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

[fxearner]

bhai ji agar kabhi trader wrong trade open karta hai to usko uss trade ko spread ke loss me he kill kardena chahiye kyunki open rakhne se trader ka loss badta rahenga aur yahan loss recover karna har trader ke liye sabse mushkil baat hota hai..

[csdsu09]

Mai loss kar ke koshish karunga ke agli entry ko theek se oprn karu aur usse itna profit karo ke mai apna loss bhi recover kar lun aur baaki ka profit bhi kar lun ye cheez karungam ai aur isse mujeh shyd faida bhi hoga hi

[shinaforex1]

When ever i open wrong entry in the forex market i just open the market immediately because i do not like it to let me lose all my money in the forex market trading business. forex market trader need to be careful in the forex market

[a_for_apple]

a lot of things we can do when we make a mistake in taking positions, one of which was put stoploss
so can we limit our losses. or we can also use other ways. by using hedging system, martingale, or averaging. all depends on how traders anticipate losses they get

[neil92]

Main toh thodi der wait karta hoon agar jyada loss hon lagta hai toh close hi ar deta hoon aur usi direction mein trade open kar deta hoon jaha move karta hai market bahut baar aisa hota hai ke hum galt entry le letey hai par agar hum timely trade close kar le to jyada loss se bach saktey hai.

[sajid1240]

I think that sometimes it happens that due to the pressure of forex trading we will open a wrong position even though the price moves against the position the loss in accordance with that we put sl. This is the risk of forex. we should be able to accept it.....

[FAHEEM66]

Yes i agreed witb your opioion i think ager ham wrong postion lay rahy han to is ka sab say bara waja hamri greed ho skti ha or unpatience ho skta ha and presuree or emotional trade ho skti ha so hamn newbie steps say in chizon say bachna chyay and sikh kar expert bannay ki kishish karni chyay

[f.zaman80]

difficult for the newbie trader like me to make an entry in the right position. this is usually due to impatience in the trade. in fact rarely because of doubt and nervousness so quickly closed position. so fast that the funds in the trading account is reduced.

when I found out I had just opened the wrong position entry then I immediately take a look to the higher timeframe and the possibility margin that I have to cover it? if sufficient, then I let the floating minus, but if not then I immediately opened a new position in the opposite direction to the previous position.

How about you?

jab mein wrong possition mein entry open kar leta hun tu usky bad mein apni trade ko close kar deta hun thory sy loss mein, keun k thora sa loss bad mein recover ho jata hy

[Lubna Fahim]

Jabse maine long term trading karni shuru ki hai tabse main apni har trade ko poori tarah analyse karke hi open karta hoon tabse mujhse ye ghalti bahut kam huye hai k main ghalat trade open kar dun lekin agar aisa kabhi hota bhi hai to main apni ghalti ko aur nahi barhana chahta hoon balki apni trade ko close karke sahi direction me open karta hoon.

[fxearner]

bhai ji agar trader kisi wrong trade ko open kardeta hai to usko wait nahi karna chahiye usko ussi time usko kill kardena chahiye nahi to trader ko fir bahut loss esme uthana padenga aur aise me aapka capital kamm hojayenga..