How to Decide During a Bad Trade?

[olivia]

I think it is wise to get rid of junk as early as possible, if market is moving opposite to our trade there was something wrong in our analysis and so we should admit that and correct it by closing as soon as possible. First of all, you have to be very careful in not to enter any such trade that is more likely to go against you, but as its forex, any thing can happen, then you should do is use stop loss on all of your trades that you are entering.

[teteh]

when you have a losing trade,then there is just one thing that you should do,just understand the market. Are losing on a certain direction action. Just. Understand if you can leave the trade run the market. And how does it affect your account. Its when you know the direction and you are sure that you can close the market. You will go loss,its
not good. I usually close any trade that i know would easily kill my heart and my dedication in trading forex. Its when you realize the mess then and only then that you get to lose.

[kuya]

This post really inspired me. All the newbies should have this patience and the practice to judge the right time of trade. Sometimes it also happened to me when i was new in Forex market. Also it is same for all newbies when they saw a signal they suddenly open a trade do not knowing what may be done after some time, mostly market moves against and that's why newbie blame indicators.

[bloozom]

Usually we get depressed, sad and afraid when we have bad trades. We fear of losing all our money. But fear will just make the situation more critical. That is why in bad trades we should not panic. We need to act sensible and think with calm mind about what can be done to make the situation more easier. We need to search and implement the alternatives to make the bad situations look more easier and less dangerous to our trade

[Ali hassan]

Trade analysis will considerably impact your future commerce performance for higher or worse.

in the short run, with luck, you'll go way while not evaluating your trades. however commerce blindly isn't property, similar to gambling. the important game is to find out what works and stick with it.

You know that to enhance your commerce results, you must keep the great trades whereas hunting down the unhealthy ones. whether or not you stick with your commerce technique or revamp it depends on however you judge your trades.

But most traders area unit evaluating their trades wrong. They don’t apprehend what’s a decent trade.

After reading this text, you’ll apprehend what's a decent trade — people who you must keep taking.

You’ve been suggested to require solely the great trades.

Trading gurus can show you ways necessary it's to stay to the great trades. however not abundant has been aforesaid concerning what makes a trade smart.

You cannot confirm that trade is nice simply by observing its income. within the same vein, a foul trade isn’t simply a losing trade — there’s additional to that.

It’s inconceivable to offer one comprehensive definition of a decent trade. this can be as a result of there area unit many factors to contemplate.

However, their area unit principles you'll have faith in to come to a decision if a trade is nice or unhealthy.

[volatip]

during a bad trade we should forgot about profits and think about how to save yourself from high losses. pointing a mark destination on chart can help us be safe from such trades. decide practically , what you can recover and how to get yourself to the recovering point. use some strategical news or use some expert reviews. Hedging is the best way to minimize the floating loss but we must know the way to hedge because once we start hedging it becomes very difficult to come out of it with a profit. I used to do the hedging if my loss increase so mush that there is a chance of MC

[koplok]

The main thing is that we must have an exit point. Whether our trades are in positive or negative, you must have a good exit point that will aid us to know when to close with losses or profits. Hmmmmmm ya we can learn alot on demo 1st before starting on real. The mistakes we made in demo account will not repeat and will do our best. we have to make,learn new strategies........

[salikin]

That is right, if the market did not catch our stoploss, that is to say, according to our analysis, the market is still on our side;if the trade did catch our stop loss, that is to say, the market condition has changed, we should quit and wait, we just have a loss, no one can win all the trades, so be cheer up;but if we trade without discipline and lose our money, what can we do? we just can accept it and get money to restart, that is it.

[sangkodok]

If a bad trade is already done and you see the losses are there first thing you need to do is not wait for more losses and cut down the losses by closing the trade. Then you should analyze the reasons and then trade later. in my opinion you must decide to stop loss at the same time to avoid the big loss that will be came by waiting and waiting for getting a profit that can't be come because you can't control your physologi at this time .

[densus88]

i totally agree with real fun because if we got aggressive mood in bad trader we close our position very rapidly and same time market want to give you maximum profit so for that spot ,i think we should remain in trader when we got some profit , and should put stop loss on every trade and don`t give long stop loss actually hota ye ha aik trader jeb loss kerta ha na wo is per attention nehe kerta k kuin hua bus kahta ho giya agley baar prfit le lun ga or yehe point destroy ker deta usko, to actually hum serf market analysis ko prefer kerte hain is humhien apne loss ko b analyze kerna chahaye