What to do when market moves in opposite direction ?

[ngadimindjuanchuock]

Stop loss and take profit is more important for the traders as if Stop loss and take profit in Forex trading is not important to use but its very use full to any trader due to the use of this we could escape from huge loss in case of reversal of market as well Take profit works if your analysis goes good and it touch the limit as you set namely take profit means how much profit you want from your trade in fact if we will place the right trades then it will be easy for well tradings

[karmilk]

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.

[mursyad]

While we're sure and surely we must enter the market, because it analyzes it much easier than deciding, so in deciding in the market we have to look at price action and it is better done by m1 time frame analysis, and it will be very useful.

[manos]

When you make a trade in forex trading and watch your trade if the market trend opposite of your trade then must closed your trade and get little bit loss its better for you before you loose your whole capital at once.

[kamakichi]

But still i can say that if you use stop loss it will save your account rather than if we intend to be always watching our trade just open our trade without stop loss or take profit is okey It's easy to set SL and TP but it's not easy to find out the best price to put it so SL won't be easy to be hitted and TP can maximize profit in one transaction while stop loss and take profit are good system for the part time trader with Forex is very difficult for all new traders

[kamakichi]

So having dynamic SL/TP you can change it automatically ba rather than So you can learn it from a skilled traders near by you after all Some traders doesn't like using them and when I started trading forex I don't use it too like Obviously everybody wants to get profit from forex trading but i have lost money at the first time due to the lack of forex knowledge as if hese are traders who do not use stop loss order facilities my advice avoid actions not use st

[arjulko]

at the time of the opposite direction off the market i sometime lock my profit that is take profit or use the stop loss. for this you profit or loss will be stop in the certain point. i think in the opposite direction of the market you should apply the hedging.

[fxghost]

G bhai agar hamari trade ma stop loss hay tu phr hamay darnay ki bilkul zarurat nh hoti hay . kafi zaida traders es business ma stop loss use nh kartay hay aur es wajha sa wo apna account blow kar daitay hay .

Kabhi bhi stop loss lagane ke baad darna nahi chahiye bas agar hum logo ne order 100% apni tarah se dekar lagaya hain to vishwaas yehi rahta hain ki profits ka chance kafi jayda rahega aur loss ka kam

[naziakhan]

bhaiya ji agar stop loss lagaya hain to fir darne ki koi baat nahi hoti hain stop loss agar use nahi kiya hain to fir hamesha yehi dar rahta hain kahi bada loss na ho jaaye isliye kisi bhi trader ka 100% trade nahi hota hain stop loss hamesha use kare

G bhai agar hamari trade ma stop loss hay tu phr hamay darnay ki bilkul zarurat nh hoti hay . kafi zaida traders es business ma stop loss use nh kartay hay aur es wajha sa wo apna account blow kar daitay hay .

[menbonl]

Oh my dear why this question is coming on? Why you open or keep your position alive without setting a important tool named stop loss.If you can set your stop loss with well planed then I think this question is useless.