How to Skillfully Cope with Unrealized Losses

Hello!!

Today I’d like to talk about the mindset of stop loss and unrealized losses, which traders often unconsciously neglect.

I’m going to share it with you.

When you enter a trade, you believe in that entry and take a position, so you’re certain that, if you go long, prices will rise, and if you go short, prices will fall.

That’s why you get anxious when the market moves in the opposite direction.

At that moment, your unrealized loss starts to balloon, and many people start panicking with, “What should I do? What should I do?!!”

Wouldn’t you say?

If you keep repeating this, you’ll never become part of the winners.

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That was me in the past as well.

So what should you do?

The answer is fairly simple: before entering, you should properly think about,

“How much unrealized loss could occur?”and consider it carefully.

Of course, when you take a position, you think unrealized losses won’t occur, but since the market is unpredictable, you need to forecast the extent of the risk clearly.

There is no one in this world who fully understands the market (who can predict perfectly).

If there were, that person would be controlling this world.

No matter how skilled a trader is, it’s common to incur unrealized losses.

But what differs from those who fail is that they still anticipate that risk when entering.

So even if you hold unrealized losses, you won’t panic and say,“What should I do? What should I do?!!!”

This is a fairly important discussion.

Knowing this can dramatically improve the quality of your trading.

Now, I wrote earlier that there is no one who fully understands the market, and

understanding that properly and accepting unrealized losses is important.

Many traders fail because they

incur unrealized losses and panic-cut the losses.

→Then the market moves in the direction that would have been profitable if you held the position

→Because it’s frustrating, they enter again

→Back to square one

This is the cycle.

That’s why you can’t win.

This loss-trade pattern is particularly active in ranging markets.

Many losing traders can’t even predict a ranging market and blindly enter again and again.

And when they think prices will go down, they go up and cut losses. When they think prices will go up, they go down and cut losses.

They end up repeating this exactly.

Of course, such people end up glued to the charts and unable to move, so

they waste time and money watching charts.

If you can pre-calculate roughly how much unrealized loss could occur,

you won’t fall into this demonic spiral.

How to skillfully manage unrealized lossesis what’s important.

Even if unrealized losses appear temporarily, if they were within your trade scenario expectations, you can avoid needless stop-lossing and

you can close the position after profits are firmly in place.

For losing traders, first learn how to deal with unrealized losses.

It’s not too late to extend profits afterwards.

In fact, it’s the fastest. Increasing your capital quickly is indeed important.

Losing-traders tend to focus on speed and fail to grasp what really needs to be studied.

Face your current self properly, think about what you should study, and then take action.

So how should you skillfully handle unrealized losses?

I’ll gradually explain from here on.

Well, it’s best to learn this by watching actual trading, though.

So I’m making trading broadcasts for everyone to watch.

They’re free and have been very well received, so I don’t think you’ll regret it.

Details are here.

http://d-fxstock.com/post-906/

That’s all for now!! Thank you very much!!