What will you do when you know that just opened the wrong position or entry?

[rrdevmurari]

jab aap koi wrong entry le lete hai to aapko usse turant hiclose kar dena chaiye agar aapka trade jyada loss me ai to usse kam loss me ane tak ka wiat karna hoga fir jese hi kam loss me trade aata hai to usse band karke new entry kari chaiye jise aapko jyada profit mile aur age se khayal rahe ki wrong trade na kare

[hitan]

well absolutely my dear, In forex trading really I can say that if we can judge that we have opened the wrong position then we have to take the protective measures to reduce our loss in the market, we can try hedging the position and then we can take the entry in the same direciton

[hije]

Of course, my bro, obviously, I actually do consider that sometimes, we open a position without any pre-planning. The traders should try to avoid from opening such positions because it takes time to recover such high losses. We should always be planned before opening a trade the outcomes of trade in case of profit or loss .

[yin]

yes brother, absolutely to me, I personally do consider that most of the time is when trading you will know first if the trading goes to the positive then it goes to the negative if you see that after the news there is no way that that you can trade with very well but you have keep in the knowledge I'd it's the best trend is that you have to make sure that trend is well

[mix]

yes brother, absolutely to me, I personally do consider that you should close your trade immediately and bear the or the second option is that you do hedging by opening a trade in the other direction. I think you should close the order as soon as it is revealed that you have open a wrong trade.

[ObaFX]

If you are so sure you opened the wrong position then you should close it out immediately to avoid losing too much on that trade, success in the forex market comes from both making profit and avoiding loss so it will be unwise to accidentally open a losing trade and still leave it open for more loss.

[geometrics pirates]

If you like it, then you can look back on market analysis that you have created in the chart. Due to the precise market analysis, then you can reassess back, if my analysis is in conformity with the market pattern is formed at the time?

[seahawks90]

bhai iss field mein waise toh aisa hona bhauat khatarnaak hota hai kyunki aisa hone pe aapko loss hona shuru ho jata hai mein toh yeh kahunga ki forex trading mein paisa kamana hai toh aapko iss field ko seriously karna zarroi hoga bhai warna iss field mein jitna loss aapko hoga aapne socha bhi nahi hoga iss field mein paisa kafi hai bhai.

[fxearner]

Bhai sabse jayda important yehi rahta hai ki hum log galat order ko turant hi band kar de bhai, agar hold karna hai to kafi jayda bada capital hona chahiye taki margin call waha tak na aa sake bhai, agar margin call waha tak nahi aa sakti hai to hold kar sakte hai bhai.

hanji forex trader ko wrong order ko jada time ke liye hold nahi karna chahiye,trader ko usko jald he close kardena chahiye,trader esme esko ache se samjhenga tabhi wo market me ache se kaam kar sakenga..

[dareking]

hanji forex trader ko apna wrong order jald he close kardena chahiye,esme trader aise market me kaam karenga to uske baad he wo acha kar sakenga,esme trader ko recover kamm se kaam he ho sakenga esliye jada loss na karein..

Bhai sabse jayda important yehi rahta hai ki hum log galat order ko turant hi band kar de bhai, agar hold karna hai to kafi jayda bada capital hona chahiye taki margin call waha tak na aa sake bhai, agar margin call waha tak nahi aa sakti hai to hold kar sakte hai bhai.