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Thread: What to do when market moves in opposite direction ?

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    Senior Member niks will become famous soon enough niks will become famous soon enough niks's Avatar
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    What to do when market moves in opposite direction ?

    Closing the trade is right option at such times??
    Many times it happens that in such situation you close the position and then
    market hits target .
    Lets discuss what is efficient way to react in such situation ?
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    Banned sathish999 is on a distinguished road sathish999's Avatar
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    when the market moves in opposite direction. there is no wat to escape u have to face loss at once u place u stop loss. but be sure that u place stop loss double the take profit. but dont place ur trade with placing stop loss

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    Junior Member busboos is an unknown quantity at this point busboos's Avatar
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    Quote Originally Posted by niks View Post
    Closing the trade is right option at such times??
    Many times it happens that in such situation you close the position and then
    market hits target .
    Lets discuss what is efficient way to react in such situation ?
    about my self i stand on stop loss point and target point

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    Senior Member venkiaries61 will become famous soon enough venkiaries61's Avatar
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    Quote Originally Posted by niks View Post
    What to do when market moves in opposite direction ?

    Closing the trade is right option at such times??
    Many times it happens that in such situation you close the position and then
    market hits target .
    Lets discuss what is efficient way to react in such situation ?
    You may follow half hedging to avoid margin call. And there are huge risky strategies to face the reversals, but its danger. Its better to trade according to the trend. And don't trade all the time in trend. Just leave the chart after getting your target. If you do over trading, then you should caught in reversals. I am also have huge experience that the market move reverse and then move favor for me. So, if your analysis is right, then wait for the target in patience.

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    Senior Member atif58 will become famous soon enough atif58's Avatar
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    I always use stop loss in long term trading. So when market moves opposite before SL i watch it carefully if market has very clears clues about crossing my stop limit then i close my trade and open a new trade in the direction of market.

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    Senior Member yogesh is a jewel in the rough yogesh is a jewel in the rough yogesh is a jewel in the rough yogesh's Avatar
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    Initially i keep on increasing my positions - trying to average down and at last most of the time lost every thing, but experience make me learn that chasing trend is dangerious and we should admin in time that our trade was wrong and should close it at appropriate stop loss. And enter with fresh analysis into another trade.

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    Member fxquest is on a distinguished road fxquest's Avatar
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    Quote Originally Posted by atif58 View Post
    I always use stop loss in long term trading. So when market moves opposite before SL i watch it carefully if market has very clears clues about crossing my stop limit then i close my trade and open a new trade in the direction of market.
    Yeah this is good strategy to trade in market direction. We can trade in bearing market by short selling with stop loss, so that if prices start rising our positions gets closed with limited loses and other wise we can expect bigger profits on market going down.

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    Senior Member mazba is an unknown quantity at this point mazba's Avatar
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    In forex everything is uncertain because of world financial movement.so its very easy to get
    that situation when market moves in opposite direction.That time normally i wait for sometime.
    but if i predict the market in new movement than close the position.

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    Member ericnyamu is an unknown quantity at this point ericnyamu's Avatar
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    when market move against you its best to take the loss and trade with the trend ...its very bad to start going counter trend trying to impose your will on the market . the market has its own direction and fighting that direction will only make matters worse with your trading account . more so if we have a good MM ewe are good to go !

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    Senior Member asingh601 will become famous soon enough asingh601 will become famous soon enough asingh601's Avatar
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    Main jab dekhta hun ki market opposite ja raha hai to wait karta hun ki mera kuch money recover ho jaye uske baad main close kar deta hun order ko fir us direction me laga deta hun to mujhe loss or profit money dono hi mil jata hai. ye situation to maine sief 2 hi time face ki hai baki time pe to maine apni pichli galti se sikh kar pehle trend ko dekhta hun ki wo kis taraf ja rahi hai fir demo then real account trading.

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