How to Decide During a Bad Trade?

[ahmedi]

at the time of encounter situations that are not good, I usually get out of the market. no matter is still floating, the better we relaxed for a moment and calm down. think we will take decisions with a calm heart. if it should be close the position, just do it, take it at that loss. if market conditions are good, we can take profits again.

Forex trade is not about buy/sell only but application of economics and mathematics which is needed to calculate the equity , leverage and lot size and also technical and fundamental analysis to figure out what is going around and factors that can lead to prices of different currencies.

[rahimlakhany]

Traders enter trading with an urge to make profit. For most traders, the inspiration derives from a trader who has performed exuberantly well and who has tapped market at the right time. Interviews from renowned traders inculcate the spirit and thought in the minds of the audience and they endeavor to follow these expert traders. Perhaps most traders fail to notice how the expert traders gradually minimize loss. After all one gets to know it during the course of trading sessions.

Sometime it so happens that a newbie happens to experience a favorable trading on the row and with that in mind he continues his journey. One day that turns his trading upside down will make him highly disappointed. That�s the time when drastic decisions are taken. Since he has not seen loss so far, he would have thought that he is on the right track. A depression in the market is capable of showing you an adverse effect. Perhaps a newbie will never be convinced with this fact. He will continue to trade with the minimum hope that he is left with; the hope that he can earn back everything that is lost.

Very good points dear infact most people do that once they loss they just keep coming after it to somehow earn it back but you should think that if you don't just go blindly after recovering you will recover everything and will infact make profits too.

[rathod]

bad time main trading karna or us me ek sahi nirnay lena toda dificult hota hai.
jab trading time or market acha ni chal raha ho to hame trading nahi karni chahiye. or hame learning achi karne k liye study kar sakte hai.

[ahmedi]

actually ma sometimes profit ma trade close kadta hu.then close kadne ka baad ma instanly aur trades open kadta hu.iska karan fear and greed ha.then trading loss ma chala jata ha and then bahut loss ma pad jata hu.then bahut din wait kadna padta ha recover k liye.e bad trading ha.

any beginner before you commit your hard earned money on a strategy or system, you should test it on a demo account. With this test, you will be able to know how good your strategy is and you won’t risk a dime. Visit a Forex broker and open a demo account. It’s 100% free and it will allow you to grow as a trader.

[puri]

in theory it is very easy. if you have the wrong position, it took only open in the opposite. but in practice can not be that easy. if it was not a new trend, just a correction, then you will be stuck again a bigger loss because the double lot.

[puri]

at the time of encounter situations that are not good, I usually get out of the market. no matter is still floating, the better we relaxed for a moment and calm down. think we will take decisions with a calm heart. if it should be close the position, just do it, take it at that loss. if market conditions are good, we can take profits again.

[puri]

actually ma sometimes profit ma trade close kadta hu.then close kadne ka baad ma instanly aur trades open kadta hu.iska karan fear and greed ha.then trading loss ma chala jata ha and then bahut loss ma pad jata hu.then bahut din wait kadna padta ha recover k liye.e bad trading ha.

[ernestina]

If there is bad time then simply stop trading and be cool and calm, re-think your strategies and re-plan your ideas. Better planning will help you a lot. Don't be anger on any system and be patience.sort out the problem and check the avaiability of best option for the future.

Good tips but as newbie when position is in loss panic will always come so when panic come I think that newbie should do first to close the trade before looking for what cause trade to be bad. If the trader is experienced then he need to first look at possible outcome of trade and then place stops to make sure that if trade get worse he will not have margin call. After this is done, trade can go to sleep.

[hello927]

If there is bad time then simply stop trading and be cool and calm, re-think your strategies and re-plan your ideas. Better planning will help you a lot. Don't be anger on any system and be patience.sort out the problem and check the avaiability of best option for the future.

[100 to 1,000]

i think everything regarding to trading should be decided before we enter a trade so we don't have to be panic when certain things happen because we already have alternative solutions to each market scenario.
i read a quote from professional trader that says "plan your trade and trade your plan". this is simple to understand but its meaning is very powerful.