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 ?
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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khurramshahzad2 (2018-12-30), Shahnawaz148 (2019-04-26)
A lot of persons think that staying on stop loss could help and prevent some loss, but they have forgotten that the market could go opposite and then later resulted into loss or that trader... Many times my brother places stop loss and when he got back home to checked on it, he discovered that he has loss to the market....
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Deepanshu (2015-01-11), khurramshahzad2 (2018-12-30), Shahnawaz148 (2019-04-26)
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.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
khurramshahzad2 (2018-12-30), Shahnawaz148 (2019-04-26)
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
khurramshahzad2 (2018-12-30), Shahnawaz148 (2019-04-26)
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. ..so i always use stop loss in long term trading.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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 dangereus and we should admin in time that our trade wrong and should close it at appropriate stop loss and enter with fresh analysis
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
khurramshahzad2 (2018-12-30)
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.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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