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Uncertainty

Copytrade Forex news Blog Company news Education AI Hub 📙 Forex for beginners
📙 Forex for beginners
Copytrade Forex news Blog Company news Education AI Hub
AI Hub 8 December 2023 How Can I Properly Account for the Losses in Forex Trading? Forex trading is a highly volatile market and losses are inevitable. The key to success in forex trading is to properly account for these losses. In this blog post, we will discuss how to properly account for the losses in forex trading. First and foremost, it is important to understand that there are two types of losses in forex trading: realized and unrealized. Realized losses occur when you close out a position at a lower price than you bought it at, resulting in an actual loss of capital. Unrealized losses occur when the value of your open positions decreases but you have not yet closed them out, meaning that the loss has not yet been realized. The first step to properly accounting for these losses is to track them accurately....