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

  1. #1415
    Senior Member Jet is an unknown quantity at this point Jet's Avatar
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    Well obviously its very true my bro, and to myself I do believe when ever i open a wrong position in the forex market i open it immediately because the lost my may much in the forex market if i did not lost it in time in the forex market

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  2. #1414
    Senior Member loti is an unknown quantity at this point loti's Avatar
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    well generally, my dear, you are true and to me I definitely do feel 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.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  3. #1413
    Senior Member tinad is an unknown quantity at this point tinad's Avatar
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    Actually my dear, for me, certainly I think there is no double that I must close the wrong entry not matter what. It is important for me to keep my risk low and keep my trading account safe. So, if i just opened a wrong entries, then i must close the trade immediately. it really can help me to maintain my trading account better, and without risky my much money

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  4. #1412
    Senior Member loti is an unknown quantity at this point loti's Avatar
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    well, absolutely I think its truth and I personally believe that I did not realize the wrong position open or wrong entry until I get loss and it has happened to me many times so now I have understood that if you open the wrong position, it simply just closed position

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  5. #1411
    Junior Member Shahzain Rasool is an unknown quantity at this point Shahzain Rasool's Avatar
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    jee aap ki baat tu darust ha ka jub new trader isstra ka start kerta ha tu wo nervoud tu ho hi jata ha tu aisy position main us ko nai samij aata ka wo kia keray lakin maray khyal main tu us ko pehlay hi soch samij ker trade open kerny chai doosery soorat main us ko thoray loss ka baad hi aapny trade ko band ker dana chai .......

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  6. #1410
    Highly Reputed Member shribalajimaharaj will become famous soon enough shribalajimaharaj's Avatar
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    Quote Originally Posted by fxearner View Post
    hanji ess business me trend baar baar trader ko nahi milta hai,trader ko kaafi ache se analysis kkarke he market me trend ko follow karna chahiye,esme trader ko profit par control karna hoga,markket me jada lalach nahi karna chahiye..
    trader ko sahi trend ko bar bar nahi milta hai trader ko agar sahi trend milta hai trader ko trade open kar dena chahiye jisse trader achi trading karke earning kar paye trader ko jaldi nahi karna chahiye patience rakh kar kaam karna chahiye

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  7. #1409
    Senior Member bany is an unknown quantity at this point bany's Avatar
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    well generally, my dear, to me I definitely do consider that when I found out that I have opened a wrong positions then I'll wait for sometime I can recover that loss but if the trend is not changing then I simply close the trade and take a break to trade after some time and be more focused next time on my trade

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  8. #1408
    Moderator fxearner has a reputation beyond repute fxearner has a reputation beyond repute fxearner has a reputation beyond repute fxearner has a reputation beyond repute fxearner has a reputation beyond repute fxearner has a reputation beyond repute fxearner has a reputation beyond repute fxearner has a reputation beyond repute fxearner has a reputation beyond repute fxearner has a reputation beyond repute fxearner has a reputation beyond repute fxearner's Avatar
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    Quote Originally Posted by dareking View Post
    Bhai apko us position se jayda fayda tabhi hoga jab aap jayda trade trend ke sath mein lete hai to bhai, apko trade hold ka fayda hoga bhai, ek badiya profits earning ka mauka milega aur trend baar baar nahi milta hai bhai.
    hanji ess business me trend baar baar trader ko nahi milta hai,trader ko kaafi ache se analysis kkarke he market me trend ko follow karna chahiye,esme trader ko profit par control karna hoga,markket me jada lalach nahi karna chahiye..

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  9. #1407
    Senior Member tinad is an unknown quantity at this point tinad's Avatar
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    yes, absolutely in forex trading, In fact I really find that if i just opened a wrong entry, then i must close the position as soon as possible. We must follow our trading system, if we make mistake, then improve it as soon as possible. Do not let the mistake makes us get so much losses. Then close the entry as soon as possible is the best solution

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. #1406
    Senior Member trendfx is an unknown quantity at this point trendfx's Avatar
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    Yes, it is certainly which for me Id like to believe that its very difficult for new trader to make the good order or to find the good entry point in the good position so if this position is wrong trader must immediately close the open position to avoid a big loss.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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