blame yourself when you lose?
Post by: FelixForex on October 11, 2013, 11:17:24 PM
I have rage with myself then I left trading for a bit (max 1 day in worse situation) but day after it is like I am ahead pc trading with relax mind.
Title: Re: Did you blame yourself when you lose?
Post by: forexnerd on December 21, 2013, 06:20:29 AM
Then who will you blame if you lose in forex? It is better to do a motivating blame which at least converts the fearful trading behavior into confident strategy. So blame, learn and implement in forex trading when you loose once.
Title: Re: Did you blame yourself when you lose?
Post by: amyyoh on June 04, 2014, 01:26:08 AM
I blame myself for not having all the necessary knowledge and the ability to predict all that might occur. It's not possible to prevent bad luck or be able to know what will happen with trades though, but it's tough not to feel a twinge of guilt and 'i could have done this instead of this'.
Title: Re: Did you blame yourself when you lose?
Post by: drunkfx on June 04, 2014, 09:05:16 AM
I blame myself for not having all the necessary knowledge and the ability to predict all that might occur. It's not possible to prevent bad luck or be able to know what will happen with trades though, but it's tough not to feel a twinge of guilt and 'i could have done this instead of this'.
There is no knowledge or so-called ability to make forecasts. You can only suggest and bet on your suggestion. Knowledge is facts and price action is something more complex than all of it..
Title: Re: Did you blame yourself when you lose?
Post by: nashvilleshelby on June 04, 2014, 09:11:15 PM
Many traders blame their selves when they lose trading Forex, which is not right for any trade, when we lose trading we don`t need to blame anybody even our selves, instead we should take time to learn Forex very well, because blaming our selve will not bring the lose back to us. Losing is part of trading too it make us understand the place we are going wrong. So nobody should blame him selves for losing.

I think that you are right to a degree. Certain things are unpredictable. There are always anomalies.However, do you think that greed caused some people to lose it all?
Title: Re: Did you blame yourself when you lose?
Post by: foodietr on June 05, 2014, 03:08:23 PM
Most times I blame myself when I lose. Predicting stocks is not really a personal fault but still there is a lot of guilt when it comes to money. Sometimes there is a tell, even before investing, whether to put the money in a desired stock or not. If you have the gut feeling to invest, I think nothing can stop you from doing so. That sudden decision to invest without weighing the pros and cons can cost you dearly. That is why I always think a bit before setting my stocks aside. This is quite personal to me. And when I win a lot, I do appreciate the effort that I have put it, and I think it is quite natural.
Title: Re: Did you blame yourself when you lose?
Post by: Changleitrade on June 09, 2014, 12:45:59 PM
I lost so much money in 2008 that I don't take it personally anymore. I just enjoy the ride :)
Title: Re: Did you blame yourself when you lose?
Post by: EliVonC on June 10, 2014, 10:27:41 AM
I did blame myself when I started trading, because I was over analyzing what went wrong. Now I am okay with losing, because I have a strategy in place and it is part of the "job". It is actually good to lose sometimes, it is a reminder of not to be arrogant. Being mentally strong is essential when making decisions and a little red amongst the many green trades shouldn't bother you.
Title: Re: Did you blame yourself when you lose?
Post by: surwayman on June 10, 2014, 11:49:34 AM
I neither blame myself nor anybody else for being a loser in a trade. Trading is all about experimenting and one may not be able to succeed in all their experiments. Not experimenting with noval out of the box ideas can only make one nobody more than a mediocre trader. Blaming myself in a failure only makes me feel demoralised.
Title: Re: Did you blame yourself when you lose?
Post by: May102014 on June 10, 2014, 09:14:21 PM
You know this is an excellent post and I for one am guilty of blaming myself when I had a bad day with Forex Trading. It's inevitable in this business you will have moments of doubting and even blaming your perceive lack of ability to get the trades right. But that was early on. I don't really do the blame game on myself because over the years I have grown use to understanding the markets and how they work. Sometimes you win and other times the markets turn within a blink of an eye. I primarily do trades with Scottrade here in my home town of Missouri. I do pretty well, but it's important to note that with any trade you have to truly study what you are doing before risking any money. Just my take.
Title: Re: Did you blame yourself when you lose?
Post by: tigpips on June 20, 2014, 04:02:44 AM
Losing trades are a good opportunity to figure out what went wrong, and how you could prevent it from happening again in future.
Title: Re: Did you blame yourself when you lose?
Post by: dez97 on June 24, 2014, 03:47:39 PM
sometimes I do, but I always take it as a way to improve and to figure out where I went wrong and what went wrong so it doesn't happen again.
Title: Re: Did you blame yourself when you lose?
Post by: musicpenguin on June 24, 2014, 08:33:40 PM
Sometimes. Sometimes its your fault and others it not.
Title: Re: Did you blame yourself when you lose?
Post by: Qerlan on June 25, 2014, 03:53:03 PM
Even though one shouldn't, I do blame myself when I lose money on something, trades included. Even when it's not really my fault or anything, I always think that if I would have just done something different, I could have saved/earned some money instead of lost money like this. It's more like "I wish I was in a parallell universe where I didn't do this" rather than blaming myself for being bad.

Of course, no matter how hard you take it, you have to move on and LEARN FROM YOUR MISTAKES! Sometimes you just have bad luck, but even if it's just bad luck, there's probably something you can learn from it. And when trading, learning from your past mistakes is extremely important. And for that reason alone, do we have to focus more on improving/learning from our mistakes rather than blaming ourselves for past mistakes. After all, they're in the past, and we can't change anything about it.
Title: Re: Did you blame yourself when you lose?
Post by: JakeToms on July 06, 2014, 07:47:37 PM
I think we need to take responsibility for our own losses. When I first started out I made some large losses and lots of mistakes.... that was probably the best thing that could have happened to me as I learnt form the experience and gained some maturity from it. I'm proud to say I am now a reasonably successful trader...
Title: Re: Did you blame yourself when you lose?
Post by: xilezaturo on July 08, 2014, 11:51:10 AM
I really don't like blaming anyone, even myself. I just tell myself that it will all work out in the end. Money isn't a big deal to me, so I enjoy the risk. I think the bigger issue is the fact that ever since the age of currency, people have become waaay too dependent on an intangible source of income. I'm hoping in the future people will go back to trading instead of investment banking. Oh well, until that day comes - I'll be playing around with what we have.
Title: Re: Did you blame yourself when you lose?
Post by: licklozay on July 09, 2014, 10:53:06 PM
I think that it is important to be able to take of responsibility for what has happened whether it is a win or a loss. If you are able to own up to your losses as well as your victories then it makes you a mature person. If you are not able to take responsibility then I would say that you are gambling. Way you leave everything up to chance. I'm not the type of person to be things up to chance or faint. I think that there is a formula and a method to every single thing that we do. And it is our role to be able to educate ourselves enough to be able to understand the industries of the businesses on the different things that we are involved in
Title: Re: Did you blame yourself when you lose?
Post by: Determined2014 on July 10, 2014, 05:54:20 PM
Many traders blame their selves when they lose trading Forex, which is not right for any trade, when we lose trading we don`t need to blame anybody even our selves, instead we should take time to learn Forex very well, because blaming our selve will not bring the lose back to us. Losing is part of trading too it make us understand the place we are going wrong. So nobody should blame him selves for losing.
No I do not blame myself for loosing, because most of the time it is not my fault, when trading, I believe I have to be ready for both gain or loss, because gain is not guaranteed, so I am always prepared either way.
Title: Re: Did you blame yourself when you lose?
Post by: DonnaIReilly on July 16, 2014, 02:54:53 PM
It just depends for me. Sometimes when I lose I blame myself but other times I just find its a job and I entered the trade.
Title: Re: Did you blame yourself when you lose?
Post by: chromophilia on July 19, 2014, 09:06:04 AM
If it balances out positively in the end, I don't think there's anything to blame myself for. It's not like I'll gain more or lose less if I do.
Title: Re: Did you blame yourself when you lose?
Post by: Paul10 on July 19, 2014, 02:43:36 PM
I blame myself a little, but I mostly just investigate why it went wrong, what I could do better next time, and why it happened.  I try to trade better next time as well.
Title: Re: Did you blame yourself when you lose?
Post by: alash on July 19, 2014, 09:59:45 PM
When I loose in my investments I have to just roll with the punches and know that I will have better luck some you win some you loose
its all about knowing your area and knowing what is at the right price at the right time.
Title: Re: Did you blame yourself when you lose?
Post by: mehulsoni on July 20, 2014, 04:09:18 PM
Mostly I trade on my own analysis only... So no matter to blame others... 

In winning trades I appreciate also.. Not only blame when I lose..
Title: Re: Did you blame yourself when you lose?
Post by: W2 Cloud - Steve on July 20, 2014, 04:52:00 PM
I blame Mario Draghi, he breaks technicals ...  its always his fault !  :)
Title: Re: Did you blame yourself when you lose?
Post by: troutski on July 21, 2014, 07:31:50 AM
When you suffer a big forex loss, then it's nobody's fault but your own, but you can't spend too much time beating yourself up over it. Nobody is right 100% of the time, especially when it comes to these kinds of investments. You simply have to pick yourself back up, learn from your mistake, and then get back to trading to make up for the losses if possible.
Title: Re: Did you blame yourself when you lose?
Post by: Detoyin2 on July 25, 2014, 08:01:44 AM
No, I do not blame myself. Why should I blame myself? I believe that those who blame themselves know nothing about forex trading. Forex trading is like a game where you can win or lose, just like the game of life. You need to keep learning and keep practicing to learn the trade. There is so much to learn in order to be perfect. And even when you are perfect, you are still prone to lose cause no one is really perfect. Once you have this mentality, you cannot blame yourself for any loss.
Title: Re: Did you blame yourself when you lose?
Post by: John Henrik on July 30, 2014, 01:31:15 AM
I blame my cat :)
Title: Re: Did you blame yourself when you lose?
Post by: bintsk on July 30, 2014, 03:58:25 AM
I would blame myself if I lose the forex trade since I was the one who didn't analyse it properly. However, If I made mistakes and lose, I would try my best to learn the mistakes and try not to make the same mistakes next time.
Moreover, this trade is unpredictable; so I wouldn't totally blame myself too. After all, nobody is perfect in this business. :)
Title: Re: Did you blame yourself when you lose?
Post by: mazad4 on August 19, 2014, 12:39:38 AM
Yes and no. When I see a good trade setting up, but I do nothing about it because my gut tells me no when my indication was right, yes. Also if I do trade when I gut says no and I ignore it and then lose, it becomes my fault. If I see a trade that looks iffy and I jump into it, also my fault. However, if my indicators were completely out of bounds, I blame them and then tweak them until they're right again, all becomes forgiven.
Title: Re: Did you blame yourself when you lose?
Post by: samuel_p80 on August 20, 2014, 02:38:18 PM
Blaming our self is not wise manner in order to improving our skill in forex trade. We must not blaming but finding out our mistake and our errors. Then make resolution for those. I've learn forex trade more than 8 years and now I can withdrawal some $200 from liteforex. Thanks liteforex..
Title: Re: Did you blame yourself when you lose?
Post by: donding on August 22, 2014, 02:57:24 PM
When I close a bad trade, I carefully analyze the trade to figure out the problem. Sometimes, there is no one/thing to blame -- it's just the luck of the draw. Other times, it's a stupid mathematical assumption I made, that I then learn from. So sometimes, yes, when it is my fault for rushing to pull the trigger too quickly, I do blame myself. But on most bad trades, I know it probably wasn't my fault.
Title: Re: Did you blame yourself when you lose?
Post by: stevemagana on August 29, 2014, 09:56:14 AM
I think everyone should not blame themselves when the lose, especially if they are following their plan. I only blame myself If i hold something that make a loser a bigger loser which was suppose to be liquidated as a loss earlier.
Title: Re: Did you blame yourself when you lose?
Post by: compujock on August 31, 2014, 04:27:01 PM
Did you blame yourself when you lose?
No.  I blamed the broker, the banks, the hedge funds, the liquidity providers, market sentiment, the news, the indicators, or the ea's.  Anything, but myself!    ;)   Just kidding...

Being serious though, I think the best thing is to analyze the trade and the strategy just to make sure the loss was in line with the expectancy of the strategy.  See if there is a good reason for the loss if it was not expected (ie: maybe there was some unexpected news, etc.)  Then adjust the strategy or the money management if necessary and move on. Just make sure you can live with the drawdown.  If not LOWER the risk.  :-)
Title: Re: Did you blame yourself when you lose?
Post by: iMusingKiMi on September 04, 2014, 02:24:01 PM
I do blame myself sometime if I argue with the market. This is a terrible mistake but human make mistake, right? So after blaming and scold myself, I will always remind myself no next time on the same mistake. You can blame yourself in trading, but you must need to learn from that mistake. Don't blame yourself but keep going with the same mistake, it just means you never wake up from your very own mistake. 8)
Title: Re: Did you blame yourself when you lose?
Post by: Lila5 on October 04, 2014, 04:42:33 AM
of course - who else to blame than ? But as written by others, every mistake is an opportunity to learn from it for the future steps
Title: Re: Did you blame yourself when you lose?
Post by: iMusingKiMi on October 04, 2014, 12:48:42 PM
of course - who else to blame than ? But as written by others, every mistake is an opportunity to learn from it for the future steps

Good one. Responsible trading is a must, so you must blame yourself first. If you don't blame yourself and blame the market, then you must need to go back some psychology training before getting back into trading.
Title: Re: Did you blame yourself when you lose?
Post by: FXpony on October 22, 2014, 05:12:18 PM
When you lose a trade, you are also learning from your mistakes, so you should see it as paying the market for education and experience.
Title: Re: Did you blame yourself when you lose?
Post by: iMusingKiMi on October 23, 2014, 05:22:15 AM
When you lose a trade, you are also learning from your mistakes, so you should see it as paying the market for education and experience.

Paying a penny mistake per pips for future USD 10 or more per pips education.
Title: Re: Did you blame yourself when you lose?
Post by: iMusingKiMi on October 25, 2014, 05:53:17 AM
I am always ready for looses, just need to stick to the rules...

I don't always gotten ready for losses, I just have to accept it if it occurs. :-[
Title: Re: Did you blame yourself when you lose?
Post by: lupynx on October 25, 2014, 07:31:07 AM
I used to blame myself, and its quite affecting my performance.

You can have a good strategy and a good discipline, and do everything rightly. But yet, you still can lose. It is the right thing, but you still lose.

So how can you blame yourself? Blaming that you can't have a 100% win strategy? That's a joke. Nobody knows the future.

Even if you have 99% win, you can still lose on that 1%.

Blaming yourself when losing is like blaming yourself when you have a bad luck in real life. It just happen, you can't predict that.

Then I learned that profit and loss comes and goes quickly. If you having a loss you'll cover that one later. No hard feel. You shouldn't feel happy when winning, and you shouldn't feel sad when losing. It just that, a strategy.

And unexpectedly this mental state boost my performance unbelievably.
Title: Re: Did you blame yourself when you lose?
Post by: SpreadGuy on December 07, 2014, 04:11:45 AM
see how many people want to look professional, when i take an order on my mercerfx platform and the results are not in accordance with what i want, to be honest i'll take the blame on me ,so that I will be motivated to sharpen my trading skills. you are not a robot guys lol 8)
Title: Re: Did you blame yourself when you lose?
Post by: drunkfx on December 07, 2014, 10:02:57 AM
see how many people want to look professional, when i take an order on my mercerfx platform and the results are not in accordance with what i want, to be honest i'll take the blame on me ,so that I will be motivated to sharpen my trading skills. you are not a robot guys lol 8)

yeah self-critics and high level of self-requirements is a good way for professional advancement. You are responsible for your trading and nobody else
Title: Re: Did you blame yourself when you lose?
Post by: indicator on December 17, 2014, 05:19:10 AM
I deviate from my trading plan a lot and that is why I do blame myself for losing most of the time in my trades. Its because I close trades with little profit, which later goes to a large profit. Some I hold in loss and they loss huge as I don't use proper stop loss.
Title: Re: Did you blame yourself when you lose?
Post by: alimox on December 17, 2014, 09:00:45 PM
it's a part of the game and we should accept it ,we take the lesson and move forward
Title: Re: Did you blame yourself when you lose?
Post by: indicator on December 25, 2014, 06:27:54 PM
it's a part of the game and we should accept it ,we take the lesson and move forward

I agree with you, there is no need to cry over spilt milk, instead a trader should learn from his every lost and should try to avoid repeating that same mistake in his next trades.
Title: Re: Did you blame yourself when you lose?
Post by: TradingSafe on December 28, 2014, 10:58:33 AM
Yeah, I always blamed myself.
Title: Re: Did you blame yourself when you lose?
Post by: johnfx5 on December 28, 2014, 01:09:26 PM
i blamed myself then i told myself that will never make the same mistake. we will learn a lot from the past.
Title: Re: Did you blame yourself when you lose?
Post by: corre971 on December 28, 2014, 01:42:13 PM
Errors and losing trades are a normal part of the trading game. There is a difference between a "normal" loss and a loss which happens because we did not follow our own rules (often due to overconfidence which lead us to not respect money managment rules) Also after decades of experience sometimes we make some mistakes, the important is to try to learn by mistakes and to avoid them next. A lot of time this year i had luck and the possibility to te out from bad situations. I consider the better way is to spread risk on a lot of different strategy and also on many differnt accounts and brokers. Maybe this need more time to be manager, but when the error occurs it should be less painfull
Title: Re: Did you blame yourself when you lose?
Post by: iMusingKiMi on December 29, 2014, 11:18:17 AM
Blame other traders, because price driven by them against you. :) :) :)
Title: Re: Did you blame yourself when you lose?
Post by: tumpa on January 01, 2015, 07:53:40 PM
I believe lose is a part of Forex business. Therefore, I am very positive about my loss. Though, I am much sincere about money management and using stop loss. Therefore, now I can easily overcome my big losses. On the other hand, I get most protective trading environment from my regulated trading broker ĎGCIí. So, my trading life is much enjoyable and profitable.
Title: Re: Did you blame yourself when you lose?
Post by: iMusingKiMi on January 02, 2015, 08:13:51 AM
I believe lose is a part of Forex business. Therefore, I am very positive about my loss. Though, I am much sincere about money management and using stop loss. Therefore, now I can easily overcome my big losses. On the other hand, I get most protective trading environment from my regulated trading broker ĎGCIí. So, my trading life is much enjoyable and profitable.

Your post leads me to believe you are try to give an ads to your broker with your 1st post instead of trying to tell us you are positive about loss. No good to do your 1st post this way, because it is not intelligent posting anymore. :P
Title: Re: Did you blame yourself when you lose?
Post by: indicator on January 05, 2015, 04:32:33 AM
Blame other traders, because price driven by them against you. :) :) :)

lol yes one can get away like this but loss is happening in your trading account of which others don't care whether we blame them or not. Blame anyone but try to become a good trader along with it.
Title: Re: Did you blame yourself when you lose?
Post by: iMusingKiMi on January 05, 2015, 08:02:21 AM
Blame other traders, because price driven by them against you. :) :) :)

lol yes one can get away like this but loss is happening in your trading account of which others don't care whether we blame them or not. Blame anyone but try to become a good trader along with it.

That's why price action is important to trade because it can exploit other trader behavior. ;D ;D ;D
Title: Re: Did you blame yourself when you lose?
Post by: drunkfx on January 06, 2015, 03:12:59 PM
I believe lose is a part of Forex business. Therefore, I am very positive about my loss. Though, I am much sincere about money management and using stop loss. Therefore, now I can easily overcome my big losses. On the other hand, I get most protective trading environment from my regulated trading broker ĎGCIí. So, my trading life is much enjoyable and profitable.

Your post leads me to believe you are try to give an ads to your broker with your 1st post instead of trying to tell us you are positive about loss. No good to do your 1st post this way, because it is not intelligent posting anymore. :P

This smart guy is the god of marketing :). Interesting, do they get paid for that cheap stuff..
Title: Re: Did you blame yourself when you lose?
Post by: iMusingKiMi on January 07, 2015, 07:11:43 AM
I believe lose is a part of Forex business. Therefore, I am very positive about my loss. Though, I am much sincere about money management and using stop loss. Therefore, now I can easily overcome my big losses. On the other hand, I get most protective trading environment from my regulated trading broker ĎGCIí. So, my trading life is much enjoyable and profitable.

Your post leads me to believe you are try to give an ads to your broker with your 1st post instead of trying to tell us you are positive about loss. No good to do your 1st post this way, because it is not intelligent posting anymore. :P

This smart guy is the god of marketing :). Interesting, do they get paid for that cheap stuff..

Just another silly advertiser who try his stance with 1st post without any sharing. No contribution but only try to advertise, that's make me not feeling comfortable. :P
Title: Re: Did you blame yourself when you lose?
Post by: indicator on January 18, 2015, 04:31:11 AM
Blaming anyone is an amateur trader's behavior. Veteran traders don't blame anyone, they just move forward. If you have lose a trade with good money management, then you shouldn't be bothered about that also.
Title: Re: Did you blame yourself when you lose?
Post by: Efx123 on January 20, 2015, 08:25:41 PM
Trading is the toughest job in the world. I only started making money when I reversed everything that generated constant losses. I even asked one friend to give me mirrored charts.
Title: Re: Did you blame yourself when you lose?
Post by: Forex Grandeur on February 01, 2015, 09:44:49 AM
Well if you ask me honestly who else am I to blame when I have loss because of my mistakes, well we all know or get to know our mistakes once we look back onto our previous trade in which we had a loss so we cannot blame the currency pair or our electronic device which we use for trading.

However but I think that it is not good or sensible to just get angry and blame ourselves for what has been done what we should do is try to note down our mistakes and then learn from our mistakes so that next time we do not repeat that same mistake. Like this in future we would make less mistakes and we would have better chances of profit. This is my personal view.
Title: Re: Did you blame yourself when you lose?
Post by: SpreadGuy on February 02, 2015, 10:07:43 AM
Trading is the toughest job in the world. I only started making money when I reversed everything that generated constant losses. I even asked one friend to give me mirrored charts.

seem effective idea. :) . so what exactly did reverse here, did you go long while your trading system shown short signal confirmation. had found similar odd behaviour when some forum member posted, he following the losing streak signal provider, but in fact he reverse the signal order on his own trading platform. first months of 2015 found many crazy idea come around, guess the CHF collateral damage starting taking effect.
Title: Re: Did you blame yourself when you lose?
Post by: indicator on February 05, 2015, 04:49:30 PM
Trading is the toughest job in the world. I only started making money when I reversed everything that generated constant losses. I even asked one friend to give me mirrored charts.

You can say that again, forex trading isn't easy. It take some years to master it properly before you start making any regular progress in your trading career.
Title: Re: Did you blame yourself when you lose?
Post by: AngelosK on February 06, 2015, 07:57:24 PM
Never! I am responsible for my trades but sometimes maybe is no go well but is like investment. The markets are difficult to predict.
Title: Re: Did you blame yourself when you lose?
Post by: indicator on February 10, 2015, 04:34:47 PM
Never! I am responsible for my trades but sometimes maybe is no go well but is like investment. The markets are difficult to predict.

You are right, every trader, whether he is a great one or a starter loses trades. Some lose a lot and some lose less. The difference is that you need to differentiate what you has lost because of which reason.
Title: Re: Did you blame yourself when you lose?
Post by: stephane on February 11, 2015, 03:03:05 AM
I will blame myself not for losses, but if I enter a trade without respecting my plan, or if it comes because of my bad analysis.  >:(

But then I have to cope with it and go on, for I cannot trade properly if I am not perfectly calm and relaxed.  :D

Besides loosing trades happens with every systems.  :-\
Title: Re: Did you blame yourself when you lose?
Post by: Pro Trade FX on February 11, 2015, 06:48:44 AM
Hi,

Its interesting that when you guys talking about lose, only think about SL and not using them, etc...however I think the cutting bad trades, using SL is the easiest part. In my experience the biggest lost occurs during a trade when somebody closes the profitable trades.

I dont see many people talking about this. Closing trades too soon will hurt your equity more than anything. Not staying in the good trades will make you lose more than you can think. Begginers can cut loosing trades easily but when they see they are about to get 100, 200, 500, 3000 USD profit, they start shaking and wont stay in trades.
Title: Re: Did you blame yourself when you lose?
Post by: styg on February 12, 2015, 07:32:06 PM
I would blame myself if I lost because it would mean I didn't put into place effective strategies to avoid the loss.
Title: Re: Did you blame yourself when you lose?
Post by: Bracket on March 01, 2015, 06:53:14 AM
I don't really blame myself while I loose. It has not been easy but we should see loss as something that tends to give us more experience. Nobody will want to loose but we must help ourselves avoid trading with no knowledge. Loosing is part of forex but we can control losses with better strategies.
Title: Re: Did you blame yourself when you lose?
Post by: indicator on March 02, 2015, 04:21:09 AM
I don't really blame myself while I loose. It has not been easy but we should see loss as something that tends to give us more experience. Nobody will want to loose but we must help ourselves avoid trading with no knowledge. Loosing is part of forex but we can control losses with better strategies.

You are right, any loss is not such a think to worry about too much on it, but if you had lost a huge amount due to poor money management then you need to bring a change in yourself regarding this issue.
Title: Re: Did you blame yourself when you lose?
Post by: resistance on March 10, 2015, 03:22:40 PM
I would blame myself if I lost because it would mean I didn't put into place effective strategies to avoid the loss.

It is normal for traders to blame himself when there is mistake in trading because trader himself who should responsible to the result of trading although another person (traders) could give impact to his decision but the final decision will depend on the trader himself.We can't avoid loss so don't ever hope to trade without trouble or mistakes. Prepare good money management to prevent big losses but it's important to make evaluation in every transaction.
Title: Re: Did you blame yourself when you lose?
Post by: indicator on March 11, 2015, 05:05:39 AM
Only amateur traders blame themselves for their losses. Good traders don't think about losses too often. They believe in their strategy and carry on with next trade.
Title: Re: Did you blame yourself when you lose?
Post by: rodneyp on March 11, 2015, 06:31:26 AM
All traders will loose at some point in time. Its all part of trading, you just got to get over your losses and move on )
Title: Re: Did you blame yourself when you lose?
Post by: Bracket on March 11, 2015, 01:26:30 PM
This is not an easy trade and because we all look forward to earn good, we get heart broken when we loose. I don't normally blame myself when I loose rather I accept losses and tend to move on. Nothing good comes so easy and for anyone to work hard, they really need to learn and help themselves in this trade.
Title: Re: Did you blame yourself when you lose?
Post by: hybrid on March 11, 2015, 04:40:08 PM
Loss is a part of trading and we cannot win all the time. There is no need to blame yourself, just try to win again. I am trying to keep my losses lower  than wins. At the moment, the ratio is even almost but I will increase my winning percent with more practice
Title: Re: Did you blame yourself when you lose?
Post by: resistance on March 27, 2015, 06:48:23 AM
It's normal thing if we feel regret with our decision which caused losses in trading and it is right if we are the one who should responsible with that decision no matter the decision is affected with any other conditions, persons (traders) or strategies. But more than that, it is no need to blame ourselves too much because the most important is learning from mistakes. If we regretted it and evaluated the mistakes to be better then it is okay but if it makes us depress and frustrated so it was wrong.
Title: Re: Did you blame yourself when you lose?
Post by: indicator on March 28, 2015, 05:04:26 AM
Blaming anyone or anything is not going to work for any trader in improving his trading skills. A trader have to accept mistakes and stop repeating them afterwards.
Title: Re: Did you blame yourself when you lose?
Post by: Bracket on March 29, 2015, 07:00:13 AM
Loss have been part of this business and the right thing to do here is no other than to learn. No need blaming myself for my losses but I have to look forward and trade good.
Title: Re: Did you blame yourself when you lose?
Post by: Alex-XGM on March 30, 2015, 05:52:25 PM
I've done allot of different types of investments, and I never blamed someone else.
It's easy to blame someone for a wrong deccission you made, unless it's a bad broker who runs away with your money, but even then you are the one who opend an account and didn't do enough research.
Title: Re: Did you blame yourself when you lose?
Post by: hybrid on March 30, 2015, 05:58:19 PM
Loss have been part of this business and the right thing to do here is no other than to learn. No need blaming myself for my losses but I have to look forward and trade good.
Trader should learn from their trading mistakes and improve their trading which will help them to minimize the risk and maximize their profit
Title: Re: Did you blame yourself when you lose?
Post by: meremirror on March 31, 2015, 05:29:48 PM
There is no point in blaming your or anything when you have a loosing trade, loosing is part of Forex.
Most traders, specially new ones, believe that the key to succeed as a trader is to never lose, and that is just impossible. Of course we all want to win as much as we can, but win% is not the only thing that matters.
When you create a trading strategy it is important to plan how are you going to loose, and that why Stop Looses are important. A trading strategy can be profitable even with a 50% win ratio, if your risk reward ratio is 2:1 or better. On the other hand, having a 100% win ratio is not good if you are to allow a single loosing trade to wipe all your profits.

I currently have around a 70% win ratio, so there is no point for me in getting upset when I loose a trade, I just accept it a continue with my trading plan.
I would blame myself if I allow a single trade to wipe down most my account. As a trader I know I cannot control the market, but I can control my exits when the market turns against me.

Title: Re: Did you blame yourself when you lose?
Post by: Bracket on March 31, 2015, 11:38:06 PM
I don't blame myself for my losses but I ensure I do my best to always win and have the best way to trade. Loss is part of this business and I try to learn from it so as to improve on my trade.
Title: Re: Did you blame yourself when you lose?
Post by: indicator on April 14, 2015, 05:55:32 AM
A trader should only blame himself when he deviates from any of his trading rules. Other than that there is no blaming on a trader for any losing trade if he has followed his trading plan.
Title: Re: Did you blame yourself when you lose?
Post by: resistance on April 15, 2015, 06:34:10 PM
Quote from: hybrid link=msg=337598 date=1427734699


Loss have been part of this business and the right thing to do here is no other than to learn. No need blaming myself for my losses but I have to look forward and trade good.

Trader should learn from their trading mistakes and improve their trading which will help them to minimize the risk and maximize their profit


Yes, it is right. There is no one who can remove risk of loss and there is no one who ever trade without losses at all if he wants to be expert traders. Even, good trader must learn from his mistake to be better in the future so it's no need to blame ourselves or condition or anything when we lost but we must make evaluation about what can cause it and how to fix it. If we could find out the problem and fix it so profit can be maximized and loss can be minimized well.
Title: Re: Did you blame yourself when you lose?
Post by: indicator on April 16, 2015, 05:37:26 AM
I only blame myself when I deviate from my trading plan, otherwise its always market's falt  ;D
Title: Re: Did you blame yourself when you lose?
Post by: hybrid on April 17, 2015, 07:39:37 AM
Mostly traders blame market for their loss but I review my trading see how I decide in such market conditions. I think a trader is responsible hat he does for trading. I blame myself so that try good for next time.
Title: Re: Did you blame yourself when you lose?
Post by: fxstorm on April 17, 2015, 08:37:59 AM
I don't think that blaming yourself would help to overcome the losses. One just needs to keep calm and try to find the mistakes, correct them and start over new.
Title: Re: Did you blame yourself when you lose?
Post by: equityfx on April 24, 2015, 02:40:12 PM
Quote from: fxstorm link=msg=338113 date=1429256279

I don't think that blaming yourself would help to overcome the losses. One just needs to keep calm and try to find the mistakes, correct them and start over new.


Blame ourselves is indicates of frustration from facing the pressure of forex trading , its causes blaming is form of upset and dissappointed the result of trade then think we are foolish man and all thing that we do is useless . So its bad idea for do like that , cause its just make despair to move forwards
Title: Re: Did you blame yourself when you lose?
Post by: Earleone on April 29, 2015, 09:34:36 AM
If i discover a perfect setup, are so sure about the trade that I can be and it turns a loser. Then I have problem an are analyzing a lot after. Mostly trades like that becomes winners. But when this losers come they are difficult to deal with. Actually where I think I maybe has had my biggest  losses because in my brain I have been so sure about the trade but market is always correct so I cant argue with that :).  After some days or weeks  I am ready for next perfect setup :)

If I take a trade on a S/R level with small stop loss and I know it is 60/40 trade with better RR then 1:2 then no problem to deal with the loss.



Title: Re: Did you blame yourself when you lose?
Post by: indicator on May 12, 2015, 05:06:29 AM
Only blame yourself when you do something wrong instead of going through your trading plan. If you have done everything right and hit SL, then its a normal thing.
Title: Re: Did you blame yourself when you lose?
Post by: hybrid on May 17, 2015, 09:34:18 AM
In beginning I blame market for my loss . Gradually I came to know it all is up to me how I watch market and act over it for my trading . Now I do care myself before opening any position.
Title: Re: Did you blame yourself when you lose?
Post by: resistance on May 22, 2015, 09:48:30 AM
Quote from: hybrid link=msg=340074 date=1431851658

In beginning I blame market for my loss . Gradually I came to know it all is up to me how I watch market and act over it for my trading . Now I do care myself before opening any position.


Yes, same with me too. I blame market because of my loss too in the beginning but then I realized if the final decision is not depending on market's condition but my own decision. No matter what kind of decision which I made, the market will move on its own. So, I realized that it's no need to blame condition, other traders or even myself with the loss because profit or loss are common thing in trading and I should prepare good money management to face any possibility in the market.
Title: Re: Did you blame yourself when you lose?
Post by: Forexrider on June 02, 2015, 04:47:01 AM
Quote from: indicator link=msg=337841 date=1428987332

A trader should only blame himself when he deviates from any of his trading rules. Other than that there is no blaming on a trader for any losing trade if he has followed his trading plan.


But blaming is of no use for anyone, once the mistake is rectified by the trader it is always best that they stick to their trading plan such that they can be able to make some good gains and abstain from blame game.
Title: Re: Did you blame yourself when you lose?
Post by: atrader on June 04, 2015, 10:26:03 AM
I blame myself only after analysis i see that it was my mistake, but anyway i try to learn from that and let it go
Title: Re: Did you blame yourself when you lose?
Post by: indicator on June 06, 2015, 07:41:28 AM
Quote from: atrader link=msg=340816 date=1433409963

I blame myself only after analysis i see that it was my mistake, but anyway i try to learn from that and let it go


This has to be the way for a learning trader, in fact a trader learns every day. You cannot call yourself a fully experienced trader. Market is totally random, so you can expect any thing from it.
Title: Re: Did you blame yourself when you lose?
Post by: hybrid on June 09, 2015, 02:30:08 AM
Quote from: dez97 link=msg=313364 date=1403621259

sometimes I do, but I always take it as a way to improve and to figure out where I went wrong and what went wrong so it doesn't happen again.

Yes I also some times think I am not responsible for loss but  mostly I admit it is my own fault , I have to react market on right time for entry and exit. My loss is not due to market because it treats even for everyone.
Title: Re: Did you blame yourself when you lose?
Post by: Forex Grandeur on June 12, 2015, 03:58:42 PM
I always do. Because I know, I am reason why I am losing money in the Market. However, every time I lose, I try to learn something new from that trade and then I try to recover the amount improving my knowledge and skills.
Title: Re: Did you blame yourself when you lose?
Post by: Bigsteve on June 12, 2015, 09:43:05 PM
I always kick myself in the ass. One time I kicked myself in the ass so hard, I lost my shoe. Still haven't found it.
My suggestion is go to an office supply store and buy a copy book of some sort.
Write down the goals for the trade, prices and all the technical stuff. Invest in something that can snap an image of your screen as you enter a trade. Most of my losses were because of trader anxiety in exiting earlier and cutting PROFITS short. Most POTENTIAL losses were avoided because I followed my first impression this is a losing trade, to get out now. I tend to see TOPS better than BOTTOMS. (no funny jokes guys :) Of course I have plenty of our right losers too, but I followed the trade plan and if the trade went bust then at least I know the cause. Become more and more emotionless as you learn. The real forex world won't treat you like you're its little sweetheart. This is a tough business and we need to keep a hard attitude.
Title: Re: Did you blame yourself when you lose?
Post by: fxman on June 13, 2015, 01:36:59 AM
Loss can happen in trading so nothing to blame myself . Rather blaming it is better to work on loss management. How to reduce losses or prepare myself to absorb the loss, so that one loss does not generate more losses.
Title: Re: Did you blame yourself when you lose?
Post by: hybrid on June 16, 2015, 04:00:19 PM
loosing in trading is with every one . I do not blame my self so  much that I can not decide good for future plan . I just see my faults to remain careful . Loss management is very important that a trader needs to learn.
Title: Re: Did you blame yourself when you lose?
Post by: resistance on June 18, 2015, 04:53:51 AM
Quote from: atrader link=msg=340816 date=1433409963

I blame myself only after analysis i see that it was my mistake, but anyway i try to learn from that and let it go


No one who ever trade without any losses at all so mistake in trading is common thing and you don't need to blame yourself too much. In forex, learning by mistake is important thing because you will remember the lesson when you experienced it personally. So, it's important to create trading journal so you can learn from your mistake and trade better in the future. Blame yourself, blame condition of market, blame other traders or any other reason won't change anything so it's better to know about the mistake and try to fix it. And also, you should create proper trading plan so you can control the risk.
Title: Re: Did you blame yourself when you lose?
Post by: Forexrider on June 19, 2015, 04:14:04 AM
Just the blame game is of no use for any trader, but there are chances that it may push us towards depression and feeling useless. Instead we should focus on our strong skills and develop the same to an extent that it can be used for excelling in the forex trading business but taking up the profitable trades.
Title: Re: Did you blame yourself when you lose?
Post by: mosiskv on June 22, 2015, 10:53:42 AM
Quote from: Bigsteve link=msg=341112 date=1434141785

I always kick myself in the ass. 


Hi

This is good - I do the same!
Title: Re: Did you blame yourself when you lose?
Post by: indicator on July 08, 2015, 06:39:00 AM
Quote from: Forexrider link=msg=341348 date=1434683644

Just the blame game is of no use for any trader, but there are chances that it may push us towards depression and feeling useless. Instead we should focus on our strong skills and develop the same to an extent that it can be used for excelling in the forex trading business but taking up the profitable trades.


A trader has to learn from his mistakes, he should take the responsibility of lost trades. He should blame himself and try not to repeat those same mistakes next time in his trading.
Title: Re: Did you blame yourself when you lose?
Post by: Christopher on July 13, 2015, 01:24:01 PM
I usually don't blame myself, I better learn from my own mistakes. Whenever I lose a trade, I don't make random trades just after it. I better wait for a good opportunity to make sure my winnings.
Title: Re: Did you blame yourself when you lose?
Post by: indicator on July 15, 2015, 05:50:15 AM
I only blame myself when I trade against my trading plan. It happens often as I'm trying my best to minimize the mistakes that I'm doing in my trading.
Title: Re: Did you blame yourself when you lose?
Post by: vivid on July 15, 2015, 08:58:11 AM
Only those traders don't blame themselves that are amateurs. A professional trader don't have such habits that cause him for blaming any one for his losing trades. He is ready for every loss trade.
Title: Re: Did you blame yourself when you lose?
Post by: SurtiTrader on July 25, 2015, 05:11:28 PM
Yes I do blame myself for the not acting on time but on the contrary I also blame market conditions somewhat.
Title: Re: Did you blame yourself when you lose?
Post by: Gox77 on July 25, 2015, 05:46:25 PM
Most will blame everything else besides themselves. Only the brave will openly admit this.
Title: Re: Did you blame yourself when you lose?
Post by: vivid on July 26, 2015, 12:00:17 PM
A trader should only blame himself if he has no trade setup but he entered that trade for the sake of remaining in the market. This is addictive trading and this should be avoided at all costs.
Title: Re: Did you blame yourself when you lose?
Post by: resistance on July 26, 2015, 03:10:42 PM
Quote from: vivid link=msg=343988 date=1437908417

A trader should only blame himself if he has no trade setup but he entered that trade for the sake of remaining in the market. This is addictive trading and this should be avoided at all costs.


It is right that the one who should responsible to any result of trading is the trader himself so if there is someone to blame then it is trader himself. But it is not good for traders to blame for long time no matter it is his mistake. Traders need learn how to trade well in many different conditions of market and learning from their mistake too. So, don't blame anyone or anything if you lost in trading.
Title: Re: Did you blame yourself when you lose?
Post by: semaj on July 26, 2015, 07:06:59 PM


Totally agree, we must learn from the past, and don't make the same old mistake again.
Title: Re: Did you blame yourself when you lose?
Post by: resistance on August 03, 2015, 08:59:54 AM
Good traders must be responsible with their decision but they shouldn't blame theirself too much either because blame yourself or condition or anything won't change anything. You must make evaluation from your mistake so you can trade better in the future and you can be easier in make evaluation on your trading when there is trading journal so traders need to prepare trading journal too beside good trading plan.
Title: Re: Did you blame yourself when you lose?
Post by: Rocky Ward on August 03, 2015, 03:29:04 PM
I see, most of the greedy Forex traders are doing this. Because, they open their trade without doing good analysis based on only their luck. So, when they lose because of opening their position against market trend thatís way, they face so many stop losses in their trading. By the way, Iím a new Forex trader but still Iím making huge money from good analysis of Forex market. I get this reliable analysis through expert term of MXtrade broker. In addition, I know loss is a common pasrt of every business.
Title: Re: Did you blame yourself when you lose?
Post by: hybrid on August 04, 2015, 09:11:17 AM
After greed many brokers try to make them a careful trader , this time greed becomes dangerous for them . I do not blame always myself for loss . There are many reasons of loss may be  my personal mistakes are responsible or may be market uncertainty become a reason.
Title: Re: Did you blame yourself when you lose?
Post by: Kristofer on August 04, 2015, 11:05:44 PM
Of course, when failures happen, you start looking which  errors you made. But the main thing is not to overdo. Errors can be found, but do not blame yourself. Otherwise,  negative emotions can make you fall into some more mistakes
Title: Re: Did you blame yourself when you lose?
Post by: indicator on August 05, 2015, 05:51:51 AM
Quote from: hybrid link=msg=344466 date=1438675877

After greed many brokers try to make them a careful trader , this time greed becomes dangerous for them . I do not blame always myself for loss . There are many reasons of loss may be  my personal mistakes are responsible or may be market uncertainty become a reason.


The amount of dollars or the account percentage after having a loss is the only thing a trader can control So if you loss a certain greater amount than normal, then its only your fault.
Title: Re: Did you blame yourself when you lose?
Post by: Rocky Ward on August 05, 2015, 09:57:34 AM
Actually, no one has the capability to stop loss completely from this trading platform.  In my trading career, I at all times try to control loss by learning with support of Mxtrade. Due to many exclusive educational facilities I have decided to trade in this ECN trading platform.  By means of these didactic facilities, I am becoming a knowledgeable trader very rapidly and able to manage my risk. from where, I have gathered traders psychology and the behavior with essential terms and conditions. I also gathered  most accurate successful trading tips that I at all times use in my trading time for making profit with certainly.
Title: Re: Did you blame yourself when you lose?
Post by: SurtiTrader on August 05, 2015, 04:28:04 PM
I blame myself for my decision. If sometimes I lose money it is just because of my decision.
Title: Re: Did you blame yourself when you lose?
Post by: indicator on August 16, 2015, 04:57:33 AM
Quote from: SurtiTrader link=msg=344555 date=1438788484

I blame myself for my decision. If sometimes I lose money it is just because of my decision.


It is a good way though, it reliefs tension from a trader's mind when he accepts the mistake made by him.
Title: Re: Did you blame yourself when you lose?
Post by: Rocky Ward on August 18, 2015, 09:53:31 AM
In order to my trading experience, I have seen many times that nearly every one of the new Forex traders are willing to trade in a high leverage. And they trade in a high lot by taking big leverage. As a result they fall a great loss and sometimes lost almost their whole balance. In my trading life I always prefer to trade in a small leverage, although I got a high leverage from my trading platform MXTrade. This trading platform supplied me 1:400 leverage to trade. Actually it is possible to me to trade in a high lot due to having a high leverage but, for avoiding risk I never use it at all. Because, by using high leverage my balance can go down a huge loss.       
Title: Re: Did you blame yourself when you lose?
Post by: iMusingKiMi on August 18, 2015, 10:46:22 AM
Blaming myself is not enough. We need to learn those mistake and admit those mistake as well. Human born to be right and they never admit they are wrong.
Title: Re: Did you blame yourself when you lose?
Post by: Rahim Miya on August 18, 2015, 02:13:52 PM
Now I am not. Because, I know itís my liability. So, when I get my take profit then I become more confident but unfortunately if I face single stop lose then I take it very easily as a part of business. In addition, when I donít get good position to open my trade then I wait for good entry like a cool boy. Actually, my live trading life becomes wider and relaxes because of 200+ trading pairs of TradingBanks broker. Because of this facility I can trade in every Fore pair, Indices and CFDs with low trading spread.
Title: Re: Did you blame yourself when you lose?
Post by: resistance on August 24, 2015, 07:07:07 AM
Quote from: Proble link=msg=345225 date=1439961126

Well, I don't really think it's a good idea to blame yourself when you loose. Every experienced trader recommends to controll the emotions while trading and I remember once I read an article on the Fresh's web-site, where they recommend to stay cool no matter what because our emotions is a main reason of looses and if you will blame yourself it can make even worse.


Of course. Blaming yourself won't change anything which has happened so it's not good idea to blame yourself when you lost although no one who can deny that it will be disappointed you when you lost. It's better learning from your mistake which has happened and tried to fix it with making evaluation so you can be better trader in the future.
Title: Re: Did you blame yourself when you lose?
Post by: indicator on September 08, 2015, 05:10:58 AM
Quote from: Proble link=msg=345225 date=1439961126

Well, I don't really think it's a good idea to blame yourself when you loose. Every experienced trader recommends to controll the emotions while trading and I remember once I read an article on the Fresh's web-site, where they recommend to stay cool no matter what because our emotions is a main reason of looses and if you will blame yourself it can make even worse.


One should take the responsibility of losses to avoid emotional trading or revenge trading. If you blame your loss to any other factor then you will try to revenge trade which is not a good way of trading.
Title: Re: Did you blame yourself when you lose?
Post by: resistance on September 16, 2015, 05:16:47 AM
No one who likes to face loss in trading and no one who feels okay after lost. It's normal thing if you're disappointed with the result of trading when you suffered losses but don't blame yourself too much although loss can happen because of our mistake too (mostly conditions are trader's own mistake) and it is possible if the market was moving wild and unpredictable which caused loss.

Blaming ourselves won't change anything but learning from your mistake and trying to fix the mistake, this is the important thing. So, don't stop with blaming yourself and start to make evaluation to your mistake.
Title: Re: Did you blame yourself when you lose?
Post by: Rocky Ward on September 16, 2015, 06:42:17 AM
Actually no one has the capacity to stop loss in Forex fully. But taking some steps it can reduce sometimes. When I kicked off trading, I was not able to earn profit and did much loss. Then I started to learn Forex properly. Because I do believe without learning it is not possible to reduce loss at all. Now I am learning from my trading broker MXTrade where huge educational facilities are available. So I am becoming a knowledgeable trade day by day by using these facilities.
Title: Re: Did you blame yourself when you lose?
Post by: Armando on October 03, 2015, 10:34:41 AM
Of course I don't blame myself nor others because of my own lose. one thing I believe, blaming can't bring the money that i've lost. So, once i lose for silly mistakes I got for forex education resource (http://www.fxhq.com/education) in order to enhance my knowledge on that specific field and try to buildup mys strategy.. that's how I work
Title: Re: Did you blame yourself when you lose?
Post by: indicator on October 04, 2015, 05:10:52 AM
Blaming yourself is not a good way of acting in trading market. You need to take responsibility and should trade according to your plan because only then you will be able to make profit consistently.
Title: Re: Did you blame yourself when you lose?
Post by: fxGnome on October 04, 2015, 09:48:54 PM
We've all made losses, some bigger and some smaller than others. it's part of the trade, and like any trade it has it's ups and downs, ours just happens to be money but I'm not gonna start blaming myself for the losses that I've made. I do however go hard on myself admittedly and then I'll see where I went wrong and change accordingly. I can say I'm twice the trader because of it.
Title: Re: Did you blame yourself when you lose?
Post by: indicator on November 03, 2015, 08:27:21 AM
A trader shouldn't blame himself if he has followed all his trading plan and traded according to his money management. But if he has taken excessive risk and upon losing a high percentage of his account capital, then he should consider himself responsible for it.
Title: Re: Did you blame yourself when you lose?
Post by: bruce_knee on November 03, 2015, 10:38:09 AM
Traders should blame themselves when they expose their accounts to more than 5% risk - that is just wrong management and stupid
Title: Re: Did you blame yourself when you lose?
Post by: Forex Verified on November 03, 2015, 01:42:30 PM
Every traders has to understand the risks of trading. The blame can be on a broker or a software sometimes, but the usual blame should be at the trader itself, either due to poor money management or not enough knowledge on the matter.
Title: Re: Did you blame yourself when you lose?
Post by: AdamA on November 03, 2015, 02:18:18 PM
Quote from: bruce_knee link=msg=348933 date=1446547089

Traders should blame themselves when they expose their accounts to more than 5% risk - that is just wrong management and stupid

I agree. Everything depends on the conditions.
Sometimes market simply goes against you.
But if your loss it the result of your own stupid actions - who is guilty then? 8)
Title: Re: Did you blame yourself when you lose?
Post by: Rocky Ward on November 05, 2015, 09:04:29 AM
Last week, I did huge loss during news. Now, I am trying to recover my loss with support of live economic calendar which I am getting from my trading platform MXTrade. By means of this financial datebook,  I can acquire all important information on the financial health of various economics that is very supportive to make profit during with certainly.
Title: Re: Did you blame yourself when you lose?
Post by: Profitable Trading on November 14, 2015, 05:40:42 PM
There is nothing to blame if you follow your rules. You cannot win all the time.
Title: Re: Did you blame yourself when you lose?
Post by: equityfx on December 28, 2015, 11:48:56 AM
I do blame myself when I deviate from my trading plan, otherwise whether its profit or loss, no one is to be blamed on. As long as a trader trades according to his trading plan with good money management, nothing wrong happens in his career.
Title: Re: Did you blame yourself when you lose?
Post by: resistance on December 28, 2015, 01:11:44 PM
I think we don't need to blaming our selves after loss in trading, and also blaming the market, but we can take lesson from our loss in trading which sometime inevitable, accept loss as part in trading and don't blaming our selves.
Title: Re: Did you blame yourself when you lose?
Post by: diamond on December 29, 2015, 02:41:24 PM
Trader is liable of loss so it is necessary that trading should be done with proper money management skills and some good strategies to earn profit.
Title: Re: Did you blame yourself when you lose?
Post by: drunkfx on December 31, 2015, 03:26:48 PM
There is nobody else to blame in your losses so you have to be extremely careful when calculating and applying trading risks to your trading. Though it is only 1% R/R setup in my Hotforex trading platform, I run some exceptionally high risk accounts (all-or-nothing) where I test my trading strategies. And the only winner, loser and guilty is me there.
Title: Re: Did you blame yourself when you lose?
Post by: bruce_knee on January 08, 2016, 12:45:05 PM
Only when I broke my rules and trade with higher risk than usually, then it's really my fault but in general the market always hides surprises - that's the beauty of it
Title: Re: Did you blame yourself when you lose?
Post by: resistance on January 09, 2016, 12:59:43 PM
I think we don't need to blaming our own selves or the market, this is common thing in forex if any trader faced with loss in trading, because loss also part in forex trading activity and as trader must accept these loss, blamlng our own selves or the market oly will making us get blur to making review trading journey.
Title: Re: Did you blame yourself when you lose?
Post by: Huang jing on January 11, 2016, 07:09:36 AM
I donít blame myself, because the lost is the foundation for future success and reconsider trading history will help us to trade better next time.
Title: Re: Did you blame yourself when you lose?
Post by: Forex Verified on January 11, 2016, 03:51:18 PM
Quote from: drunkfx link=msg=350854 date=1451575608

There is nobody else to blame in your losses so you have to be extremely careful when calculating and applying trading risks to your trading. Though it is only 1% R/R setup in my Hotforex trading platform, I run some exceptionally high risk accounts (all-or-nothing) where I test my trading strategies. And the only winner, loser and guilty is me there.


Well said. It's interesting how some traders blame everyone else but themselves when they lose, yet they don't blame everyone else when they win. The traders is always to blame whether for good performance or bad.
Title: Re: Did you blame yourself when you lose?
Post by: hybrid on January 13, 2016, 07:30:36 AM
Yes it happened people think they are right on their side market is not working well with them. They make lame excuses for their loss not blame themselves. To become a good trader it is necessary to see where they did mistake.
Title: Re: Did you blame yourself when you lose?
Post by: Rocky Ward on January 13, 2016, 08:41:35 AM
Always try to recover my loss by using my trading experience.  Last week, duet o lacking of accurate fundamental knowledge, I did huge loss during news. Now, I am using live economic calendar from my trading platform MXTrade that always makes sure all important information on the financial health of various economics.  so,  now I am able to recover my loss during news by making profit with certainly.
Title: Re: Did you blame yourself when you lose?
Post by: indicator on May 17, 2016, 02:34:01 PM
Yes if I enter any trade without any setup, just for the sake of remaining in the market I do blame myself.
Title: Re: Did you blame yourself when you lose?
Post by: brave on May 28, 2016, 06:31:58 PM
I always trade with proper planning and strategy and forex is very difficult and unpredictable business, I always blame the market uncertainty, I donít blame myself as I always trade with best strategy, market uncertainty cause the reason of loss.
Title: Re: Did you blame yourself when you lose?
Post by: growing_mark on May 29, 2016, 03:57:24 PM
Quote from: brave link=msg=355116 date=1464456718

I always trade with proper planning and strategy and forex is very difficult and unpredictable business, I always blame the market uncertainty, I donít blame myself as I always trade with best strategy, market uncertainty cause the reason of loss.

me too :v I blame the market for big losing orders. follow my own discipline and strategies help me earn money in plan, but losing sometimes out of my reach.
Title: Re: Did you blame yourself when you lose?
Post by: Confrontation Girl on May 30, 2016, 12:14:23 PM
Yes, i do. The idea of blaming yourself is to accept that you made some mistakes and could have done better, its not there to discourage you, its to pull your head out of your butt so you can look around and actually accept your mistakes and improve them later.
Title: Re: Did you blame yourself when you lose?
Post by: Forex Verified on May 30, 2016, 02:05:05 PM
Quote from: Confrontation Girl link=msg=355139 date=1464606863

Yes, i do. The idea of blaming yourself is to accept that you made some mistakes and could have done better, its not there to discourage you, its to pull your head out of your butt so you can look around and actually accept your mistakes and improve them later.

Most traders blame the broker/markets/central banks/the internet lag/the weather/the karma...
Title: Re: Did you blame yourself when you lose?
Post by: donothing_jame on May 30, 2016, 02:26:26 PM
losing and earning money is the normal thing in forex. you lose and other people win. if you want to stick with forex for a long time. You should get on with this.
Title: Re: Did you blame yourself when you lose?
Post by: Confrontation Girl on June 09, 2016, 09:23:24 AM
Of course i will blame my self after lose the trading due to blame myself not enough hard working and i need more more hard working to win it again!. So truth is, Everyone does it.
Title: Re: Did you blame yourself when you lose?
Post by: BMaia69 on June 09, 2016, 11:22:28 AM
It depends. We need to study everything before go on a trade but sometimes something unpredictable happen and it's a blow and bad luck. But something i know be happy consumes a lot of hard work. We need to be disciplined and work really hard to have profit. When we loose we need to learn from that loose ! IT's important to loose to
Title: Re: Did you blame yourself when you lose?
Post by: resistance on June 09, 2016, 02:49:59 PM
I think it's not wise to blaming own selves if suffering with loss, built up good midnset about forex, loss as part in trading and we learn how to analyze trend market properly, learn how smart money working in the market
Title: Re: Did you blame yourself when you lose?
Post by: resistance on June 09, 2016, 03:04:18 PM
I think it's not wise to blaming own selves if suffering with loss, built up good midnset about forex, loss as part in trading and we learn how to analyze trend market properly, learn how smart money working in the market
Title: Re: Did you blame yourself when you lose?
Post by: drunkfx on June 09, 2016, 05:13:39 PM
You don't have to find guilty for your losses in trading because they are essential part of trading process, the only important thing is you need to get them under control, using Stop Loss and never trade against main trend. This will save you a lot of money. This simple strategy of money management I use with Hotforex allowed me to make sustainable gains.
Title: Re: Did you blame yourself when you lose?
Post by: resistance on June 10, 2016, 03:30:58 PM
I am only thinking if get loss in trades it only part in forex trading, as long as still use risk management still more comfortable trading with stop loss than withiut stop loss in adition if leaving order with stop loss hence will more enjoy
Title: Re: Did you blame yourself when you lose?
Post by: equityfx on June 11, 2016, 07:03:42 PM
I do not mind low losses because it is a normal part of trading .However for high loss I have to evaluate where are my mistakes and weakness. I want to improve trading for this purpose good way is to avoid the mistakes you do in past trading.
Title: Re: Did you blame yourself when you lose?
Post by: resistance on June 12, 2016, 12:53:46 PM
I think is good if we always making evaluate our trades if we making mistake than blaming own selves because with learning from our mistake then we will get imporvement skill trading
Title: Re: Did you blame yourself when you lose?
Post by: dynamicdude on June 15, 2016, 06:04:55 AM
Yeah..! I blame myself, as it was my decision that incurred losses, thus it is me to blame.
Title: Re: Did you blame yourself when you lose?
Post by: Confrontation Girl on June 16, 2016, 10:02:31 AM
The idea of blaming yourself is to accept that you made some mistakes and could have done better, its not there to discourage you, its to pull your head out of your butt so you can look around and actually accept your mistakes and improve them later.
Title: Re: Did you blame yourself when you lose?
Post by: donothing_jame on June 16, 2016, 11:10:35 AM
blame yourself or not, you've lost your money anyway.
there's are many better way to take my money back
i would rather choose improve my self more and more than I did before
Title: Re: Did you blame yourself when you lose?
Post by: resistance on June 16, 2016, 02:19:29 PM
Always we need to improved our skill better than before, loss in trading is general thing which sometime inevitable, but start from loss we will learn why and might getting new valuable lesson in our trades
Title: Re: Did you blame yourself when you lose?
Post by: pinoytrader on June 17, 2016, 08:58:53 AM
i guess i used to, at times i still do, but learned through the process to simply let it go and start over. thats it, dont let is stress and there is no use crying over spilled milk right? or so they say.
Title: Re: Did you blame yourself when you lose?
Post by: brave on July 26, 2016, 04:01:29 PM


Not always but maximum I blame myself when I get the loss, after getting loss I search the reason of loss and did try to learn from my mistake, learning from my mistake I am getting confidence in my trading.
Title: Re: Did you blame yourself when you lose?
Post by: Forex Verified on July 26, 2016, 05:51:13 PM
Quote from: brave link=msg=356703 date=1469545289



Not always but maximum I blame myself when I get the loss, after getting loss I search the reason of loss and did try to learn from my mistake, learning from my mistake I am getting confidence in my trading.


That's the best way to improve your skills, but mistakes will always happen no matter how good we become.
Title: Re: Did you blame yourself when you lose?
Post by: Confrontation Girl on July 27, 2016, 07:21:54 AM
Many traders blame their selves when they lose trading Forex, which is not right for any trade, when we lose trading we don`t need to blame anybody even our selves, instead we should take time to learn Forex very well.
Title: Re: Did you blame yourself when you lose?
Post by: resistance on July 27, 2016, 02:43:02 PM
Yes it's not wise to blaming own selves or another or the market, better we take lesson from these loss, and making evaluation trades, as human not always perfect and the market always true, although we thinking pair move to uptrend but if in fact occur down trend it reality we make mistake in analysis, but we don't need to blaming own selves
Title: Re: Did you blame yourself when you lose?
Post by: parkerbonline on July 27, 2016, 03:03:12 PM
I drove myself crazy at times. Learned to get over it and it's so much easier to stay focused and not make rash decisions now.
Title: Re: Did you blame yourself when you lose?
Post by: dreamfx on September 09, 2016, 03:49:10 PM

It is right that we should accept our mistakes, we should learn from our mistakes as forex gives good reward only for those who learn from the loss, I always blame myself whenever I get loss and I ever learn from my mistakes.
Title: Re: Did you blame yourself when you lose?
Post by: Neurotic on September 10, 2016, 06:12:39 AM
Quote from: dreamfx link=msg=357605 date=1473432550


It is right that we should accept our mistakes, we should learn from our mistakes as forex gives good reward only for those who learn from the loss, I always blame myself whenever I get loss and I ever learn from my mistakes.


Yeah...! Only the successful traders have guts to accept their mistakes and to take the blame on themselves. They also learn through it and never repeat it again.
Title: Re: Did you blame yourself when you lose?
Post by: resistance on September 10, 2016, 02:39:48 PM
Quote from: Neurotic link=msg=357613 date=1473484359


Yeah...! Only the successful traders have guts to accept their mistakes and to take the blame on themselves. They also learn through it and never repeat it again.

I think mistake is common thing in forex business and we can learn from these mistake to making better result, but we also need recognized these mistake so we can easily to overcome avoid same mistake repeated again
Title: Re: Did you blame yourself when you lose?
Post by: Confrontation Girl on September 15, 2016, 11:17:10 AM
I think every one does this, because it is human nature. If we did something wrong, we start blaming either self or others. But instead of it we should start learn from the mistake so that we can not repeat it again in future.
Title: Re: Did you blame yourself when you lose?
Post by: resistance on September 15, 2016, 02:14:42 PM
I think blaming own selves also blaming others will not will become good answer for learning purposes, mistake is general thing and from mistake actually we can learn from these mistake and get valuable lesson
Title: Re: Did you blame yourself when you lose?
Post by: indicator on September 21, 2016, 05:17:07 AM
Quote from: resistance link=msg=357689 date=1473945282

I think blaming own selves also blaming others will not will become good answer for learning purposes, mistake is general thing and from mistake actually we can learn from these mistake and get valuable lesson


You are right, when you do a mistake, admit it and move on. But if you keep yourself blaming too much about that then you morale for trading will decrease dramatically.
Title: Re: Did you blame yourself when you lose?
Post by: Neurotic on September 21, 2016, 06:32:02 AM
Quote from: indicator link=msg=357794 date=1474431427

Quote from: resistance link=msg=357689 date=1473945282

I think blaming own selves also blaming others will not will become good answer for learning purposes, mistake is general thing and from mistake actually we can learn from these mistake and get valuable lesson


You are right, when you do a mistake, admit it and move on. But if you keep yourself blaming too much about that then you morale for trading will decrease dramatically.


Yeah...! The only person to blame for your lose is you. It was your decision that has lead you you to the loss which you have incurred.
Title: Re: Did you blame yourself when you lose?
Post by: iMusingKiMi on September 21, 2016, 07:01:29 AM
Desire - Awareness - Exploration - Imitation - Enlightenment - Mastery

That's the step usually each trader went through.Those who doesn't admit their own mistakes usually will walk till cycle four back to cycle two repeatedly.
Title: Re: Did you blame yourself when you lose?
Post by: pipdf on September 30, 2016, 10:16:46 AM
Sometimes I think brokers could make you loose money, I once read on the FPA site a client of OCTAFX was complaing saying """Thi scompany is fraud it zeroed my account eithin 1 hour withhout any movement inmarket and educted my Call margin at 50% which is 20% as per their Contract rule when I contacted them they are only Showing bonus issue not accepting their mistake""
Title: Re: Did you blame yourself when you lose?
Post by: Neurotic on September 30, 2016, 11:07:09 AM
I only blame myself even when I trade with Brokers, as that is my decision to choose them, and that is the only reason that I fail.
Title: Re: Did you blame yourself when you lose?
Post by: hybrid on October 02, 2016, 02:34:05 AM
 I also blame my self when suffer high loss because our planning and analysis is fail at that time we had no ability to read market correctly . Low losses are routine work . I blame my self having weaknesses in trading and try to improve my skill next time .
Title: Re: Did you blame yourself when you lose?
Post by: AndreiA on October 25, 2016, 07:11:57 PM
I think 50/50 not everything depends on us. As lucky.
Title: Re: Did you blame yourself when you lose?
Post by: Paul.Trafford on October 31, 2016, 08:13:31 AM
Everytime I lose I only blame myself and no one else, because it is me who decided to make a certain trade. If there are traders out there, who are making more winning trades than losing, then it Is possible for every other people to also make this happen. We cannot just blame it on bad luck.
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on October 31, 2016, 10:24:52 AM
Well, for the most part there is no one else to blame. I made a decision and it was the wrong one.That's about it.
Title: Re: Did you blame yourself when you lose?
Post by: hybrid on November 09, 2016, 07:36:14 PM
I happened we think it was not a right time when we trade in market and what side we trade. It shows we think there can be something more good if we had more knowledge. I blame myself when I am really wrong , I have to face loss because of my less experience and skill in trading.
Title: Re: Did you blame yourself when you lose?
Post by: Confrontation Girl on November 17, 2016, 06:42:06 AM
Blaming self or others for mistakes made by wrong decision is not going to work. If fails ones then move on, it was just mistake and every does that in trading life. Many experienced traders accept that they have faced this issue many time in their trading work so learn from it and move on. 
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on November 17, 2016, 10:41:45 AM
I think that maybe we have a different definition of blame in this context - when I refer to blaming myself for my own mistakes I mean that I accept my responsibility for making that mistake. That is not a bad thing, I think. One, however, shouldn't dwell on that feeling, but rather look for ways not to make that mistake again.
Title: Re: Did you blame yourself when you lose?
Post by: Neurotic on November 19, 2016, 04:36:32 AM
Whether we trade ourselves, use some bots or invest our money with brokers, whatever we do in Forex Trading, it is us to blame for each and every loss that incurs in our way.
Title: Re: Did you blame yourself when you lose?
Post by: indicator on December 31, 2016, 05:24:07 AM
Mostly newbie traders blame the market upon losing and then they start making revenge trading, which increase their losses. But as their experience grew they realize that trading is actually there own game.
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on December 31, 2016, 10:14:23 AM
Usually there's no one else to blame, unless it's a situation like the GBP flash crash some time ago.
Title: Re: Did you blame yourself when you lose?
Post by: Neurotic on December 31, 2016, 03:00:37 PM
Usually there's no one else to blame, unless it's a situation like the GBP flash crash some time ago.

Actually on the contrary, I believe no matter what you do and whom you trust and whether you gain or lose, the blame is all upon you. You need to understand, it will be you and only you to take a blame.
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on January 02, 2017, 10:50:19 AM
I don't think that a currency pair randomly moving with 1000+ pips so fast that it doesn't even close with my stop loss on time would be my fault.
Title: Re: Did you blame yourself when you lose?
Post by: dreamfx on January 04, 2017, 05:52:17 PM
Loss is inevitable in forex and no one can prevent the loss completely but can minimize the chance of loss, I accept my mistake if I get the loss as mostly I get the loss due to my greed but no doubt market also very complicated and unpredictable but most of my loss comes due to my own mistake.
Title: Re: Did you blame yourself when you lose?
Post by: indicator on January 23, 2017, 07:59:50 AM
I don't think that a currency pair randomly moving with 1000+ pips so fast that it doesn't even close with my stop loss on time would be my fault.

Could be yours if you don't use stop loss. Many traders don't use stop loss and lose a lot of amount from their account. The trader has to know that its only his caution that can stop unnecessary loss from his account.
Title: Re: Did you blame yourself when you lose?
Post by: JJJTrader on January 23, 2017, 06:17:21 PM
I blame the coin I tossed to decide whether to go long or short!! Seriously, I don't blame anyone. A loss is just something to learn from
Title: Re: Did you blame yourself when you lose?
Post by: dreamfx on March 20, 2017, 05:07:35 PM

As I am not a perfect trader, I ever accept my mistakes whenever I get the loss, I always make the decision according to my full understanding but some time I get the loss and learn from my mistakes, I never blame anyone after getting loss.
Title: Re: Did you blame yourself when you lose?
Post by: Paul.Trafford on March 21, 2017, 09:39:42 AM
I blame the coin I tossed to decide whether to go long or short!! Seriously, I don't blame anyone. A loss is just something to learn from

But if you donít blame anyone, how are you going to learn from the mistakes that are made in order to improve yourself ?
Title: Re: Did you blame yourself when you lose?
Post by: Winjak on March 21, 2017, 02:39:47 PM
But if you donít blame anyone, how are you going to learn from the mistakes that are made in order to improve yourself ?
I am sorry to interrupt the discussion, but... blaming yourself and learning from the mistakes are different things. Aren't they?
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on March 22, 2017, 09:59:54 AM
But if you donít blame anyone, how are you going to learn from the mistakes that are made in order to improve yourself ?
I am sorry to interrupt the discussion, but... blaming yourself and learning from the mistakes are different things. Aren't they?

Sometimes they overlap, I think. Not necessarily completely, but they do. Look at it this way - if you blame someone else for your mistakes, you won't analize your own decisions that led to those mistakes.
Title: Re: Did you blame yourself when you lose?
Post by: Grant Elliott on March 23, 2017, 10:41:09 AM
Last week I did huge loss by taking high leverage due to non-sense planning. Now I am trying to overcome my losses with support of proper risk management policy , actually devoid of accurate trading plan as well as risk management approach that is not possible at all to make profit with certainly by using high leverage at all. 
Title: Re: Did you blame yourself when you lose?
Post by: Paul.Trafford on March 24, 2017, 08:52:36 AM
But if you donít blame anyone, how are you going to learn from the mistakes that are made in order to improve yourself ?
I am sorry to interrupt the discussion, but... blaming yourself and learning from the mistakes are different things. Aren't they?

Sometimes they overlap, I think. Not necessarily completely, but they do. Look at it this way - if you blame someone else for your mistakes, you won't analize your own decisions that led to those mistakes.

My point exactly! Thank you Eliza.
Title: Re: Did you blame yourself when you lose?
Post by: Siti Nurhaliza on July 17, 2017, 12:33:26 PM
Frankly, in my initial stage of trading I believed in luck! Then followed this wrong way! But now I know, itís all about trading skill and experience! So, I try to learn from my live mistakes instead of blaming.
Title: Re: Did you blame yourself when you lose?
Post by: cokodot on July 25, 2017, 11:58:56 AM
If we can master the money management well, surely we will be able to trade with the maximum. We can manage our funds well so not quickly loss. Ane learned this in FXB and it turns out good results.
Title: Re: Did you blame yourself when you lose?
Post by: equityfx on July 26, 2017, 04:09:21 PM

No I am not blaming own selves when facing with lose, I think this is not good attitude when lose then blaming own selves, will better we take lesson from these condition because actually trend market
movement is very dynamic and not always will move like as our favor.
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on July 27, 2017, 10:23:26 AM
Sometimes people blame anyone other than themselves.

Recently a group of Chinese traders and  occupied the offices of the Australian broker USGFX and took a number of their employees hostage because they allegedly lost $2.6 million in forex trading and now the angry traders are taking it out on the employees.  (https://www.forexbrokerz.com/news/Upset-Chinese-investors-hold-hostage-USGFX-staff-in-Shanghai)

I have no idea whose fault it actually was that those money were lost – whether the traders were bad at trading or the company was shady – but I don’t recommend reacting in this manner to loss.
Title: Re: Did you blame yourself when you lose?
Post by: cokodot on July 27, 2017, 11:11:43 AM
Successive losses can be caused because we lack good trading psychology. By having a good trading psychology then we will be able to trade with the maximum
Title: Re: Did you blame yourself when you lose?
Post by: FxMaster on August 10, 2017, 04:55:31 PM
If we don't blame ourselves we are never going to learn from the mistakes we did so as to loose the trade. Yes it is obvious that many traders blame because they know pretty well whose mistake it was in the first place to loose in forex.
Title: Re: Did you blame yourself when you lose?
Post by: Neurotic on August 10, 2017, 07:18:50 PM
Its, because that you have come in here too quickly, without having proper knowledge, thus it would be better if you learn more about Forex Trading.
Title: Re: Did you blame yourself when you lose?
Post by: Irina Malcova on August 11, 2017, 05:51:03 AM
The majority of traders are having a lot of loss, due to a lack of knowledge about forex trading, without willing to painstakingly learn and practice in a demo account. His wish just wants to rapid benefit, the risk behind it was less noted with powerful and ultimately too many experienced loss but knowledge does not grow strong due to the sparse evaluation
 
Title: Re: Did you blame yourself when you lose?
Post by: resistance on August 11, 2017, 09:00:42 AM
Loss we know if this is also as part on trading, and I think will better we don't blaming our own selves or blaming the market or blaming others, assume loss as valuable lesson that giving us new experience and we can take lesson from these loss, making evaluation is better than blaming our own selves
Title: Re: Did you blame yourself when you lose?
Post by: Luisa Arraes on August 11, 2017, 11:45:36 AM
Maybe low skilled Forex traders do so; but itís not any solution! By the way, when I was a new trader, then I was so much emotional, then I lost my momentum so easily! But now, I take my live trading mistakes positively and I always try to learn from my live trading mistakes!
Title: Re: Did you blame yourself when you lose?
Post by: forextraderr on August 16, 2017, 10:22:51 AM
Who else is there to blame? Unless of course if you have a shady broker... But losing is a part of the experience. Learn from it and trade again.
Title: Re: Did you blame yourself when you lose?
Post by: Irina Malcova on August 19, 2017, 04:30:42 PM
need not be cussing myself if it gets the loss, it was a part of the business, there is a risk and there is also an important advantage, follow all the rules in forex trading to its fullest accompanied knowledge is always evaluated so that continue to get progress in currency trading
 
Title: Re: Did you blame yourself when you lose?
Post by: Fairytail on August 29, 2017, 03:01:36 PM
It's not that I blame myself, I just understand that the result of my deposit drain became the wrong decisions and I take full responsibility for them.
Title: Re: Did you blame yourself when you lose?
Post by: resistance on August 30, 2017, 11:50:33 AM
Yes each trader having own responsibility with their loss on trades, no any one trader that always been perfect trader that always able analyze the trend market precisely, sometime facing loss and we don't need to blaming own selves, but we can learn from our previous mistake
Title: Re: Did you blame yourself when you lose?
Post by: Foxy_Trader on August 30, 2017, 01:57:19 PM
I would blame if I lose. But I'm fine now :-)
Title: Re: Did you blame yourself when you lose?
Post by: Neurotic on August 31, 2017, 05:47:17 AM
I would blame if I lose. But I'm fine now :-)

Yeah, I definitely blame myself if I lose, whether if I am trading manually or dealing with any broker, it is just my fault and all the decisions that are taken by me had led me to loss.
Title: Re: Did you blame yourself when you lose?
Post by: resistance on September 06, 2017, 06:44:02 AM
Why blaming own selves, forex trading is risky and remain risky, not always as trader making accurate analysis, this trading required strong psychology and also good money management which on trading need risk management plan, we don't need to blaming our own selves and also the market
Title: Re: Did you blame yourself when you lose?
Post by: litecoin on September 06, 2017, 04:34:56 PM
I am the only one that should be blamed for my losses. I will take responsibility of my decisions in trading market. It is as simple as water.
Title: Re: Did you blame yourself when you lose?
Post by: Neurotic on September 07, 2017, 04:12:39 AM
Of course, you need to understand that if you wanna become successful in the Forex Trading, you need to learn from the mistakes, and for that you need to blame for each and every loss you incur.
Title: Re: Did you blame yourself when you lose?
Post by: Paul.Trafford on September 08, 2017, 07:09:32 AM
Most likely, lots of people will say that they are, but in reality I often hear people saying things lick, I was not LUCKY enough, or price didn't move my direction, broker is playing tricks on me and etc. but in the end of the day - Who didn't make research ? Who chose the broker ? .. You get my point. Cheers
Title: Re: Did you blame yourself when you lose?
Post by: Neurotic on September 09, 2017, 06:00:45 AM
The people who do that, doesn't know the fact that the Forex Trading is not a Gamble and thus it doesn't depends on the Luck, you need to have lots and lots of knowledge and experience and skills to survive in it.
Title: Re: Did you blame yourself when you lose?
Post by: diamond on September 10, 2017, 03:07:04 PM

One thing is to understand the forex nature. In loss one should not blame himself however he can review his strategy planning and trading decisions. It happens with all when they loose they are totally discouraged. In forex you can gain  success any other time when market is to your favor.
Title: Re: Did you blame yourself when you lose?
Post by: FxMaster on September 11, 2017, 02:41:44 PM
Of course. Because I am the sole responsible for the loss and I can't blame anyone else. Without proper money management if we enter in trading is the biggest risk involved. I hope everyone control their greed and trade.
Title: Re: Did you blame yourself when you lose?
Post by: indicator on October 09, 2017, 08:49:45 AM
More than blaming I accept my mistakes. blaming cannot improve our trading.We find flaws in trading then try to overcome these weaknesses. I not say market is responsible for loss. It is all risk reward business. When we manage this risk according to situation we are safe other wise we have to suffer loss.
Title: Re: Did you blame yourself when you lose?
Post by: resistance on October 11, 2017, 10:55:29 AM
Yes blaming our own selves can't improved trading skill, and we also realized if actually loss in forex trading is part from this business, we can't blaming own selves or the market but we should take lesson from these loss might we making mistake and we can improved with not repeated same  mistake again
Title: Re: Did you blame yourself when you lose?
Post by: Stephan09 on October 11, 2017, 11:15:35 AM
More than blaming I accept my mistakes. blaming cannot improve our trading.We find flaws in trading then try to overcome these weaknesses. I not say market is responsible for loss. It is all risk reward business. When we manage this risk according to situation we are safe other wise we have to suffer loss.
That is so right! The acceptance matters.
Title: Re: Did you blame yourself when you lose?
Post by: FxMaster on October 11, 2017, 04:54:47 PM

The reason to blame is quit imaginable if you loose in forex. So I can say that people even myself blame ourselves for such turns we take. It is not to degrease ourself but to make ourself know what we did at that time instead of protecting the things we could.
Title: Re: Did you blame yourself when you lose?
Post by: Neurotic on October 12, 2017, 07:01:09 AM
Yeah, I would blame myself if any thing happen in Forex, even If I lose through brokers, it was my decision to select them and hence myself to blame.
Title: Re: Did you blame yourself when you lose?
Post by: Paul.Trafford on October 12, 2017, 12:13:06 PM
Well sometimes there is unexpected movement by sudden news release, and in those cases you can't really do much
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on October 16, 2017, 03:17:15 PM
Well sometimes there is unexpected movement by sudden news release, and in those cases you can't really do much

I agree. The Swiss bank suddenly unpegging the Franc back in 2015 is the example that immediately comes to mind. A lot of people lost their accounts in the ensuing drama.
Title: Re: Did you blame yourself when you lose?
Post by: Paul.Trafford on October 17, 2017, 02:24:05 PM
Well sometimes there is unexpected movement by sudden news release, and in those cases you can't really do much

I agree. The Swiss bank suddenly unpegging the Franc back in 2015 is the example that immediately comes to mind. A lot of people lost their accounts in the ensuing drama.

Correct as usual. Yes this is the case I was referring to. In this case you can only hope that your broker have a good Stop out system in place to secure your loses. If not ... oh well.
Title: Re: Did you blame yourself when you lose?
Post by: resistance on October 20, 2017, 02:19:11 PM


I agree. The Swiss bank suddenly unpegging the Franc back in 2015 is the example that immediately comes to mind. A lot of people lost their accounts in the ensuing drama.
I am remember when swiss bank making intervention currency and moving frank move more than one thousand pips only a hour, I am also hear many big trader losing money on these momentum, but I am get big profit because in lucky day
Title: Re: Did you blame yourself when you lose?
Post by: Neurotic on October 21, 2017, 06:47:14 PM
Yeah, whether we make money or we lose it in the Forex it is just us and us to blame, and no one else. You need to understand that if you wanna become successful in the Forex Trading, you need to have this kind of mindset.
Title: Re: Did you blame yourself when you lose?
Post by: equityfx on October 30, 2017, 10:05:04 AM

In trading loss is general thing and not always as trader they can making good profit in trading without loss, when trader facing successive loss, blaming our own selves is not good idea because it will making us in desperation to learn
Title: Re: Did you blame yourself when you lose?
Post by: litecoin on October 31, 2017, 06:09:41 AM

Trading should be done with plans and strategies to gain more control over the market. Planning is necessary so that we will get positive results from it and cannot blame our self once trading is done with planing.
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on December 21, 2017, 11:11:04 PM

Trading should be done with plans and strategies to gain more control over the market. Planning is necessary so that we will get positive results from it and cannot blame our self once trading is done with planing.

One can always blame oneself for a badly done plan though. It happens.
Title: Re: Did you blame yourself when you lose?
Post by: Iverson on January 10, 2018, 12:52:21 AM
Losing is an experience that teaches us to improve, we train and we realize that losing is also gained. ;D
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on January 15, 2018, 03:32:28 PM
Losing is an experience that teaches us to improve, we train and we realize that losing is also gained. ;D

True. If one takes it as a teachable moment, rather than a moment they'd rather forget.
Title: Re: Did you blame yourself when you lose?
Post by: Juno on March 10, 2018, 11:03:18 PM
Blaming is a sign of negative approach to the whole issue. You normally lose because you misread the market. So, that can happen with anyone. What one must do is understand the reasoning why what happened, happened. However, yes, if it is a result of an undisciplined, casual approach, one must take the blame.
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on March 23, 2018, 02:58:39 PM
Blaming is a sign of negative approach to the whole issue. You normally lose because you misread the market. So, that can happen with anyone. What one must do is understand the reasoning why what happened, happened. However, yes, if it is a result of an undisciplined, casual approach, one must take the blame.

"Blame" is perhaps the wrong word for it, but a trader should definitely be self-aware when they do something that leads to a loss.
Title: Re: Did you blame yourself when you lose?
Post by: slimboydim on March 23, 2018, 08:20:43 PM
Losing is all part of the "game" and getting used to it can be
difficult. I come from a Matched Betting background where
most gains are risk free. So to begin with losing at all was tough.
If you've done your homework you know your win percentage and let
your edge take care of the losses.
Some pro traders have low win rate but are very profitable,
not sure Id be able to cope mentally with low percentage of wins...



Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on March 24, 2018, 02:31:33 PM
How can you have a low win rate and be profitable?
Title: Re: Did you blame yourself when you lose?
Post by: CanadianPsycho on March 24, 2018, 05:12:39 PM
How can you have a low win rate and be profitable?

If your risk to reward ratio is especially low, you can pull that off. So like if your R:R was something like 1:2, you could break even with 1/3rd (33.3333%) win rate. I've been playing around with this myself and some strategies (especially some swing strategies) can work well with this but it requires a much different kind of patience and psychological discipline than is required of something like an Aisan scalper bot.
Title: Re: Did you blame yourself when you lose?
Post by: slimboydim on March 25, 2018, 11:16:03 AM
Was listening to something recently about 30% win rate and
still very profitable from a Pro Trader.

Would drive me insane!
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on March 26, 2018, 02:45:20 PM
How can you have a low win rate and be profitable?

If your risk to reward ratio is especially low, you can pull that off. So like if your R:R was something like 1:2, you could break even with 1/3rd (33.3333%) win rate. I've been playing around with this myself and some strategies (especially some swing strategies) can work well with this but it requires a much different kind of patience and psychological discipline than is required of something like an Aisan scalper bot.

I see, I see. Thank you for explaining.
I confess I always try to strive for a high win rating, usually with varied success.
Title: Re: Did you blame yourself when you lose?
Post by: CanadianPsycho on March 26, 2018, 05:20:17 PM
How can you have a low win rate and be profitable?

If your risk to reward ratio is especially low, you can pull that off. So like if your R:R was something like 1:2, you could break even with 1/3rd (33.3333%) win rate. I've been playing around with this myself and some strategies (especially some swing strategies) can work well with this but it requires a much different kind of patience and psychological discipline than is required of something like an Aisan scalper bot.

I see, I see. Thank you for explaining.
I confess I always try to strive for a high win rating, usually with varied success.

Despite my playing with the obverse, I personally would say that a high win rate (at least 55% plus) is a preferable way to go because that kind of strategy is easier to deal with psychologically. With a low win rate, every time a trade is opened you're inevitably left wondering how this is going to impact your trading capital going forward and you might wring your hands over making a choice that you know is statistically expected to result in you losing capital. You know that a higher reward accompanies the rare win, but you might well not be able to help but focus on the more common losses because no matter how strong the theory behind the gain, the losses you experience more commonly are very real.

For someone like me, it's easy to toss some capital into an account and leave it run for a few years and that's that but for most, I don't think that's realistic and one's personal expectations/psychology needs to be carefully considered in the use of any strategy.
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on March 27, 2018, 06:13:24 PM
How can you have a low win rate and be profitable?

If your risk to reward ratio is especially low, you can pull that off. So like if your R:R was something like 1:2, you could break even with 1/3rd (33.3333%) win rate. I've been playing around with this myself and some strategies (especially some swing strategies) can work well with this but it requires a much different kind of patience and psychological discipline than is required of something like an Aisan scalper bot.

I see, I see. Thank you for explaining.
I confess I always try to strive for a high win rating, usually with varied success.

Despite my playing with the obverse, I personally would say that a high win rate (at least 55% plus) is a preferable way to go because that kind of strategy is easier to deal with psychologically. With a low win rate, every time a trade is opened you're inevitably left wondering how this is going to impact your trading capital going forward and you might wring your hands over making a choice that you know is statistically expected to result in you losing capital. You know that a higher reward accompanies the rare win, but you might well not be able to help but focus on the more common losses because no matter how strong the theory behind the gain, the losses you experience more commonly are very real.

For someone like me, it's easy to toss some capital into an account and leave it run for a few years and that's that but for most, I don't think that's realistic and one's personal expectations/psychology needs to be carefully considered in the use of any strategy.

That is a great point and that's exactly what my issue is. I generally have a pretty anxious personality, with a low win rate strategy I'd probably crawl right out of my skin, figuratively speaking.
Title: Re: Did you blame yourself when you lose?
Post by: Ed Joshue on April 01, 2018, 09:12:07 PM
Did you blame yourself when you lose?

Well, only you have to blame when you loose is you. But it's not a reason for crying or nervous. Just make conclusions and keep trading. And everything will be nice :)
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on April 02, 2018, 02:56:36 PM
Did you blame yourself when you lose?

Well, only you have to blame when you loose is you. But it's not a reason for crying or nervous. Just make conclusions and keep trading. And everything will be nice :)

I agree. The one exception is when you get scammed by an unethical broker, which does happen.
Title: Re: Did you blame yourself when you lose?
Post by: Alekxandra on April 09, 2018, 05:38:46 PM
My losses come unexpectedly, when I did everything right, and there should be a profit. Recently, so. There's nothing to blame yourself for.
Title: Re: Did you blame yourself when you lose?
Post by: Trunk on April 11, 2018, 11:08:14 AM
Of course I blame myself, whom I should blame to? The point is you should take mistakes as a part of learning process and focus on long term results first. This is how I trade only my Hotforex platform.
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on April 12, 2018, 01:37:48 PM
My losses come unexpectedly, when I did everything right, and there should be a profit. Recently, so. There's nothing to blame yourself for.

If it happens unexpectedly it's probably a good idea to step back for a little bit and analyze what you did wrong, so next time you'd be able to avoid the same mistake.
Title: Re: Did you blame yourself when you lose?
Post by: diyforexskills on April 12, 2018, 01:53:55 PM
My losses come unexpectedly, when I did everything right, and there should be a profit. Recently, so. There's nothing to blame yourself for.

If it happens unexpectedly it's probably a good idea to step back for a little bit and analyze what you did wrong, so next time you'd be able to avoid the same mistake.

There are so many books and articles on this subject. Some of the sanest and somehow restful material on this in my opinion is by Chris Lee. You can read his blog here. https://www.pipmavens.com/blog/

I can't find it just now, but he had a recent series  suggesting that one of the most important ways to move forward and build confidence is to trade just 1 microlot per trade. That way we can deal with losses without too much pain and learn from it. And so make ourselves better traders.

Title: Re: Did you blame yourself when you lose?
Post by: slimboydim on April 13, 2018, 05:08:16 PM
If you have kept to your plan 100% and when you look back at
the trade, you did everything correctly, I think you are being incredibly
hard on yourself if you put any blame in your own direction.

I've had trades in the past that have looked perfect in set up, and hit
S/L almost instantly! While ones where I have done everything wrong,
have profited.

If you stick to your rules, and accept that losses will occur, (within your
expected win percentage) then long term all should be well...




Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on April 14, 2018, 03:18:17 PM
If you have kept to your plan 100% and when you look back at
the trade, you did everything correctly, I think you are being incredibly
hard on yourself if you put any blame in your own direction.

I've had trades in the past that have looked perfect in set up, and hit
S/L almost instantly! While ones where I have done everything wrong,
have profited.

If you stick to your rules, and accept that losses will occur, (within your
expected win percentage) then long term all should be well...

I couldn't have put it better. No strategy is 100% profitable, one should always take that into their trading plan.
Title: Re: Did you blame yourself when you lose?
Post by: norman on April 24, 2018, 11:04:04 PM
When you invest in the forex market, you evaluate all the risks elements involved in it. If you have made a lose on forex, you must not blame yourself for it. Rather you should take it as a learning step and experience for future endeavours. Remenber before you succeed, you must know how to fall.
Title: Re: Did you blame yourself when you lose?
Post by: Alekxandra on April 30, 2018, 03:55:04 AM
I blamed myself. Dealing centers make us feel guilty. So that we do not blame them and do not demand their money
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on May 02, 2018, 02:27:51 PM
When you invest in the forex market, you evaluate all the risks elements involved in it. If you have made a lose on forex, you must not blame yourself for it. Rather you should take it as a learning step and experience for future endeavours. Remenber before you succeed, you must know how to fall.

Very encouraging words. I am not sure how easy they are to put into practice, but one should strive to do so.
Title: Re: Did you blame yourself when you lose?
Post by: Paul.Trafford on May 03, 2018, 10:26:06 AM
If you have kept to your plan 100% and when you look back at
the trade, you did everything correctly, I think you are being incredibly
hard on yourself if you put any blame in your own direction.

I've had trades in the past that have looked perfect in set up, and hit
S/L almost instantly! While ones where I have done everything wrong,
have profited.

If you stick to your rules, and accept that losses will occur, (within your
expected win percentage) then long term all should be well...
Very well said mate! There is always a chance something goes wrong... This is the reality of the FX market.
Title: Re: Did you blame yourself when you lose?
Post by: Juno on May 20, 2018, 11:43:17 AM
Yes, a serious and professional trader has to blame himself for his losses as he is responsible to take care of his money. You need to enter the market if you can afford losses as it is highly risky place to deal with. You have to be strong enough to tackle with the losses as patiently as possible. Do you have a strong mentality?
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on May 20, 2018, 12:32:32 PM
Well, unless a trader gets scammed there's no one else to blame, but I don't think that blaming oneself rather than taking responsibility and looking to learn from one's mistakes is a very productive reaction.
Title: Re: Did you blame yourself when you lose?
Post by: diyforexskills on May 20, 2018, 12:44:05 PM
Agreed. So perhaps the advice also is to trade manually with a microlot at a time until you build confidence and a good track record. (ie many years in most cases). Then you won't have to blame anyone including yourself. Because you are probably spending more money on things you don't really need than what you are losing on learning to trade in this way.
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on May 23, 2018, 12:44:14 PM
Agreed. So perhaps the advice also is to trade manually with a microlot at a time until you build confidence and a good track record. (ie many years in most cases). Then you won't have to blame anyone including yourself. Because you are probably spending more money on things you don't really need than what you are losing on learning to trade in this way.

Thank you for pointing that out. It takes years and years to learn to trade, but most newbies think they'd start making big profits overnight.
Title: Re: Did you blame yourself when you lose?
Post by: dvid on May 28, 2018, 11:59:42 AM
I don't blame myself, but I know that I made a mistake. Every loss made is entirely on you. Everybody can make mistakes that's part of human nature. If I lost a trade I analyze what did I make wrong and write it down in my trading journal. Next time I try to avoid the same mistakes.
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on May 28, 2018, 01:46:04 PM
I don't blame myself, but I know that I made a mistake. Every loss made is entirely on you. Everybody can make mistakes that's part of human nature. If I lost a trade I analyze what did I make wrong and write it down in my trading journal. Next time I try to avoid the same mistakes.

That is a great distinction to make. One can take responsibility for their mistakes without wallowing in self-blame, which is not a productive approach at all.
Title: Re: Did you blame yourself when you lose?
Post by: Trunk on May 29, 2018, 05:57:34 PM
I don't blame myself, but I know that I made a mistake. Every loss made is entirely on you. Everybody can make mistakes that's part of human nature. If I lost a trade I analyze what did I make wrong and write it down in my trading journal. Next time I try to avoid the same mistakes.

What's your approach to analyzing your mistakes? Some sophisticated math or retrospective analysis of the market events which led to losses?
Title: Re: Did you blame yourself when you lose?
Post by: Loperte on July 05, 2018, 10:31:31 AM
I believe majority of the blame falls on the trader himself. But there is also a luck factor as well. A market could become volatile and unpredictable. There is nothing you could do in such situations. What do you guys think?
Title: Re: Did you blame yourself when you lose?
Post by: Loperte on July 22, 2018, 04:32:32 PM
More than 90 percent of traders lose. And many of them started blaming themselves about the loss. You can't get anything in return of blaming yourself. So don't lose the hope and try to recover your money in the form of success. You must have to take patience because patience is a key to success.
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on July 23, 2018, 06:26:23 AM
More than 90 percent of traders lose. And many of them started blaming themselves about the loss. You can't get anything in return of blaming yourself. So don't lose the hope and try to recover your money in the form of success. You must have to take patience because patience is a key to success.

I think it's good to acknowledge when you've made a mistake, but wallowing in self-blame is counter-productive.
Title: Re: Did you blame yourself when you lose?
Post by: fulltimetrader on July 23, 2018, 07:26:17 AM
If it is true that 85% - 90% of all retail FX traders lose than it is really important to judge oneself what would make him/her capable of being part of the 10% group.
For manual traders, questions to ask yourself are What is the level of market knowledge? Do I understand the relationships between the instrument I trade and other markets? What tells inflation and yields numbers? Can I judge or do I have information that the market is Risk On or Risk Off? Cot reports? What scenario's can I expect from this research, what instrument will benefit and what will go down? What potential trades could be a good setup?

For automated trading, it is a bit different. Of course it can be good to stop trading an EA's for a while and in that case, the questions from above are in play again. For continuous EA trading, the robustness of the trading system is a big issue. Portfolio robustness, because diversification and good balancing is of great importance.

I don't think trading is basically about hope. It's a fight against professionals with deep pockets.
Title: Re: Did you blame yourself when you lose?
Post by: slimboydim on July 25, 2018, 08:08:24 PM
Just looking through the last few pages, it is incredible how many seem
to equate a loss with a mistake or a reason to apportion blame.

If your strategy has a 50% win rate, you can't possibly have the mindset 
that the 50% which don't win are your fault. If it's profitable and you execute
your plan, surely losses are just an "expense" unless you somehow believe
your system should win 100% of the time...




Title: Re: Did you blame yourself when you lose?
Post by: Foxy_Trader on July 26, 2018, 09:31:05 AM
You can blame yourself when you make a trading mistake. Taking a loss does not automatically mean that you made a mistake.  :)
Title: Re: Did you blame yourself when you lose?
Post by: slimboydim on July 26, 2018, 11:48:27 AM
You can blame yourself when you make a trading mistake. Taking a loss does not automatically mean that you made a mistake.  :)

Couldn't agree more...

Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on July 26, 2018, 03:28:46 PM
You can blame yourself when you make a trading mistake. Taking a loss does not automatically mean that you made a mistake.  :)

What does it mean then?
Title: Re: Did you blame yourself when you lose?
Post by: Trunk on July 31, 2018, 09:23:41 PM
Lessons are best explanation of your losing trades, try to avoid stress naming loss as a loss because it start to get on trader's nerves quickly!
Title: Re: Did you blame yourself when you lose?
Post by: Foxy_Trader on August 01, 2018, 08:15:52 AM
You can blame yourself when you make a trading mistake. Taking a loss does not automatically mean that you made a mistake.  :)

What does it mean then?

If you did not follow your plan (system rules), then it means that you screwed up --> you made a mistake.

If you followed your plan (system rules) and simple got stopped out then you did not make a mistake.
Title: Re: Did you blame yourself when you lose?
Post by: slimboydim on August 02, 2018, 11:06:30 AM


If you did not follow your plan (system rules), then it means that you screwed up --> you made a mistake.

If you followed your plan (system rules) and simple got stopped out then you did not make a mistake.


Such a great post, I think maybe some new traders struggle with this.






Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on August 02, 2018, 02:57:54 PM
You can blame yourself when you make a trading mistake. Taking a loss does not automatically mean that you made a mistake.  :)

What does it mean then?

If you did not follow your plan (system rules), then it means that you screwed up --> you made a mistake.

If you followed your plan (system rules) and simple got stopped out then you did not make a mistake.

Or you did make a mistake when you made your plan. No plan is flawless.
Title: Re: Did you blame yourself when you lose?
Post by: Loperte on August 10, 2018, 10:49:30 PM
Loss and profit are the parts of trading. You should have to recover your loss with the help of a great strategy. Never blame yourself when the loss occurs. Try to find out the reason behind it. And never repeat that kind of mistake in your future. Thanks
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on August 14, 2018, 01:57:20 PM
Loss and profit are the parts of trading. You should have to recover your loss with the help of a great strategy. Never blame yourself when the loss occurs. Try to find out the reason behind it. And never repeat that kind of mistake in your future. Thanks

True, placing blame is not a productive thing, it's best to focus on why it happened and how to avoid it in the future.
Title: Re: Did you blame yourself when you lose?
Post by: norman on October 28, 2018, 09:26:29 PM
You need to take responsibility when you suffer some loss in life. This is the quality of a mature trader. You need to learn from the mistakes and keep on moving forward. You need to know that there are a lot of losses in forex trading. There is no need to worry.
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on October 30, 2018, 02:17:10 PM
When we are responsible for the loss, I agree. Sometimes though, the loss stems from the broker being untrustworthy, or even a scammer. Then the most we can blame ourselves for is being naive.
Title: Re: Did you blame yourself when you lose?
Post by: Loperte on November 24, 2018, 10:24:21 AM
Every trader has bad days. As a rule, Never let abad day cost you more than you make on an average profitable day. If you average $700 on your winning days, don't lose much more than that on a bad day. Control the downside. The blaming thing happens with almost all the traders.
Title: Re: Did you blame yourself when you lose?
Post by: drunkfx on November 25, 2018, 07:20:50 AM
I wonder guys how many losing trades in a row have you experienced? How did you manage to preserve emotional stability in such situation?
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on November 25, 2018, 02:49:20 PM
Sometimes I've had five-six losing trades in a row. I can't say I managed to keep my cool when that happened.
Title: Re: Did you blame yourself when you lose?
Post by: FxTS on November 26, 2018, 06:25:49 PM
In such case it is better to take a rest and stop trading for a few days. Psycological pressure of bad performance can influence on trading, causing overtrading or chasing traders to get the money back.

Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on December 06, 2018, 12:33:00 PM
It's what I do. If I keep trading under such circumstances I'd just dig myself deeper.
Title: Re: Did you blame yourself when you lose?
Post by: drunkfx on December 08, 2018, 07:11:34 AM
In such case it is better to take a rest and stop trading for a few days. Psycological pressure of bad performance can influence on trading, causing overtrading or chasing traders to get the money back.

Yeah and then you have to start over because trading is really addictive. I usually trade 2-3 hours a day on my Hotforex platform.
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on December 08, 2018, 12:12:27 PM
Trading can be quite addictive indeed, especially after you've had a row of profitable positions.
Title: Re: Did you blame yourself when you lose?
Post by: Arsssele on December 23, 2018, 10:10:56 AM
Various things might stand behind an unsuccessful trade and it does not necessarily means that it is traders fault. It is true that wrongly analysed data is sometimes to blame, but sometimes market reacts on news on various things which is beyond traders predicting capability
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on December 27, 2018, 02:37:14 PM
True, whipsaws can wipe out the account of anyone who hasn't place SL.
Title: Re: Did you blame yourself when you lose?
Post by: Humble Trader's Fx on December 27, 2018, 04:04:54 PM
True, whipsaws can wipe out the account of anyone who hasn't place SL.

Even with a SL, a weekend major gap can wipe an account as well despite a SL. :'(


Regards,
HumbleTrader
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on December 28, 2018, 02:36:41 PM
True, whipsaws can wipe out the account of anyone who hasn't place SL.

Even with a SL, a weekend major gap can wipe an account as well despite a SL. :'(


Regards,
HumbleTrader

True. It happened to me more than once, and since then I do everything I can not to keep positions open over the weekend. I hate gaps.
Title: Re: Did you blame yourself when you lose?
Post by: nck on January 21, 2019, 02:45:33 PM
blame myself when i commit a newbie mistake,like taking to much risk on gbpusd pair ,that was my mistake in november resulting in a larger dd that i'm able to stomach,

we have to keep an eye on ourselves all the time to avoid that kind of lenient mistake ,stay focused all the time
Title: Re: Did you blame yourself when you lose?
Post by: y5nitro on February 18, 2019, 09:03:04 AM
I believe that you need to take responsibility for your loss in forex trading. You just can't keep on blaming the market for it. When you first entered the forex world, you must have known about the losses associated with forex. So, man up and take the loses on the chin.
Title: Re: Did you blame yourself when you lose?
Post by: marcopiccollo on March 29, 2019, 10:45:19 AM
Many traders blame their selves when they lose trading Forex, which is not right for any trade, when we lose trading we don`t need to blame anybody even our selves, instead we should take time to learn Forex very well, because blaming our selve will not bring the lose back to us. Losing is part of trading too it make us understand the place we are going wrong. So nobody should blame him selves for losing.

Not agree with that. It is you who decide to sell or buy. It is you who click the button. All this actions are based on your understanding of the situation on Forex so there is noone to blame exept you. BUT the thing you are mentioned is more about how you react on your own failure. If it stops and brings you to depression then yes, you have change your attitude. But if it pushes you to learn more and become better in trading than it is fine.

Cheers!
Title: Re: Did you blame yourself when you lose?
Post by: Aaronpp on August 07, 2019, 06:51:37 PM
Blaming yourself at the time of losing is illogical because losses on the markets are common and have nothing wrong, In fact the losses are essential to train the operators because you will never be able to learn how to trade in Forex more professionally without failing at some point, All you have to do is learn from those mistakes and move on without blaming anyone for the losses.
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on August 08, 2019, 05:23:39 PM
If you make a blatant, foolish error, you can. Sometimes mistakes just happen and it's important to move past that.
Title: Re: Did you blame yourself when you lose?
Post by: Sami Samith on December 30, 2019, 12:07:34 PM
Never!!
Because success and Failure both are the part of life.
Always learn lesson from failure and move on.
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on January 02, 2020, 01:10:43 PM
Sometimes it's not even the trader's fault when they fail, but the broker's. That is why state financial regulators that are considered trustworthy, like the British FCA and now the Australian AFCA (https://www.forexbrokerz.com/news/The-AFCA-supports-the-proposed-compensation-scheme-in-Australia), are using compensation schemes, in cases when broker misconduct leads to traders losing money.
Title: Re: Did you blame yourself when you lose?
Post by: fxopen78 on January 02, 2020, 08:14:11 PM
I don't blame my self if getting loss in trading, but I will trying to evaluate trades and recognized the mistake, blaming own selves is not good idea and only will make our skill is never be improved, although follow the signal from any other trader also not wise if blaming them
Title: Re: Did you blame yourself when you lose?
Post by: drunkfx on January 05, 2020, 12:49:04 PM
I don't blame my self if getting loss in trading, but I will trying to evaluate trades and recognized the mistake, blaming own selves is not good idea and only will make our skill is never be improved, although follow the signal from any other trader also not wise if blaming them


Yes, the losses in 99% of cases is our own fault because we simply overlook something in our trading strategy or give way to stress, greed, fear or other bad emotions.
Title: Re: Did you blame yourself when you lose?
Post by: fxopen78 on February 16, 2020, 09:37:17 PM
Indeed emotion has high role during trades, fear, greed, anxiety and so on, trading forex need to keep in calm minds during trades, so we can work based o our system and keep discipline with money management rules
Title: Re: Did you blame yourself when you lose?
Post by: akev on March 17, 2020, 10:03:39 AM
Most of us would have blamed the broker or trading that its a scam cause of the loss but it was actually our fault.

The day we decide to accept the loss as our mistakes is when every trader will improve his trading skills and make profits.
Title: Re: Did you blame yourself when you lose?
Post by: drunkfx on March 18, 2020, 06:04:46 AM
I blamed myself for losses but after some time I realised that I spent too much mental energy to accept them. Then I abandoned manual trading and automated decision making to reduce time of watching charts.
Title: Re: Did you blame yourself when you lose?
Post by: fxopen78 on March 18, 2020, 10:41:16 PM
Automatic trading is one choice for all trader that don't want to keep their eye always in front of the screen, they can relying robot to open trades based inside the strategy of a robot, but trader also must know the risk, because not all robot can work well like as expectation, many of them the cause of margin call
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on March 19, 2020, 09:50:14 AM
Shouldn't one keep an eye on the robot too?
Title: Do you blame yourself when you lose?
Post by: 2cuteEssence on March 29, 2020, 12:05:04 PM
I think it's inevitable, because losses are always very difficult. Especially in this case it's difficult to shift responsibility to someone else, because most of the time we make our own decisions, but over time it passes and you start to take it a little more calmly.
Title: Do you blame yourself when you lose?
Post by: fxopen78 on March 30, 2020, 12:07:55 AM
Because forex trading is risky, loss as part in trading that sometimes inevitable, better if taking evaluation to recognized our mistake then trying to make new rules to avoid the same mistake repeated again, blaming own selves is not resolved the next problem without learning
Title: Do you blame yourself when you lose?
Post by: Eliza Abrams on August 28, 2020, 05:35:10 PM
I think occasionally we can blame brokers as well. Scammers contribute significantly (https://theforexreview.com/2019/10/10/australians-have-lost-over-33-mln-in-investment-scams-since-january/) to forex, binary options and cryptocurrency losses on the market, that should not be overlooked.
Title: Do you blame yourself when you lose?
Post by: drunkfx on August 29, 2020, 10:13:55 AM
it is important to define what is mistake. If you made random guess and was wrong it wasn't mistake associated with a trade it was wrong approach. But if you deviated from your trading strategy and decided to take more risks, open/close earlier or late - then clearly it is a mistake because you broke the rules.
Title: Re: Did you blame yourself when you lose?
Post by: fxopen78 on September 01, 2020, 12:56:24 AM
In the forex industry, indeed there are some people who want to carry the money from an investor with a fraudulent act, get scammed big money because the temptation with fixed profit monthly based in forex is a bad experience for some people because high expectation gets unlimited income monthly.
Title: Re: Did you blame yourself when you lose?
Post by: drunkfx on September 14, 2020, 08:34:17 AM
Of course I blame myself when I lose but I do it in the way so I can learn by my mistakes and analyse why I broker rules of deviated from the plan.
Title: Re: Did you blame yourself when you lose?
Post by: Eliza Abrams on October 02, 2020, 05:28:30 PM
I blame myself if it was my fault. Which is not always the case.
Title: Re: Did you blame yourself when you lose?
Post by: drunkfx on October 20, 2020, 05:13:54 PM
I blame myself if it was my fault. Which is not always the case.

How do you determine if it was you who made a mistake or it was an uncontrolled event?