How do you manage your losses?

chingy007

Forum Newbie
Hi fellow traders

I've been a member for around one year and watch the commentaries every week. I'm learning new things every day but wanted to ask the full-time/consistent traders how they manage their losses, and in particular how they have bounced back from a drawdown?

For example:

1. After how many losses in a row will you start to reduce risk?

2. When will you start to increase the risk again? Would it be after a number of wins or based on trade set up?

3. When you start increasing the risk again, will you do this gradually or just go back to full risk?

Wishing you all the best for 2018
Chingy
 

ThePino

Forum Newbie
Hi Chingy,
I’m posting here to bump up your post up because I’m supprised that the more expiriance traders haven’t commented yet.

I would also be interested to see what expiriance traders say to your questions.

Cheers,
ThePino
 
G

gauri

Guest
Hello, Good Morning!!! Such a nice forum. Maximum loss set as a small percentage of Forex trading float.
Thank you
 
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