How to Decide During a Bad Trade?

[shozeb]

sahi kaha bro mere khayal se agar aapki trade loss me jaa rahi hai toh aapko uski opposite direction me kabhi trade nahi open karni chahiye trading ka ek basic rule hai patience aapko patience rakhna chahiye agar phir bhi aapko lagta hai ki koi fayda nahi hoga toh aapko trade close kar deni chahiye aur thodi der k liye apna mind fresh karke baadme trade karni chahiye..

[akshay1728]

during the bad trading condtions you should avoid the trading because you can suffer losss in such conditions better to wait and keep paaticne and enter at the proper entry time

[reynald]

Do not need worry upon bad trades. Trader should try to wait for a good move after a bad trade and he should not place next trade in hurry, anger or revenge, it will cause more losses.

[retnotriwulandari]

Traders enter trading with an urge to make profit. For most traders, the inspiration derives from a trader who has performed exuberantly well and who has tapped market at the right time. Interviews from renowned traders inculcate the spirit and thought in the minds of the audience and they endeavor to follow these expert traders. Perhaps most traders fail to notice how the expert traders gradually minimize loss. After all one gets to know it during the course of trading sessions.

Sometime it so happens that a newbie happens to experience a favorable trading on the row and with that in mind he continues his journey. One day that turns his trading upside down will make him highly disappointed. That�s the time when drastic decisions are taken. Since he has not seen loss so far, he would have thought that he is on the right track. A depression in the market is capable of showing you an adverse effect. Perhaps a newbie will never be convinced with this fact. He will continue to trade with the minimum hope that he is left with; the hope that he can earn back everything that is lost.

The point of this discussion I think it is about emotional control. If you are a trader in the Forex, you should be ready about the risk that you will get. In Forex you can easily get the money, but we could easily lose a lot of money. You must be prepared with all of that. Expand the analysis of the movement of world markets, it really helps you in trading.

[assi]

when you feel that this was your bad trade then you should stop the tradings for while and you should not do more tradings till you will find the good way to recover the good analysis to see the cause.

[mr kashif]

g bilkul jab hamen loss ho jata hai to hamen trading close nahi karni chahiye ya pareshan nahi hona chahiye, q k loss aur profit to hota rehta hai hamary sath & agar hum trade start rakhengy to hamen profit ho jaega wapis!

[truegoa]

In my case, I will doing some fast research to decide what decision I will take. If the price seemly will flow more away from my position
I will just cut it and waiting for new chance to enter a trade. But, if I see good indication that in few more time price will come back support
my trade, I will place new order and wait for retrace or reversal. But for sure, I will not wait for that reversal if I think that need so long
time to happen.

[emon198606]

We can stop for awhile from trading. They ends up in loosing money...Traders should have enough patience so that they can decide wether they should trade or not .

[adnan10076]

some times bad times ajati hy during trading and ye wqt buht he mushkil hoti hy q k mujy be esa he one time face krna para hy...so esi he wqt aye hy k meny hedging b kia ta risk ko control krny k ley lakin pir be mery account ko hatra ta lakin us wqt meny hud ko control kia and pir luck ny mera sath dia...

[abinmusa]

Traders enter trading with an urge to make profit. For most traders, the inspiration derives from a trader who has performed exuberantly well and who has tapped market at the right time. Interviews from renowned traders inculcate the spirit and thought in the minds of the audience and they endeavor to follow these expert traders. Perhaps most traders fail to notice how the expert traders gradually minimize loss. After all one gets to know it during the course of trading sessions.

Sometime it so happens that a newbie happens to experience a favorable trading on the row and with that in mind he continues his journey. One day that turns his trading upside down will make him highly disappointed. That�s the time when drastic decisions are taken. Since he has not seen loss so far, he would have thought that he is on the right track. A depression in the market is capable of showing you an adverse effect. Perhaps a newbie will never be convinced with this fact. He will continue to trade with the minimum hope that he is left with; the hope that he can earn back everything that is lost.

very nice post, especially for beginners like me who sometimes gets too carried away when eventually even result in profit because trading forget mc money management.