Cut Loss or Recovery? Which one is better?

Loss when trading is a natural thing, but if it is allowed to continue it will have a bad impact on the trader himself. Losses in the trading business if not handled quickly it will spend all the capital owned. Therefore, there are 2 ways to overcome trading losses, namely cut loss and recovery.

Cut Loss

Trading has a very high risk, therefore when traders want to dive into the world of trading requires very careful preparation. When there is a loss in trading, the thing that must be done by traders is to limit and anticipate losses so that they are not too large. Losses can be handled by setting a cut loss limit in accordance with the risk profile of losses that can be borne.

The key to successful trading is to minimize losses or cut losses if the wrong position is traded. Cut loss means releasing a trading position in a loss condition. Cut loss is done by closing trading positions, both buy and sell, in a loss condition to prevent the losses that must be borne from growing

Recovery

Very fast price movements can make losses even bigger, therefore it needs immediate recovery so as not to interfere with trading psychology. Recovery is a very important part of risk management to be mastered, without being able to master risk management or perform a good recovery, it will be very difficult to survive long in the trading world. By making a recovery, traders can reduce losses and maximize profits and at a minimum for a return on investment. In the market no one can predict the price movement will go up or down. Therefore, traders must be able to recover when the market reverses so that there is no loss or loss in trading.

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