What to do when market moves in opposite direction ?

[pipin]

well the right and common thing to do when market goes against you is to close the trade and accept your loss because in forex there is always opportunity the next day so there is no need to hang on a losing trade

[newbie12]

IN forex everything is uncertain because of world financial movement, so it's very easy to get that situation when market moves in opposite direction.

[pregem]

What to do when market moved in the opposite direction is that , you are to keep your cool. Sometimes the market maybe undergoing what is called correction in the market . Market analysis is very vital and so if you are good at this you have no need to sit at the edge of your couch while trading.

[m.abas]

yes this is true if the exchange market movie in the opposite direction then you should stop the trading and check the market when you feel that the market is going right then you should start the trading this is beneficial for them and will save from the lose

[forex.monster]

It is an easy decision when you open an order you have though to something if it goes against you then your thought was wrong so it is better to close the trade before much loss because if you wait more then it is possible that you will loose more money in that trade so the best option is to close the order and find out your mistake.

[rajkumar1991]

market me man laga ke kaam karna chahiy bahut hi acha kar lenge iske jiasa koi bh bussiness nhi hoga bas theeek se man laga ke kaam karna tabhi age badh payenge .

[naziakhan]

when the market moves in the opposite direction you must have to place the trade with proper stop loss and take profit so that you will not loss more than the risk that you have to take so it is one of the good strategy for trading in this volatile market.

yes , if market is moving against the trend then a trader should place trade with tight stop loss because market can change its trend any time and we will face heavy loss if our stop loss is large or we are trading without stop loss .

[Tuan Takur]

I really curious about your question, I guess that you are still a newbie and doesnt use stop loss point, or maybe you are a scalper so you must ask that question, since intraday trader always use stop loss in their trading strategies so when market has moved to the opposite direction they will not worry and face the risk

[momin00]

ma long term trading strategy ko follow krta hu , jab meri trade loss ma jati ha to ma us trade ka profit ma aany ka wait krta hu , or mujy lagy k trend of market change ho gya hai to ma apni trade ko hedge kr deta hu or phir us trade ko manage krny ke koshish krta hu .

[meregehese]

if that price reverses direction, and not in accordance with the initial prediction, then I would have predicted back what I did, even if I have to cut losses then I would do. I will not let mistakes happen and dragged me up so much capital.