Skip to content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
Strategy Video: Expect Losing Trades and Learn from Them

Strategy Video: Expect Losing Trades and Learn from Them

John Kicklighter, Chief Strategist

Talking Points:

• There is no 'Holy Grail' in trading, all traders and strategies eventually face a loss

• How we deal with a trading loss is critical to our progress towards becoming a better trader

• We should evaluate all trades honestly - did I follow my rules or didn't I?

What kind of Trading best suits you? Technical or Fundamental? Short-term or Long-term? Take our Trader Survey and find out.

On a long enough timeline, losing trades are inevitable. How a trader responds to those losses is often what dictates their long-term success in the market. For those that expect to discover the 'Holy Grail' (a fictional strategy that is profitable through all market environments over time), losing trades can be crippling and spark emotional response in the form of revenge trading or apprehension for future trades. The market participant that knows losses are inevitable as well as good opportunities for evaluation can learn, evolve and improve over time. An honest evaluation of each trade - loss or winner - is the first step. And, living by a credo of 'progress, not perfection' can make developing a successful trading strategy achievable. We discuss setting realistic expectations and making progress in this weekend Strategy Video.

Sign up for John’s email distribution list, here.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES