How to Decide During a Bad Trade?

[RipleyFX]

I agree. I think the worst thing a newbie can do is to keep doing the same thing and expecting to win and make back his or her losses. I think the mark of a good forex trader is his or her ability to analyze the elements that made him or her a loss in the previous trade and then re-structure the plan accordingly to suit the current market at the current trade. It's not wise to refuse adapting and just stick to your own strategy when clearly it didn't work the last time.

[persie]

if it fails or MC do not blame or condemn broker market, we conduct an evaluation mending, MC is usually due to lack of discipline on the rule of trading systems and money management rules. or may not understand the science of trading. it should be when we decided to join in the trading world means we are ready to risk

[oming]

I saw some traders who trade them pause when they encounter periodic losses and take a break from trading .. they use the time to refresh their minds and observe its development, while the estimated strategy that will be used nantunya. we can also do the same.

[leon]

during a bad trade, we can reduce our risk. we can reduce our lotsize when we trade, so we dont need to get much losses if the condition in the market worst. we must manage our risk better

[sabanasumi]

Someday the item consequently occurs that a newcomer occurs to try out a great buying and selling about the line in addition to knowing that he or she persists his or her vacation. Eventually that will transforms his or her buying and selling the wrong way up could make him hugely unhappy. That�s the time while drastic options are usually consumed. Since he's got not necessarily witnessed reduction until now, he would have got imagined that she is usually on target. A new depressive disorder out there is usually able to displaying an individual a detrimental impact. Perhaps any newcomer will not become certain using this type of truth. He will still business while using minimum amount hope that she is usually remaining using; the particular hope that she may acquire back again everything that is usually missing.

[mustafain]

you have to cool mind always and try to learn all the way first and then try to trade and it is good for us all the time to learning and earning from it is good.

[forextool]

bad trade is already done and you see the losses are there first thing you need to do is not wait for more losses and cut down the losses by closing the trade this is bad thinking

[magdy]

yeah,,, you are right, we need to refresh our minds, so our next analysis is not wrong anymore.
sometimes while still emotions, our minds can not think clearly, always influenced by emotion.

[manerhsay856]

Certainly that There is lots of talk about the money managements but this thing is not understand by the newbies who just want to getted some of the profits. The will not using a SL and just seeing their negative floating trade and hoping that prices that will come back. This is disasters !

[wrooney007]

it is a very good post. it will help a lot of people. honestly speaking, i did not have a bad time in the forex trading. So till now i have not any experience of making decision during that bad time. Analysis would be next step at time with a cool mind because if we worry at that time it will make that trade more useless