Methods for FX Beginners to Avoid Major Losses [For Those Who Do Not Want to Lose Big Again]
To those who don’t want to suffer a big loss anymore
First of all, what do you think is the cause of a big loss?
Causes of big losses
Predictions going wrong
Sudden news
Analysis was wrong, was too lenient
Unrealized losses cannot be realized (cannot cut losses)
Postponing leading to a large loss and forced stop-out
Mental state
Aren’t the above generally considered the causes?
However, everything listed aboveCauses of big lossesis not.
People who do not suffer big losses do not suffer even if predictions go wrong or there is sudden news.
They do not incur big losses due to large unrealized losses and inability to cut losses.
(It does not mean they have a mental state that can easily cut large unrealized losses.)
In other words, what is considered thecause of big lossesis notthe real cause, right?
In this world, there are only cause and effect, simply.
To change the result, you must change the cause.
If you consider yourself the cause, more things can be resolved.
If you consider yourself as the cause and take control, you can manage it.
If you think others are the cause, you will be controlled by others.
It becomes a problem that you cannot do anything about.
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