FX Trading Operations Room｜Episode 11 Why People Cannot Cut Losses［FX攻略.com Editorial Department］

From the position of publishing the only monthly FX information magazine in this country, the purpose of this project is to extract mistakes and common misconceptions that many traders tend to make and share them with you. This time, we would like to think about “professional know-how.”

【FX Trading Command Room [FXAcuity.com Editorial Department]】
・First: League matches and Tournament battles
・Second: Before you start scalping
・Third: FX skill-up steps
・Fourth: Let's effectively utilize various order methods
・Fifth: About the search for the holy grail of FX
・Sixth: Technical indicators are not all-powerful
・Seventh: In FX, ranging markets are the normal mode
・Eighth: Have you tested before demo trading?
・Ninth: Do you need many screens for FX trading?
・Tenth: Why you can’t win with know-how alone

Table of Contents

1. I know it, you need to cut losses
2. The nuisances that prevent you from cutting losses
3. Mechanically cutting losses with reserved orders
4. We’ve gathered the troublemakers that interfere with our losses

I know it, you need to cut losses

People who are not good at cutting losses rarely make stable profits in FX. In order to trade with a stable performance, cutting losses is necessary. This time, we will consider why people cannot cut losses.

That said, many individual investors understand in their heads that they must cut losses to win. Not only our magazine, but any media you read and any professional trader you learn from will strongly emphasize the importance of cutting losses.

With the exception of contrarian or automated trading styles, avoiding the act of realizing losses by one’s own will is almost impossible to escape.

Nevertheless, the reason many people are poor at cutting losses must be due to factors that obstruct cutting losses.