Profit or Loss.....they are part of our lives

Nobody likes losses. But as a trader, they are part of our lives. So what do you do when the first couple of trades are losing trades? Should you stop trading for the day?

No...absolutely not.. We should learn form our mistakes. We should start to analyze where did we anticipate wrong? why did we sell at a such a lower price? was that movement of ours correct at that point of time?

We learn many things only when we loose few trades. Its absolutely doesnt mean that we should wantedly loose trades. It only means when we loose, we need to learn.

we should look out for ways to trade. We should trade with paper currency on different trading platforms and on different instruments. Only then we will gain knowledge, experience, patience, we will understand the strategy..

Good luck traders.

Cisco in News

Cisco's discouraging outlook has dragged the Wall Street lower. Cisco reversed the gains and its earnings were dull.

But most of the investors viewed Cisco's problems as company-specific.

Tech bellwether Cisco Systems lost its market value in frenzied trading, a day when a gloomy revenue outlook left investors jittery, and some brokerages downgraded the stock.

yes Cisco news has driven the US stocks to end up lower...but I think its to do with a company and it should not bother (impact) other stocks...

trading commodities or currencies ??

hi !!

I think when compared to currencies...trading commodities is better. I view commodity market as a safer place than forex. Speculations and fluctuations drive forex market to a highly riskier place to be in...

My fellow traders at gnutrade say that they both are same provided you play the trades with knack....

mmm....just thinking to try forex market at a full length...