What to do when market moves in opposite direction ?

[gerrard]

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.

[ludric]

I myself think that the rush of Almmakd that leads to subconscious is lost profit or loss, but to be impatient patient on the target currency and study well before taking any decision and continued news are those which reflect the price quickly

Just stay on trading rules and good management,sometimes i did not pay attention to MM in my trade, because say the focus of the strategy that I created. I have tested the strategy that I make as much as possible. Have you ever tested your strategy as much as possible.

[elkhawaga]

I myself think that the rush of Almmakd that leads to subconscious is lost profit or loss, but to be impatient patient on the target currency and study well before taking any decision and continued news are those which reflect the price quickly

[rebate lover]

I am very nervous and I can not control my emotions right now I have not succeeded and I started in Forex and it ends and I will be in case of serious tension. But I come back after the loss to enter the market again, so I would bring benefits to offset the loss in my life and do something good.

---------- Post added at 10:54 PM ---------- Previous post was at 10:52 PM ----------

I personally feel very bad when market moves in opposite direction. On that moment, the best method will be waiting for the time until market goes up. This is applicable if you have larger amount of money and you trading lots are small. If you are trading with low money, you should immediately close that order as early as possible or should choice stop loss method.

[samihsamouha]

For me I will open a new order for the position to the contrary, the goals is to minimizes losses. if the price is moving strongly to reduces the losses of the first orders then I immediately menurups oder firstly and tried to gain profit from the second orders !!!

[iwahyudi]

if the price moves against my order so I waited until the saturation point, I mean if I have a buy order and the price moves down (which requires me to order sale) then I would leave it and wait until the point oversell, plainly I open purchase orders using lot bigger in order to minimize the loss of the first order and gets profit

[bunty]

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 so that if prices start rising our positions gets closed with limited loses.

[FREEDOM]

When the market direction against or opposite from my order, usually i use cut lost or locking. These two kind of function can help me from heavy lost and save my account. Just because we don't know where the price will stop and change direction, so it is necessary to use cut lost.

[Nazmul]

when market moves in low and opposite direction then you set a limit of stop loss but you don't worry because the market moves any time and you get profit but here you have enough knowledge of forex market.

[sajal]

When market moves in opposite direction, a trader should close the trade at once with a small loss.He should observe the market movement and again open a trade.I know that what is the feelings when market trend goes to the opposite direction.I have lost more than $300 in Forex as i have not closed my positions whille they were running under loss.I am very greedy and suffering for my greed.