What to do when market moves in opposite direction ?

[aries32]

Bahi forex may samaj daar traders ussay hee maana jaata hai joo money management koo follow kar kay trading kartaa hai. woo traders kabi bee naakaam nahe hotaa joo money management koo follow karya. agar traderapnee trade may stop loss koo use karain too agar market against hoo bee jaay too woo limted loss kay saath market saay out hoo kar dobaraa apna loss cover kar saktay hain.

[dareking]

mere khyaal mai agar aik new trader iss tarah ki situation ko face kar rahaa ho to ussya apni trade close kar dne he behter hai aur hum agar SL k ause karai to iss tarah ki condition mai baray loss se bach sakty hai

bhai Stop loss lagana hi behtar hoga, chahe to wo newbie ho, ya fir experience trader ho, bina stop loss ke kabhi bhi trading nahi karna chahiye, main apni har ek trade mein Stop loss use karta hoon.

[pipseekerfx]

When the market moves in the opposite direction, we have to make sure again whether we have the right position or not. We have to check again, whether it is in accordance with the market conditions and news at that time or not?

Another measurement which is a candlestick pattern and the level of support and resistance. With earlier measurements we can determine whether our position is in conformity with the limits or whether the candle pattern which is formed from the current price provides certainty right direction or not? All of that we have to examine it again, when we are in a position of uncertainty.

[dodewania]

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

forex is business.They have two sides of profit and loss.Emotional person can not business with forex.If you loss in forex this is not matter.You can try more and more.i think we can control our emotions with the help of our trade experience.

[jubbi]

Just wait to turn it back if you have.
You must have reserve Money in your account to secure it coz market will turn back after some time.
You should must analyse the market or must consult here on this forum when needed.

[saifir1]

I guess its always best for the traders to put stop loss whenever the market goes against you so that your negative trades gets closed without having too much loss. We need to learn that strategy otherwise it would be very difficult for us to survive within such cruel market.

[mutivo]

there is alot of good working and well known and well known trading work in the trades its good in the work of good that you know a great way to understand. its a good thing in the best thing in the trading

[kdawaca]

I find that traders are doing when it moves in the opposited as a direction is to takes as an immediate action to cutloss and then perform the installation according to the direction of the markets so that traders will not feel the loss and the profit obtained really !!!

[human]

mere khyaal mai agar aik new trader iss tarah ki situation ko face kar rahaa ho to ussya apni trade close kar dne he behter hai aur hum agar SL k ause karai to iss tarah ki condition mai baray loss se bach sakty hai

[sam234]

Sometimes it happens to me especially when i am making profit. When i am in profit and the market starts retracing backwards, i do close my trades out of impatience to avoid losing my profit.