What to do when market moves in opposite direction ?

[karwa]

my dear of course, I clearly believe that we don't need to let the price reach our stop loss, if we know that the trend changes, and moves in the opposite direction, then we need to do a cut loss. This can help us minimize losses. We must make good decisions as soon as possible, so we will not get many losses, but only small losses.

[aswaja]

well bro, generally in forex trading I personally think that you should always trade with a stop loss, you cannot let the market move in the opposite direction for many points because the loss will increase and you will not close the position because you see that the loss is very large and You will wait for prices to return to reduce losses but the market continues and you will have a margin call.

[Dinesh]

Mai hamesha stop loss place kerta hu agrer stop loss hit hota hai to position automatic close ho jatey hai. I always use stop loss if market hits stop loss then position get close automatically.

[billyboy00007]

Forex main market always apki favor main nahi ja sakti hai aor na he aesa ho sakta hai is liye apko plan a and plan b dono per kam karna chahiye agar apko eak mukamal trader banna hai aor trading kar kay acha profit generate karna hai yeh bohat he best business hai.

[zahid2016]

i always try to trade after proper planning and strategy. i do not keep my trade open for long time. when i think that i have earned enough profit i try to close trade to keep my account save. but some time it happens that market situation suddenly change and it goes in opposite side, at that time i always try to close the trade to avoid big loss. i earning small profit is always better than facing big loss.

[buttar]

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.

[buttar]

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.

[buttar]

Always use stop loss, so when the market moves in the opposite direction, we will not get a lot of losses. But many of us don't want to get a loss, so we hold the wrong position and then get so many losses and get margin calls too. Always using a stop loss on each trade can avoid margin calls

[buttar]

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.

[buttar]

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.