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shoeib
2012-06-30, 12:25 PM
nopes dude mera yakeen kisi plan b me nahi hai mai hamesha trade karne k liye ek solid strategy banata hun aur zadatar profit hi hota hai phir bhi agar loss hua toh mai apna trade close nahi karta jabb mere paas kafi capital hote hai jisse kii mujhe loss cover hone ki umeed hamesha hoti hai...

kalponick
2012-06-30, 01:09 PM
Actually I cant think about doing anything else.. this is the perfect job for me.. because its suits me in every way.. This is why I dont have that much of PLAN B.. But I have a plan that with my forex earning I will invest in some safer businesses.. like Land Developing, Infrastructure, Fisheries etc..

sanjeeb661
2012-06-30, 04:34 PM
I do always have a plan b.

eliash55
2012-06-30, 04:48 PM
yes i have plan,without plan any business can get any success.my plan is really truthfully,i will try to get profit slowly because suddenly which this trader are getting any profit he must be faile or lost his investment or money.

zaidis
2012-06-30, 05:51 PM
I think in the foreign exchange market and a plan B, just like every time things do not go after you and sometimes you have an alternative plan for the better, the whole plan for the opening of the centers your plan works and what does not before you have done, so you can use an alternative plan to use it.

rasel
2012-06-30, 11:13 PM
If you are a beginner, hedging is not the right strategy for you as you might not be able to handle your hedge trades properly and facing loss more than profit. It is a very yielding strategy for those who have good experience of market price action.

dhalsem
2012-07-01, 01:47 AM
I often wonder while trading if something goes wrong with my strategy there have to be something that is should adopt to lessened my losses. So, I've come up with this question that Do you guys (traders) have a plan b ?
I have a plan B and its called Hedging. I use it when my trades go against my plan A. It does not protect you from losses but it can maintain your loss at a certain level. You can think of many and select the one that suits you best. Share your plan B.

ji haan i beleive in plan B. in forex you must have all sorts plan and you should do whatever you can so many situatiosn wil lcome so you must have plan A , b or plan C even. but I think good traders will always have many options so just give your self options and make it simple.

elking
2012-07-01, 01:48 AM
Certainly must all employees to put more forex from trading plan and work on more of a strategy so that they can gain good will of God, but this requires patience and diligence, and needs to make a lot of fatigue and effort

yoryo
2012-07-01, 02:53 AM
I often wonder while trading if something goes wrong with my strategy there have to be something that is should adopt to lessened my losses. So, I've come up with this question that Do you guys (traders) have a plan b ?
I have a plan B and its called Hedging. I use it when my trades go against my plan A. It does not protect you from losses but it can maintain your loss at a certain level. You can think of many and select the one that suits you best. Share your plan B.

Yes I do have a plan B which means a different strategy in case a trade goes wrong or there are uncertain market conditions or during times when trend is not clear.So a trader should have another plan in mind in case of an emergency.For example one can use Hedging in case of a bad trade or uncertain market conditions.

shosha
2012-07-01, 02:57 AM
I do I use one strategy and work to implement them fully and seriously bring it to the end of the required ... But I do not have an alternative plan in case of a loss ...

skboyra
2012-07-01, 12:34 PM
there is a lot of plan in forex, plan a, b, c. both are more effective for the investment. plan b it is called the hedging techniques of the investment. but if you are a beginner you should not use the plan b because to use this plan you have to gahter vast knowledge. i use it sometime in my trade.

hemaelsisy
2012-07-01, 03:16 PM
i thing trading without plane it lead to loss finally so every trader must have plan in trading to decide profit also decide risk we need to make plane to keep us from losing money

isbhacker
2012-07-01, 03:55 PM
plan b can be a very strategised plan with the help of stop loss and hedging coz with these you can atleast avoid chances of making a huge loss, i also use sl now everytime and i m pretty satisfied and also a bit relaxed coz of it while trading.

Yes I also think that plan B for us is Stop loss .Hedging is not my option But a SL and TP is.I prefer making my plan A successful and with more probability to be successful than making any Plan B.

sapna
2012-07-03, 12:38 PM
Since you mentioned that you do not have any plan only then in your case you need to first develop a plan or Plan A in your case and form a direction for your trading and then later on worry about making a plan B.

mehmoodkhan0345
2012-07-03, 01:07 PM
main nahi rakhta plan b magar situtation k hisab se banata hon plan. agar peghle hi pata chal jaye to b plan nahi banata. kabhi kabhi tension b ho jati hai magar is kaam main maza hai jahan risk wahan maza

Agazaman Awang
2012-07-03, 11:48 PM
sound arogant to me if no plan b. i usualy use counter trade to recover my lost f trend not by my side. if the trend go down while i buy. then i open 1 position sell to counter my buy position. after some period time when sell lose momentum i close my sell position take profit and buy in dip while the price rebound almost half of my 1st buy position, i close my open position altough i a bit los but actualy i win becouse my sell profit are greater than my buy plus i buy in dip add my profit

sapna
2012-07-04, 12:01 AM
mere pass koi plan b nahi hai.
main to sirf abi demo account main trading kar raha hu. bas maine money management main rakhar trading karne ka plan kiya hai.
agar main success hua to kuch money main backup ke liye rakhuga.

sapna
2012-07-05, 11:03 PM
me apki strategy se bilklul bhi sehmat nahi hon kyunki mujhe lagta hai ki hedging har trader ke bas ki bat nahi hai
aur rahi position ulta jane ki, to aise cases me aapko stop loss laga ke rakhan chahiye jisse ki position ulti jane ke bad close ho jaye aur uske baad ap fir se trading pe dhyan de sae na ki hedge karke apni dono position ko fasa ke market

khaled6969
2012-07-05, 11:17 PM
Alternative plan is to study the reasons for the loss and not use it later on and this is by an expert in trading or are you personally and try to Strategic Account Subscribe demo before the real

aalul
2012-07-06, 02:15 AM
A trader needs to trade with his basic and main strategy most of the times which can be called Plan A in this case but due to risky nature of these markets and unpredictable attitude of these markets it is important to have a contingency plan which can be Plan B in this case
I know that plan b is very useful to withstand losses in order not to deplete the capital or in other words the meaning of plan b to withstand the losses caused by the differences with the predictions of market realities and perhitngan trader, and I always prepare it, and I think this is a fixed rule for any professional trader

yogesh
2012-07-06, 02:20 AM
A succesful strategy should have a back up plan or say plan B. It ensure that in times of crisis or when something goes wrong you still have the means to survive in forex market and can come out of any losses if occurred. This may be by way of having another account where funds are loaded but you dont touch it until it is emergency or any other similar means.

noursha
2012-07-06, 06:04 AM
If you are thinking about alternative plans, that means you are thinking about alternative positions. It is like that, if a trade go against you you should be ready with you counter position with that if a buy go against you and hit the stop loss the sell will automatically take off from the terminal.

Autitt
2012-07-06, 08:31 AM
I think myself as a smart person and my activities should show the smartness also. I always have plan B , plan C, plan D or plan E. But the plan A comes out always to be perfect and other plans are not needed to be used.

rosni
2012-07-06, 08:59 AM
I opine if you are mitigated in your one counseling the do not try to change it again and again as it may break your tradings. if you want to difference your project then use it in demonstrate archetypal. I always try to adhere to exclusive one arrangement

mesbahjsr
2012-07-06, 09:57 AM
i think that plan B can not applied always. when i see that the market condition is not so good then i use the plan B. i think that plan B plays a vital role in this trading market.

hendarto
2012-07-06, 12:56 PM
I have a target of B, when the target of A is not going well. because a lot of possibilities that will happen, we must be ready when it is in a difficult situation, we must get out of pressure. so that we can analyze with good.

jimloveski
2012-07-06, 01:37 PM
Instead of plan B i try to patient and never give up. No matter what happend, I 'm still learning and trading.
So i guess this is my Plan B - I try to learn from my mistakes.

edmar6969
2012-07-06, 02:37 PM
Every trader should have a trading plan B, so that when plan A failed we can immediately apply plan B.
If we don't have a backup plan, our account may got margin call when there is some error or mistake in our analysis.

joe12
2012-07-06, 02:46 PM
having plan b is needed for you to decrease the loss of your profit. Using this minimize your loss and giving you knowldege in doing this business

isbhacker
2012-07-06, 02:49 PM
i think you are saying that open an opposite trade or hedge.Both are not good in my view for hedging we have to pay spreads and our working capital is also used and for other it is also not good.

nowsha
2012-07-06, 02:55 PM
I am assuming that it is e'er great and helpful to hold an alternative counsel righteous in somebody our front plan fails to work. More traders do not yet pain most organization B seeing that making intend A is often very provocative and laborious.

sharabela
2012-07-08, 10:11 AM
I have a plan B too. As we all know Forex market is very uncertain, so we have to have our plan B ready. This is how we can manage our money better. Hedging is a good option to be a plan B.

asadkayani345
2012-07-08, 10:46 AM
I often wonder while trading if something goes wrong with my strategy there have to be something that is should adopt to lessened my losses. So, I've come up with this question that Do you guys (traders) have a plan b ?
I have a plan B and its called Hedging. I use it when my trades go against my plan A. It does not protect you from losses but it can maintain your loss at a certain level. You can think of many and select the one that suits you best. Share your plan B.
that is very good idea which you have planned because hedging is very good thing in trading yeh ap ko aik lambay and baray loss se bchati he or ap k acount ko band kar deti he ap jab munasib samjhein to is ko open kar dein to ap ko aik acha profit a sakta he

fortuna
2012-07-08, 11:17 AM
I don't really like to hedge as I find that it locks your capital up in both position when you can be at the sideline waiting for opportunities to appear. I would close my trade instead if I found out that the trend is not in my favour. Hedge is only useful when you are managing a large sum of money and you can't close your position.

talebdpmg
2012-07-08, 11:21 AM
Yes friends, I also think every trader should have a plan B that is alternative plan when the mail plan faces the loss. Then alternative plan can be used to minimize the losses.

bestlooser
2012-07-08, 01:09 PM
yes it is just common sense then only a single plan can not work in all kind of different situations and this is where as a trader you have to be fully prepared and make many plans you want there is no limitation and just be ready and prepare yourself and always think about different plans and keep on thinking about different situations and have nice dreams.

mahmood
2012-07-08, 01:13 PM
Always we do the trading in Forex according to some trading plan and by following a strategy but sometimes due to the volatility of the market situation may go otherwise in that particular time to be readjusted with the situation it is always better to have a plan B.

computers
2012-07-08, 02:07 PM
I dont have back up plan when I was in the forex loss. I just had to stop a while and stay away from forex, to refresh my mind. My way to cover the loss usually stops trading, because if the mind is stressed, open positions are not good.

Ben Jones
2012-07-08, 04:09 PM
yes of course. all professional traders should have plan B in order to have a backup to their strategy if their main plan A failed. that help making a fast decisions

computers
2012-07-08, 07:39 PM
Mera plan b tu mostly ak different strategy hoti hy us sy jo ma use kr raha hota hn, i think jyada log plan b ko b sath ly k chlty hen but jo experts hen unka plan A itna strong hota hy k plan b ki jarorat nhi hoti.

betarf
2012-07-09, 11:08 PM
yes of course i do not plan b only i have many plan and i use it all at the same time i have multi account and i have a good management for each one but in forex market many of plans will lose and some plan will save me from the biggest loss.

nilakash
2012-07-10, 05:26 PM
My beloved while designing your scheme you ask to build backward up architectural plan. When the markets all of a sudden pick up and get moving in an opponent direction, you should be able to quickly adapt to the changed circumstances and still make gains, or at least limit your losses. Stay committed to your strategy even in face of short term losses. Don't expect vast gains at once. It is necessity to bring about decent clock for an investment plan to adjudicate in forex trade.

Agazaman Awang
2012-07-12, 10:03 PM
if want play safe try breakout strategy and make sure you learn support and resistence this is key level. support and resistence the easy to find it by using ichimoku indicator where so far i use it with default adjustment and never screw me. otherwise u use fibo combine with clasic style.

lap
2012-07-13, 12:27 PM
Using hedge is not just simple, it also requires a lot of practice and understanding or market. Your slightest of mistake can cause you to lose on both ends or if market move too much in one direction, then you will become more worried.

hanna
2012-07-14, 12:04 AM
Olane b is the great stragety for the trader.It is wonderful for us.i also use sl now everytime and i m pretty satisfied and also a bit relaxed coz of it while trading. i beleive that we will be success in the forex market.Thanks alot for your trading

lagarfeld
2012-07-14, 12:07 AM
I don't use a plan until I'm convinced it's the right plan in every aspect so I don't consider any plan B If my plan fails that's my failure and I assume it I don't belive in the"planB" thing.

Jenny
2012-07-14, 12:14 AM
I will support you that moment because I think that you have gone to the right way. Here you also mention about position that
is also a good factor of Forex.

mokas
2012-07-14, 12:29 AM
yes of course i have a plan b because if our trade is based only in one plan we can lose and then we don't have a flexibility to use another plan b for resolve the problem, this is not only in forex but in life in general

Agazaman Awang
2012-07-14, 12:51 AM
without plan B better dont trade becouse we never knew our main strategy will fail or success. if something wrong with the market we and market against you better you watch out to raduce you lose and counter trade or hedging of you lose trade. thank to insta forex give us hedging for counter trade to minimize our lose.

khaya
2012-07-14, 01:00 AM
I always prepare a plan B to deal with the market moving in the prediction and often difficult to surprise, with a backup plan this course are intended to facilitate decision-making at the time I need a change in plans

challenger ab
2012-07-14, 01:14 AM
i think planning B very important because the market not trust and may be reverse on you in any time so the smart trader always have plane B to be ready for any change or any decrease in the capital and the planning B must be strong than first because we will use it to save us from market

fazeel khan
2012-07-14, 01:55 AM
phele to to main apni analysis kay bad trade opne krta hon agr mjhy loss ho jae to main kis bhi trader kay signal ko follow krta hon .or uski strategy kay baray main phouchta hon

jans
2012-07-14, 06:14 AM
This matter goes back to late if he wants to have two plans
Works out a basic plan and other plan B

Rahul
2012-07-14, 07:32 AM
plan b can be a very strategised plan with the help of stop loss and hedging coz with these you can atleast avoid chances of making a huge loss, i also use sl now everytime and i m pretty satisfied and also a bit relaxed coz of it while trading.

plan b ...i dont have any plan b when trading ..well thats the good option to think i must prefer it ...well thanks for suggestion..but i dont think so till that i am not able to make a plan b..can you plz tell me plan b that may be helpful in trading when i am in loss

lolita
2012-07-14, 08:19 AM
the hedging is not the faction strategy for you as you might not be competent to handgrip your security trades decently and protection loss author than profit. It is a really relinquishing strategy for those who someone discriminating get of industry cost mechanism.

kheya
2012-07-14, 08:21 AM
Yes I believe in plan B. on point of my view, every good trader have some self-short plan it is must useable. Plan B is much strategized plan that can be help to stop our loss. so I have always have plan B.

sujarman
2012-07-14, 08:24 AM
Yes I believe in plan B. on point of my view, every good trader have some self-short plan it is must useable. Plan B is much strategized plan that can be help to stop our loss. so I have always have plan B.

yes, everyone must have a plan before doing a job to get the maximum results and should have the calculations and will want to carry around every incident that occurs.

bambobee
2012-07-14, 09:26 AM
hello bro,
In personal experience say backup plan always save your money when you face the loss. And every trade have other plan B or backup plan which save him after market movement. If your strategy not work properly then backup plan help you to overcome this problem.
good luck

fakermane
2012-07-14, 12:40 PM
our Plan is not always Works as we Expected before, so Back Up Plan is Important to Anticipate the worst Scenario.. I am Personally mostly use only one Plan and if that Plan Fail then I will just Stop Trading..

gaga
2012-07-14, 07:36 PM
Hedge is not the right strategy for you, a person who has good experience in the market price action that you may not be correct to address a hedging transaction in the face of loss rather than a strategic advantage to give it up

victorforex
2012-07-14, 08:20 PM
I not have the plan B yet because I have only strategy for making trading in the forex. Maybe when I now make good experience in the forex, then I come up with new strategy that do back up for me in the trading.

dhiraj
2012-07-15, 08:48 PM
me apki strategy se bilklul bhi sehmat nahi hon kyunki mujhe lagta hai ki hedging har trader ke bas ki bat nahi hai
aur rahi position ulta jane ki, to aise cases me aapko stop loss laga ke rakhan chahiye jisse ki position ulti jane ke bad close ho jaye aur uske baad ap fir se trading pe dhyan de sae na ki hedge karke apni dono position ko fasa ke market

oscar
2012-07-15, 08:54 PM
I have never made a plan B and have ..
I only have one plan for trading ..
I have patience and discipline to implement my plans, and trying to survive in the forex with my plan

sufi
2012-07-15, 09:07 PM
If you are a initiate, hedging is not the reactionary strategy for you as you strength not be able to palm your evade trades decently and tackling deprivation more than make. It is a very relinquishment strategy for those who love swell participate of marketplace damage process.

goldenmember
2012-07-15, 09:22 PM
It is good having plan B, because honestly most traders do not even have plan A! I do not like the idea of hedging though. I hedged once and I had a margin call, so I will never do it again.

challenger ab
2012-07-15, 09:37 PM
trading in Forex need plane B because the market always reverse and our trading suffer from loss floating ad we cannot close it on loss but if we have plane B we can success to recover the loss and turn it to profit but to sure from this planning

zeshan
2012-07-16, 11:14 AM
i think the loss and the profit is the part of the trading it is he best for the traders the traders can make the more money form the trading so don t heart

shohandx
2012-07-16, 09:03 PM
Yes i use plan B in forex trade when my plan b failed. plan b actually is more strong and different then plan A. so when i am in danger i usually use plan b in my forex trade.

abdulrazzaq
2012-07-17, 05:33 PM
Because I am a newbie I have not any idea about plan B but I sure you will be able to get a useful and helpful response in regard of your question from this valuable forum because this forum is great source of it.

tarun2305
2012-07-17, 06:14 PM
Plan is main part of any business.when you can tread good plan i think you success this market. It is so good.so i always plan

haan bina plan B ke aap trading karenge to aap ko thhoda sa risk lena padega aur aise hi trading karne se pahle har trah ka plan apke pas pahle se preplanned hona chaiye taki koi bhi risk na lena pade

huzefak85
2012-07-17, 09:29 PM
If you are a starter, securing is not the right way of you as you might not be able to deal with your protect investments effectively and experiencing reduction more than revenue. It is a very producing way of those who have good encounter of rate activity.

amero
2012-07-17, 10:27 PM
Yes, to be on any person or dealer in foreign exchange market to have a Plan B in the trading
Because the foreign exchange market is always changing and there is no plan or method of trading or one strategy fit with him without being developed and work on it in line with market conditions continuously

Agazaman Awang
2012-07-18, 10:38 AM
plan B must have dude without plan b you doom. plan b can be as simple as limit you losess and dont shy to close you post at loses when u can reentering you post to the winning post.

mesbahjsr
2012-07-18, 11:23 AM
no i do not have always plan B, sometimes when i can not make profit from my own plan i use the plan B. i always try to apply my own plan in the trading market.

cozard007
2012-07-18, 12:47 PM
As far as i am concerned i have plan B and plan C. The plan B is to trading another assets like the crude oil, the plan C is to get another external investment for better results.

nigar
2012-07-18, 12:51 PM
strategy w could be a really strategised strategy by using cease reduction as well as hedging cause with one of these you are able to at least prevent likelihood of creating a large reduction, we additionally make use of sl right now each time as well as we michael fairly happy in addition to a little bit calm cause from it whilst buying and selling.

vbalan
2012-07-18, 12:57 PM
I dont have back up plan when I was in the forex loss. I just had to stop a while and stay away from forex, to refresh my mind. My way to cover the loss usually stops trading, because if the mind is stressed, open positions are not good.

Chi Pheo
2012-07-18, 01:02 PM
yes, my friend. Everthing is good if you have another plan when you lose with the plan you made. In my opinion, we can not understand all reaction in forex market. And to protect your risk maximum, traders need to have a replaced plans for their trading

suresh
2012-07-18, 01:03 PM
Mera plan b tu mostly ak different strategy hoti hy us sy jo ma use kr raha hota hn, i think jyada log plan b ko b sath ly k chlty hen but jo experts hen unka plan A itna strong hota hy k plan b ki jarorat nhi hoti.

khanam liza
2012-07-19, 01:42 AM
Sorry friends i'm a newbie and i wanna to know what is plan B. is there have any strategy ? when we can used it ? Plan B is any indicator or readmitted plan in forex . share in details for better understanding.

cozard007
2012-07-19, 02:05 PM
In my trading, i surely have a second plan really, the reason for my plan B is that i don`t want to depend on the Forex trading itself, my B plan is outside trading forex.

SAEED
2012-07-19, 02:13 PM
No,i have no plan B always.but sometime i set a plan B.Some time plan B helps to cover Losses of plan A.But we should not over trade by having a plan B always.

mou3ad15
2012-07-19, 07:38 PM
It is more safe if you have maybe 3 or 4 plans,i also have plan B,this is different strategy and when something goes wrong i'm ready to react.I think every trader must have minimum 2 plans if he want to don't have problems.

nadaa15
2012-07-19, 07:41 PM
Planing is important part in trading. If plan A doesnt work, we can shift to plan B and gain profits.

abdulahi
2012-07-19, 07:43 PM
a good forex trader allways have the way of in trading plan before goin to the the market,you suld do all your analyzes well before go in to the market no mistake to find your when your entry point and take profit and allso stop loss

usama12
2012-07-19, 07:44 PM
yes of course i must make a plan when i start my trading because in Forex business plan and money management is very important rule....so always must takes plan for your trading....then you can get more profit....

fakermane
2012-07-19, 08:43 PM
n forex you must have all sorts plan and you should do whatever you can so many situatiosn wil lcome so you must have plan A , b or plan C even. but I think good traders will always

Yes, that is True. we just need to react when the Market act.. Plan B and other Plan is Important whether it is to Minimize the Loss or it can also maximize the Profit, such as open another Position when the first Position running in Floating Profit..

mojan
2012-07-19, 09:58 PM
Yes i always have a plan b i do not just trade with one account i have multiple accounts that help me do it and i do not trade all of them the same currency since its risky thats my plan.

ToengToeng
2012-07-19, 10:04 PM
Actually no. Because currently I'm still experimenting with various strategies and management to trade. I'm now still in the search of finding the most comfortable strategy for me to trade with. But, actually I used to trade with one strategy in which I always had a plan B. But now, that strategy proves to be not profitable enough for me.

vbalan
2012-07-20, 11:25 PM
there is a lot of plan in forex, plan a, b, c. both are more effective for the investment. plan b it is called the hedging techniques of the investment. but if you are a beginner you should not use the plan b because to use this plan you have to gahter vast knowledge. i use it sometime in my trade

got2luvyou25
2012-07-20, 11:38 PM
there is a lot of plan in forex, plan a, b, c. both are more effective for the investment. plan b it is called the hedging techniques of the investment. but if you are a beginner you should not use the plan b because to use this plan you have to gahter vast knowledge. i use it sometime in my trade
aik acha trader wob hota ha jo logon k bajye khud aik ek plan banata ha or fir us ke bad us ko demo account per test kerta ha ager to demo account ko successfully pass ke lerta ha serf usi k bad aik trade us terhan ka plan real account per implement ker sekta ha i think this is so far

prem73
2012-07-20, 11:49 PM
yes i always plad this market becaus i am a trader it is my main duty. i try to forex trading to beter and beter.i use it when my trades my plan B. i can think this matter great and great so i can share this post.

solidperson
2012-07-20, 11:58 PM
yes i have always stay with plan B ..we know that Forex market is very dangerous sometimes and it can destroy our account so easily if we made some major mistakes form our excitement ..so we should keep our plan always for danger situation and i think we need to store some percentage of money as back up plan

ronin
2012-07-21, 02:10 AM
seems to have a second plan is necessary, because I always let anything happen like what it is. even when I open position occurs floating large enough, I still leave it up to hit stop losses by itself.

gaga
2012-07-21, 12:40 PM
If you are new about the hedging strategy, is to produce people who can handle properly hedge transactions, in the face of losses than gains, he has good experience of the market price action is not possible, but not the right strategy for you.

shuchi
2012-07-21, 07:16 PM
I do acquire a system B which substance a variant strategy in housing a switch goes criminal or there are groping industry conditions or during times when discernment is not unencumbered.So a dealer should hit other arrangement in aim in casing of an emergency.For instance one can use Security in containerize of a bad trade or indefinite

nazmulhyder
2012-07-21, 10:31 PM
i am not clear about plan A and plan B. what is that? but whatever i have understood from your description here is that when your trade is in a losing position then you place a opposite trade to minimize your losses. i would like to say my bro this is very very risky. you have to be more confirmed in case of this kind of trading and you also have to stick on your PC always. otherwise you could lose by either trade. better you accept the losses and make a better analysis and strategy.

Awaischamp
2012-07-21, 10:34 PM
g han main pahlay sy hi apny plan bana lata hon k agar mara ek plan na kam ho jaya tou mara plan b zaror kam aya ga mujy agar loss hota hai tou profit kamany k liya plan b hota hai

zahid2512
2012-07-21, 10:41 PM
yeah i have plan B and that was hedging ,i just open my trade when i saw my uses indicator positive news then i tried to start my trade with the signals on the indicator,and it give good result to me

Awaischamp
2012-07-21, 10:43 PM
g han mara always plan b hota hai ku k mujy pata hai k agar mujy loss ho raha hai tou mujy plan b istamal krna chahiya hai aur main apny plan khud banata hon

zibon
2012-07-21, 10:44 PM
I must say plan b can be a very strategist plan. this plan help you avoid chances of making a huge loss and keeps your capital. For this reason it is also called "money backup" plan.

abdulahi
2012-07-21, 10:53 PM
to have plan is part of system on forex someone need to have in own plan of trader,be a good forex analyzer you have to have fisrt and have confindence over the plan

maesa
2012-07-22, 12:54 AM
I always prepare a plan B which is a backup plan that I use to anticipate the unexpected situation and serves to protect the account of greater losses

isat
2012-07-22, 01:32 AM
I have a arrangement B. if my open posture is viewing signs of a losing trade I immediately unresolved an opposite position to sideboard my loses. Actually you strength phone it equivocation. but it is the exclusive way I undergo how to protect my invoice. But sometimes it is also a bit dangerous because the market acts special sometimes

sonjoy8
2012-07-22, 02:02 AM
forex is a game for online trader for this demo accounts ha bai main heading karta hu ager mera position mere agienst chala jayya for online trade market.

asmoshaa
2012-07-22, 02:04 AM
yea , i think their is nothing to do during the trading if we do all what we must do before the trading , what i mean is if we make a good plane and put some successful strategy , and for sure put plane b and other one for lose , so we can decrease the loss level .

yogesh
2012-07-22, 02:17 AM
My second account is my plan B and whenever my first account get stuck as i have trades opened but need to wait to close them, any coming opportunity i see i use my second account.

badar
2012-07-22, 02:41 AM
I am a beginner so I am at the level of making the plan A first. I think that it will be very great that I start preparing my trades for the market conditions and then have the alternative methods to control them.

wulandari
2012-07-22, 02:50 AM
I am a beginner so I am at the level of making the plan A first. I think that it will be very great that I start preparing my trades for the market conditions and then have the alternative methods to control them.

yes, you need to have backup strategy when market isnt in one way with our prediction, also remember to have good money management, its really help you to stay away from margin call, and survive in forex for a long time

suresh
2012-07-22, 03:47 PM
Using hedge is not just simple, it also requires a lot of practice and understanding or market. Your slightest of mistake can cause you to lose on both ends or if market move too much in one direction, then you will become more worried.

pyro
2012-07-22, 04:02 PM
having a plan b can be of great help. as easy as it sounds it is not that easy to always execute a plan and also get the desired results. so having a plan b is important as we can ensure that we dont lose and that we can profit from our tradings.

Forex oscar
2012-07-22, 04:11 PM
plan B is a part form plan A but I don't have a separate strategy B it is a good Idea to have a one but I still making a plan A and after finishing it I will try to find a B

roshan
2012-07-22, 08:23 PM
me apki strategy se bilklul bhi sehmat nahi hon kyunki mujhe lagta hai ki hedging har trader ke bas ki bat nahi hai
aur rahi position ulta jane ki, to aise cases me aapko stop loss laga ke rakhan chahiye jisse ki position ulti jane ke bad close ho jaye aur uske baad ap fir se trading pe dhyan de sae na ki hedge karke apni dono position ko fasa ke market

Narr
2012-07-23, 07:19 PM
think good traders will always have many options so just give your self options and make it simple.best thing to do is thaey make sure that our backup plan is executed when we make some loss from the Forex markets and thus become ready for the future.

sazzad
2012-07-23, 07:22 PM
Yes i also have plan B during my trade but i use this very few times in my trade because my plan A is very good for me and i am getting very good result from this, i think i can continue this to get profit but if i see that my plan A is not working then i use plan B.

wahidaaa
2012-07-23, 07:32 PM
In my opinion a good trading strategy always contains a plan B and in my view the hedging is not the plan B,the plan B is basically the proper use of the stop loss and the take profits.The hedging should be used as a last resort to save the accounts from draw downs.the more calculated we try to trade including the setting of these parameters the more are the chances that we will get good results in the trading.

biku23
2012-07-23, 07:41 PM
of course I have plan B. but this plan is going wrong with my strategy because it can't reduce losses. as a result I am now using hedging so that my trade goes according to me. and it can resist my losses and occur profit.

marunet
2012-07-23, 08:08 PM
if your strategy doesn't work,then you want try to trade.at first try to understand which is the reason of your loss and try to recover the problem then trade again.

yes you are right, if we already have a strategy, and we have failed with our strategy, we must be willing to make corrections and fix our mistakes, and do not continue the trade before you get a solution to your error.

jamalsale
2012-07-23, 08:08 PM
everyone needs to have a plan B. because we can't know where the markets well be against us.
for me I have a plan B and C. as having another capital in cash for starting again if I lost my initial capital.

maheshputta
2012-07-23, 08:15 PM
i never had any thing like plan B but i good to have any thing like plan b but it should be like a good plan to make good profit .hope this help

Isafan87
2012-07-23, 08:35 PM
I often wonder while trading if something goes wrong with my strategy there have to be something that is should adopt to lessened my losses. So, I've come up with this question that Do you guys (traders) have a plan b ?
I have a plan B and its called Hedging. I use it when my trades go against my plan A. It does not protect you from losses but it can maintain your loss at a certain level. You can think of many and select the one that suits you best. Share your plan B.

Hmm, from my point of view, I don't have plan B for my trade. When there's a problem or market is going the wrong way from my trade, I will remake my strategies on the spot by observing the latest market conditions. I will try to come up with a profitable strategies and avoid loss.

forexstudentforever1
2012-07-23, 09:58 PM
In my opinion a good trading strategy always contains a plan B and in my view the hedging is not the plan B,the plan B is basically the proper use of the stop loss and the take profits.The hedging should be used as a last resort to save the accounts from draw downs.the more calculated we try to trade including the setting of these parameters the more are the chances that we will get good results in the trading.Thanks a lot for giving your precious advice for us. We obviously need to set stop loss and take profit I think It is plan B.

nurhidayah
2012-07-23, 10:02 PM
Hmm, from my point of view, I don't have plan B for my trade. When there's a problem or market is going the wrong way from my trade, I will remake my strategies on the spot by observing the latest market conditions. I will try to come up with a profitable strategies and avoid loss.

losses will be avoided from the transaction process should be the provision of our own understanding of each process with clear steps that we can understand very well about the conduct of the obvious trade rules based on a legitimate method of trading for us as a trader

nadeem33aslam
2012-07-23, 10:05 PM
hedging save rakhnay ka aik behtreen source hai jo baz auqat apko baray baray nuqsan se bacha laita hai iski wajah se hum tension free ho jatay hain aur relax ho kur
next step lay laitay hain

Awaischamp
2012-07-23, 10:08 PM
yes i always have plan b ku k mujy pata hota hai k agar mara plan A k hasab sy mujy profit nahi ho raha hai tou plan B hai na main us k zariya is sy acha khasa profit kama sakta hon

shozeb
2012-07-23, 10:31 PM
mera maan na hai ki forex trading ek bahot hi risky bussiness hai gar aapne galat trade ki hai toh aapka account khali hote der nahi lagegi agar aapne SL use nahi kiya hai toh,so aisi cndtn me plan B ki koi zarurat nahi padegi... forex me sirf aapko Plan A par dhayan dena chahiye..

tonmoy
2012-07-25, 01:37 AM
plan b can be a actual strategised plan with the advice of stop accident and ambiguity coz with these you can atleast abstain affairs of authoritative a huge loss, i aswell use sl now everytime and i m appealing annoyed and aswell a bit airy because of it while trading.

torquee
2012-07-25, 03:20 AM
i do have a plan B and i call it as the rescue plan and that is very essential because you do not just close the bad trades rather you rescue them so that you have the balance of the loss

gandha
2012-07-25, 03:27 AM
i do have a plan B and i call it as the rescue plan and that is very essential because you do not just close the bad trades rather you rescue them so that you have the balance of the loss
all traders should have to have a second plan, this is done after we have open positions
how many pips targets that we will reach, and how many pips loss that will be ready to accept if we have lose.and what to do next in order after the first we've come to the target (profit or lose)

norix
2012-07-25, 03:52 AM
plan b can be a actual strategised plan with the advice of stop accident and ambiguity coz with these you can atleast abstain affairs of authoritative a huge loss, i aswell use sl now everytime and i m appealing annoyed and aswell a bit airy because of it while trading.

My plan is a plan B for the unexpected, when entering the market is not as expected then I use plan B, so it was an emergency we can still trading and profit, although it is very risky, so we must always be vigilant when executing transaction

kaia
2012-07-25, 04:06 AM
Of course plan B that should always exist, it is one way to solve the problem if we face a problem that can not be resolved with plan A. Due to changing market situations tend to change, it is recommended as a trader we must be more vigilant.

surip
2012-07-25, 04:39 AM
My plan is a plan B for the unexpected, when entering the market is not as expected then I use plan B, so it was an emergency we can still trading and profit, although it is very risky, so we must always be vigilant when executing transaction

correct sir, it must be associated with everything we have planned to make a profit purely, with many plans we would have to push up any losses ever experienced but I think it it takes a lot of money

rpi85_fx
2012-07-25, 05:09 AM
Yes I always like the plan B.I think that this is the great back support in forex trading business.plan B always support us for back up.I also think that its sweet able/helpful for bigger account.I think that plan B should not use by the small account.

solidperson
2012-07-27, 02:59 PM
yes i have always plan B ..and i think we all should having the plan B which should be as back up money ..i think we need to invest only 40% of our money for the first time and when we are seeing huge loss or having critical moment that time we should use our rest of money and active our plan B

mcceducation
2012-07-27, 03:59 PM
I often wonder while trading if something goes wrong with my strategy there have to be something that is should adopt to lessened my losses. So, I've come up with this question that Do you guys (traders) have a plan b ?
I have a plan B and its called Hedging. I use it when my trades go against my plan A. It does not protect you from losses but it can maintain your loss at a certain level. You can think of many and select the one that suits you best. Share your plan B.

no i cannot use plan b because i am all ways use the stop loss so all time the stop loss protect my present capital so no need to plan B.

salati
2012-07-27, 07:31 PM
I often wonder while trading if something goes wrong with my strategy there have to be something that is should adopt to lessened my losses. So, I've come up with this question that Do you guys (traders) have a plan b ?
I have a plan B and its called Hedging. I use it when my trades go against my plan A. It does not protect you from losses but it can maintain your loss at a certain level. You can think of many and select the one that suits you best. Share your plan B.



hi friends,

obviously , Then we should always move to plan "B" because Its better to analyze the faults in plan A if we fail in that. We should always upgrade our strategy not to find another one. That strategy should suits

irfankhan640
2012-07-27, 07:42 PM
Yes Plan B is very useful In Forex if you are loosing in Forex so you must have a plan to get out of the trade.

persie
2012-07-27, 07:47 PM
Preparation for the loss is very important in Forex trading if we prepared loss then we face can't loss but if we make good planer and adopted stop losing strategy then it is batter for all newbie

sunnyboy
2012-07-27, 07:51 PM
Hedging ak achi strategy hy but ic ko apply kernay sy pehly market ki situation ko daikhna perta hai, agr to apko clear idea ho jaye k trend ab change ho raha hai to apko chahay apni open position ko close ker k trend ki direction main new position ko open krain but agr aisa nahi hai to hedging apply krnay main koi problem nahi hai

mdkhan
2012-07-27, 08:10 PM
All of we know that people make only one plan to get his success. The successful person not only make one plan but also make other plan. when plan a is not possible they use plan b.

nurhidayah
2012-07-27, 08:16 PM
All of we know that people make only one plan to get his success. The successful person not only make one plan but also make other plan. when plan a is not possible they use plan b.

plan that is tailored to the trade rules that we will make as a process that we can understand and live with some decent trading rules to we get to our understanding of the rules themselves with the procedures we live with every procedure that we think is safe

Pereira
2012-07-27, 08:40 PM
it is a good idea to have a plan B , to be on the standby mode . if your A strategy fail, you quickly switch to plan B , that doesn't means that you will trade with two strategies it is only one at a time

nonprado
2012-07-27, 09:43 PM
plan b can be a very strategised plan with the help of stop loss and hedging coz with these you can atleast avoid chances of making a huge loss, i also use sl now everytime and i m pretty satisfied and also a bit relaxed coz of it while trading.

If you are a beginner, the coverage is not the right strategy for you that you might not be able to manage your hedges and properly deal with the loss of more profit. This provides significant performance for those who have good experience of the market price action.

Awaischamp
2012-07-27, 09:49 PM
g han mary pass hamasha plan b hota hai mujy pata hota hai k kabi b mujy loss ho sakta hai lakin main apny plan b use kr k loss sy safe rahta hon aur acha earn krta hon

mohosin
2012-07-27, 10:07 PM
I don't know what is plan b? How can I do this plan and how it can be effective.

got2luvyou25
2012-07-27, 10:15 PM
no i dont have any b plan, i just wait for my price to come back and if i got margin call then i make new account and start again ,never give up baby

well see dude ager apke pass plan b nahi ha to market main recklessly trader ker rehe ho or jeb tek ap serious ho ker trade nahi kero gey to teb apo market main khud ko winner nahi bana sektey

shimul992
2012-07-27, 10:16 PM
I often wonder while trading if something goes wrong with my strategy there have to be something that is should adopt to lessened my losses. So, I've come up with this question that Do you guys (traders) have a plan b ?
I have a plan B and its called Hedging. I use it when my trades go against my plan A. It does not protect you from losses but it can maintain your loss at a certain level. You can think of many and select the one that suits you best. Share your plan B.

this plan b can be a very strategised plan with the help of stop loss and hedging coz with these you can atleast avoid chances of making a huge loss, i also use sl now everytime and i m pretty satisfied and also a bit relaxed cause of it while trading.

themefast
2012-07-27, 10:17 PM
hello bro,
I have my own personal strategy. And i called it plan B. My plan B is to wait for the markets and then trade only when the trend is clear and we are able to see the signals. This is so because we cannot risk of loosing all the capital that we have with us at anytime.
best of luck

adedayo
2012-07-27, 10:19 PM
really i think that every one needs to have a plan when trading forex you must make sure that you have a goal and always follow the plan because with that you would always make good trading decisions

cnbc88
2012-07-27, 10:21 PM
No, I am not always having plan B, because usually my plan work as it planned. However, I could have plan B all the sudden following the situation when needed, because I could improvise. In forex, you must have fast thinking and fast reaction, so you could improvise following the condition.

gandha
2012-07-27, 10:24 PM
to wait for the markets and then trade only when the trend is clear and we are able to see the signals.
good,that mean you just trade the condition of market sideway,,right?it's a good thing, because in such case we can minimize the loss and the need to remember is to always be alert to news that would occur if you have chosen it
:good:

kaushik2402
2012-07-29, 12:13 PM
it does not protect you can froum losses but it can maintain your loss at a certain level..you think of many and selated one of them suites you best share you plan...
Plan B ha. It's fine if you have one.But for sure do have a plan first then start the game.It's not a piece of cake of cake if you o just go on with out having one.So I think always prepare for some back ups.

samsumit
2012-07-29, 12:21 PM
Yes I always have plan B because when my plan A is not get success then I used plan B for recover the drawbacks which is present in plan A. If I have not plan B then after failure of plan A I face the loss in anything.

bokadia6
2012-07-29, 01:29 PM
Using hedge is not just simple, it also requires a lot of practice and understanding or market. Your slightest of mistake can cause you to lose on both ends or if market move too much in one direction, then you will become more worried.

shohel molla
2012-07-29, 01:42 PM
I think without a good plan and a good strategy you can never profit from forex market.For earn we should creat a strategy and we should need a good plan.Which you only creat.Thanks brother for share your post.

weaddads
2012-07-29, 01:44 PM
i have not. it is a great strategy for the most expert trader. for make the plan B a trader need more thann 5 years. and this time he need to feel struggle every time. with that he need to afford to loss for see the result of plan B.

mmmoudud
2012-07-29, 01:45 PM
ya bro main bhi hedging karta hu agar mere position mere against chale jaya so isme tension nahi hota hai margin call ka..yaa i always plan B..:)

antnetwork
2012-07-29, 02:04 PM
Plan 'B' can be very useful during special time or effective. We need to make some plan 'B' as secondary program for any emergency or during face some loss or downfall of our selecting pair. It's mean this 'B' plan is very useful as backup support and secondary operation.

jawad khan
2012-07-29, 02:11 PM
wow that an great idea your right if some position goes to loss we should have our alternative to recover the that position or to think of other solution thanks for the post this will give us an to think of an alertnative soultion in trading or ''Plan B''

didikebenaran
2012-07-29, 02:20 PM
I think without a good plan and a good strategy you can never profit from forex market.For earn we should creat a strategy and we should need a good plan.Which you only creat.Thanks brother for share your post.

,I also have a plan B in my trade because it is related to the error in the trade as a plan B will be able to give us better and be more profitable to trade with a plan B because it is not possible're always right in the transaction

forexking786
2012-07-29, 02:27 PM
I often wonder while trading if something goes wrong with my strategy there have to be something that is should adopt to lessened my losses. So, I've come up with this question that Do you guys (traders) have a plan b ?
I have a plan B and its called Hedging. I use it when my trades go against my plan A. It does not protect you from losses but it can maintain your loss at a certain level. You can think of many and select the one that suits you best. Share your plan B.
mujhe heding ke baare me koi be information nahi hai kyun ke me abi forex trading market me newbie hun is lye please mujhe heding ke baare me bataen

maksud733
2012-07-29, 02:29 PM
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asadkayani345
2012-07-29, 02:45 PM
I often wonder while trading if something goes wrong with my strategy there have to be something that is should adopt to lessened my losses. So, I've come up with this question that Do you guys (traders) have a plan b ?
I have a plan B and its called Hedging. I use it when my trades go against my plan A. It does not protect you from losses but it can maintain your loss at a certain level. You can think of many and select the one that suits you best. Share your plan B.
g haan mujhey forex trading kartay huey almost aik saal se jayada arsa ho gya he and main hamesha plan b hi use karta hun and is se mujhey kafi faida hasil hota he

abhideepmallick
2012-07-29, 02:48 PM
,I also have a plan B in my trade because it is related to the error in the trade as a plan B will be able to give us better and be more profitable to trade with a plan B because it is not possible're always right in the transaction

I do completely abide with my friend from the above mentioned post. It is always good to have a plan B because if you incur a loss in plan A then you can always shift to plan B. It can act like a back up plan for you. Forex trading is sometimes risky and so plan B is necessary.

torquee
2012-07-29, 02:48 PM
yes the traders have to have a plan B in case the trades go in the opposite direction and then u have no hope of coming back in the green zone then you really need to apply plan B

nirjon
2012-07-29, 02:59 PM
yes, i have always plan B.if my first trade goes to loss,then i apply plan B.my plan B reduce my loss and so far its has been working well.most of the time i use counter trade as a plan B.

mimunaislam
2012-07-29, 03:09 PM
I hope is always important and helpful to have an alternative plan just in case our first plan fails to work. Many traders do not even bother about plan B seeing that making plan A is often very challenging and laborious.

feroz-hasan
2012-07-29, 03:16 PM
Don't i have a plan B of Forex trading Market. If you use to plan B .So, Don;'t feel hesitate with this mind trade your own risk with your deposite account.if fached any problem then knock me on this forum.I am always here to solved your problem.

samuelkanu
2012-07-29, 03:20 PM
I use hedging as a way of putting stop loss to my trading so i can say my plan b is always to make profits in forex and not to lose. Hedging can help you to be profitable if you know how to use it very well when trade is going against you.

ranjoy990033
2012-07-29, 03:21 PM
If you are a beginner, hedging is not the right strategy for you as you might not be able to handle your hedge trades properly and facing loss more than profit. It works good on bigger accounts where I can plase enough number of another positions.

dfgdfhdfjty
2012-07-29, 03:38 PM
Hello Bro,
In my view plan b can be a very strategised plan with the help of stop loss and hedging cause
with these you can atleast avoid chances of making a huge loss, i also use sl now every time
and i am pretty satisfied and also a bit relaxed coz of it while trading.

Thanks.......

aimisfx
2012-07-29, 04:35 PM
If a man knows the business can succeed in life to learn to use the currency and how to use the benefits. Market conditions change to your strategy a losing team must have a plan B to come to the rescue if Plan A fails to deliver, we need more strategies in the event of changing market conditions and you are not lost. This will certainly be done with patience and still experience the day we were in the process of this business to better understand the negotiations which we live is even better for the future to learn more about forex and earn more money every time. and enjoy the day.

mahbubkhan
2012-07-29, 06:48 PM
my plan is my strategy. and i always follow it. my strategy is attached to my goal. so it is more important for me fullfill.

mimunaislam
2012-07-29, 07:20 PM
Many traders do not even bother about plan B seeing that making plan A is often very challenging and laborious.It is always important and helpful to have an alternative plan just in case our first plan fails to work.

iqubal13
2012-07-29, 07:25 PM
I have plan B, sometimes I use is when I loss in trading. Plan A & Plan B is parallel of my trading policy. Always time It is not use in trading then Trading going better earn profit averagely so, It is mention for future use.

fandi
2012-07-29, 07:26 PM
plan B is very important when our trading get loss so we have to set other
positino to covering our loss in our trading before and still base on our money manegement..

truegoa
2012-07-29, 07:36 PM
my plan is my strategy. and i always follow it. my strategy is attached to my goal. so it is more important for me fullfill.

To always follow a good plan or strategy is one of success key of trading activity. But, at many times, we do need some back up plan to make our system become adaptive enough for market movement and condition that is very dynamic. Well, for advise, just dont use the plan B too hurry before any urgent condition since otherwise will make any complication for or main trading plan.

oscar
2012-07-29, 07:42 PM
I was a beginner trader and do not have a plan B ..
I just disciplined to implement my plan every day and has got to be patient despite loss or profit in the trading

mimunaislam
2012-07-29, 08:32 PM
Hedging is a good style of trading forex, since the market only moves either upwards or downwards, it means if the market went against our initial movement assuming upwards we would open a downward movement to take profit when the market finally favours our initial direction.

rexrip
2012-07-29, 09:54 PM
Yes this can be a great Plan B "money backup". Like its always said don't invest all you have in forex, keep something for backup and that backup I think can't be better than keeping some amount as backup.

The Sniper
2012-07-29, 10:24 PM
If you are a beginner, hedging is not the right strategy for you as you might not be able to handle your hedge trades properly and facing loss more than profit. It is a very yielding strategy for those who have good experience of market price action.

Yes, I have a plan B which means a different strategy if a trade goes wrong or there are some uncertain market conditions or at times when the trend is not clear.So a trader should have another plan ahead in case of an example can be used emergency.For coverage in the case of a bad trade or uncertain market conditions.

Ahsan Ali
2012-07-31, 01:33 AM
i always have some more plans as my gadget, which i utilize during trading. aapko plans ki zrorat parti rehti hy because market same nhn rehti but most of the time my plan A is useful for trading.

atiqrehman
2012-07-31, 01:41 AM
Yeh Hedging i a termonolgy but i am againt it Because when you Use Stop Lose in your account at certain point .before it came you should exit from market or not .but in Hedging you will not exit because you hold it a certain amount but no way to exit

Awaischamp
2012-07-31, 01:44 AM
g han mary pas her waqat plan b hota hai ku k mujy is bat ka pata nahi hota hai k mujy kb loss ho ga aur kb profit ho ga is liya main hamasha plan b rakhta hon

Awaischamp
2012-07-31, 02:08 AM
g han koi pata nahi hota hai k ap ko loss ho ga ya profit is liya main loss sy bachny k liya plan b always apny pas rakhta hon ku k mujy is ka pata nahi hota hai k ap ko loss ho ga ya profit

hiba
2012-07-31, 04:28 AM
I often wonder while trading if something goes wrong with my strategy there have to be something that is should adopt to lessened my losses. So, I've come up with this question that Do you guys (traders) have a plan b ?
I have a plan B and its called Hedging. I use it when my trades go against my plan A. It does not protect you from losses but it can maintain your loss at a certain level. You can think of many and select the one that suits you best. Share your plan B.




hi friends,
in my opinion ,we should always move to plan B if we have it .because It's better to analyze the faults in plan A if we fail in that. We should always upgrade our strategy not to find another one. That strategy should suits.good luck

forX
2012-07-31, 05:04 AM
don't forget to use stop loss, it'll save the remainder of your account balance and risk just some proportion of you account. keep in mind obtaining margin call can blow you account and you may lose everything, however by setting a stop loss will provide you with an opportunity to come back with the remaining account balance.

Gurufx
2012-07-31, 05:24 AM
My plan B is to use pairs that tend to fall whenever I have a very negative position, but my plan is very difficult to give the wrong, because I operate in ever sold, the prices until they follow revereterem and fall and then get my pending orders, and leave open until voltaremm revert to the price and give profit.
It depends on you sometimes we dont need plan B, if you are doing good and earning good with less loss and having a great knowledge then you are successful. Experience is something which you get it as the time passes.

mohamed2020
2012-07-31, 07:40 AM
If you are a beginner, hedging is not the right strategy for you as you might not be able to handle your hedge trades properly and facing loss more than profit. It is a very yielding strategy for those who have good experience of market price action.

cuonghpftu
2012-07-31, 09:11 AM
I agree with you as far as plan B is concerned. Forex is a very risky business and we should expect the unexpected situation here, so plan B is must. We should not trade in forex without plan B as plan A can be failed at any time.
I do not have plan B while i trade. Most of the time i am not able to manage the balance of the account. If account balance will not be there then to which you will apply the plan B. Plan B is very good idea i like it. i will think it next time.

pyro
2012-07-31, 09:17 AM
in my opinion having a plan b is a good idea. but i dont always have a plan b. but when the stakes are high i always work out a plan b so that i dont lose a lot. what happens is that if one dont have a plan b he can lose big and he would not have a chance to recover.

alaa
2012-07-31, 09:44 AM
My plan B is to wait for the markets and then trade only when the trend is clear and we are able to see the signals. This is so because we cannot risk of loosing all the capital that we have with us at anytime.

samsumit
2012-07-31, 09:49 AM
yes i am having another plan means another alternative for that purpose.if you failed to got achievement that time you should follow the alternatives......

hunter boy
2012-07-31, 09:51 AM
Good and informative post. I love it. I will make sure I apply them in my daily trading plan. as well I encourage every beginner to apply them in their forex trading business day and day .I am very grateful for the wonderful post. very very thanks.This is so because we cannot risk of loosing all the capital that we have with us at anytime.

themefast
2012-07-31, 01:47 PM
hi bro,
We every one it well in forex trade market nothing is perfect. When market move away our all plan go away with it. That's why always read plan B. Because it's help you to overcome the problem and help you get some profit. Always ready your plan B. It's your back up plan.
best of luck

tuturtugjtu
2012-07-31, 01:51 PM
Hello Friend,
Yeah, I have a plan B which means a different strategy in case a trade goes wrong
or there are uncertain market conditions or during times when trend is not clear.
So a trader should have another plan in mind in case of an emergency.

Thank you.

ku_lock
2012-07-31, 02:28 PM
yes i always have a plan b , because a plan A sometimes is not working and in this moment you must give a plan b to continues you work with succes

I think having a plan B that means more to show our readiness, because the plan B that will make us better prepared in a condition that did not we thought. so with a plan B that will make us able to cope in any condition. so make a plan B that I think is important enough that we can make better trades.

truegoa
2012-07-31, 03:25 PM
yes i always have a plan b , because a plan A sometimes is not working and in this moment you must give a plan b to continues you work with succes

lol. Can I ask you something, my buddy?! If the plan A sometimes get wrong and fail, does the plan B have some warranty will be success way and gain many profits for us? If plan B will be success for sure, dont we just need a good plan A with plan B substantial included? Just think about if, you will just consider to make a massive good plan than just 2 weak plan.

Luk
2012-07-31, 06:04 PM
no i have not other plans -plan B i have only opne plan and i have my strategy system where i can find where is my target point and where is my stop loss point and i think it is all which i want in forex market and than on trading is very important lot of experiences with this market

sukeshroy
2012-08-11, 02:21 AM
no, i don't always have plan B because i don't need at all in my first plan works well i satisfied if not work i close trade & wait for second signal of trend . but some expert peoples alway reserve there plan B but now i think this really tuff for me to do plan B in trading time .

Right forex trading is risky but if we use proper money management then we can reduce its risk and we can make more trades for long time and another thing loss is par t of Forex so we should agree it.

abbey ak
2012-08-11, 02:51 AM
yes that is a very nice ideal to always have a plain B because you never can tell the market may decide to change its movement and if you don't have plain B you can not get the signer so i think getting plain B is a very good ideal in other to be a very profitable forex trader thats what i really think based on your question

Nasim
2012-08-11, 02:58 AM
Human life can not be finished or exhausted by only losing some money in Forex trading. Human life is more precious than any expensive materials of the world. So I think that everyone in this world have plan B of living or doing something else. I have not yet made any plan as plan B, but I think that I have the idea of plan B. And my plan B is not using all the money in Forex trading in a single account.

forex man
2012-08-11, 10:02 PM
for me ,i always have plan b and it always varies from trade to another .before i enter a trade and if i find that it will not allowed for me to use my plan b ,i decide to not enter this trade in order to not risk with my money .

Speedforex
2012-08-11, 10:07 PM
shahzad0able, No, because knowing that I only have one chance to do well and I get used to it faithfully, and there is no plan b. Because either won or you lose, you can now possibly you, have a plan b, for example, accepted a certain amount of losses, and if hit, you have to start early, and there earned less and takes longer to return to level you were.

yola
2012-08-15, 12:32 AM
I often wonder while trading if something goes wrong with my strategy there have to be something that is should adopt to lessened my losses. So, I've come up with this question that Do you guys (traders) have a plan b ?
I have a plan B and its called Hedging. I use it when my trades go against my plan A. It does not protect you from losses but it can maintain your loss at a certain level. You can think of many and select the one that suits you best. Share your plan B.



hi friends,
in my opinion, I don't follow hedging often but to reduce my losses and increasing winning chances i open small trades and even my trade goes in loss i open other trades i keep doing so on some intervals, when some trades start showing descent profit i start closing those trades ... so i just follow buying at lower levels and selling on higher, simple that is what we can earn from.
goooooooooooood luck :)

prawinkurdeg
2012-08-15, 08:34 AM
Actually i dont have any b plan, i just wait for my price to come back and if i got margin call then i make new account and start again ,never give up is secret of getting success in forex business .

esif
2012-08-15, 10:04 AM
Do You Always have Plan B?
Backup plan is always necessary in forex, but i will say that in every matter of life we should use a backup plan to save our work or ourself if some thing goes opposite than expected, i use to do the same...

ku_lock
2012-08-15, 10:12 AM
Actually i dont have any b plan, i just wait for my price to come back and if i got margin call then i make new account and start again ,never give up is secret of getting success in forex business .

according to my way of trading as it is not good, because it is risking all of our capital in the trade. I think however that it would be better if we berdagangan also use the plan, because the plan that will make us a good capital to trade, so it will not experience excessive losses when we did the trade.

mariyadaif
2012-08-15, 10:57 AM
i don't have a plan B when i open a deal i put the order of the take profit and the stop loss that is all what i do, and what happen next i am not care about it, but sometimes i am very happy when my analysis work with me and i make a good profit from it

sipra
2012-08-15, 11:19 AM
just as I also always use as your plan B if I funds inadequate, but the issue is undecided at the time the condition of plan B and the trend has gone the way back to the appropriate plan A, maybe you can give another view?

featurelion
2012-08-15, 12:37 PM
bhai mera bes plan A hi hey or usi ko hi follow kerta hun or dusray kisi or ko nehi kunki ek hi plan mein ney rekha hun hey or wohi mujh ko faida dey reha hey or mein kafi khush hun apnay plan sey is mein mujhey kafi faida hey

prawinkurdeg
2012-08-16, 04:32 PM
It is good in my opinion and you must have plan B as every time things will not go according to you and some times you need to have plan B.

shahtijani
2012-08-16, 04:54 PM
Yes off course we should always have a plan b. Suppose if your trade goes wrong you should know properly where you ought to exit. you should have a proper tp and sl placed in your running trade. You should go through money management sections of this forum to learn more on how to save your capital.

hassaan
2012-08-17, 07:43 PM
Well its not like that.I some times have a plan B but i think i trust my plan A so i never give much attention to plan B but sometimes it looked liked it is very compulsory to have a standby plan or strategy if you want to make your trade successful.

facebook
2012-08-19, 07:14 PM
A trader needs to trade with his basic and main strategy most of the times which can be called Plan A in this case but due to risky nature of these markets and unpredictable attitude of these markets it is important to have a contingency plan which can be Plan B in this case

asadkayani345
2012-08-19, 07:18 PM
I often wonder while trading if something goes wrong with my strategy there have to be something that is should adopt to lessened my losses. So, I've come up with this question that Do you guys (traders) have a plan b ?
I have a plan B and its called Hedging. I use it when my trades go against my plan A. It does not protect you from losses but it can maintain your loss at a certain level. You can think of many and select the one that suits you best. Share your plan B.
g haan main b plan use karta hun lekin hamesha nai karta hun kio k hamesha agar ap ko isay use karnay ka koi faida nai ho sakta he balkay is ko achay moqay par hi use karna chahiyay jahan is ko jaroorat ho.

nomz
2012-08-20, 03:41 AM
i make the trades with the full concentration and then making sure that i have things under control but i have the rescue plan in mind for the trades. for example if i have a big risk trade and then i goes wrong then i have to hedge it at an appropriate point

ishvara
2012-08-20, 06:41 AM
hi everybody,

in my view, If we have plan B. Then we should always move to plan B. Its better to analyze the faults in plan A if we fail in that. We should always upgrade our strategy not to find another one. That strategy should suits.
good luck :)

Of course if we have a plan B, we should not hesitate to use it in forex trading business. This plan B would help a forex exchange trader to become a better forex trader an save them many blushes of losses.

vivien
2012-08-22, 07:04 AM
i'm already making several type of EA that can be run alternately, so when the market moves sideways, it's time to use martingale system, when the market going to be a trending, using a scalping is the right option, and so on, each moment has it's own plan. so i guess i'm not only having plan b right?

ashvi
2012-08-22, 12:52 PM
I do not always have a plan B because most of the times i have the trade either to hit the stop loss or the take profit. Thus, for me i try maximum to execute a single trade and be along with it until i have seen some result from it. Changing the plans frequently is of no use, and moreover it will only lead to further confusion.

assi
2012-08-24, 07:13 PM
we should always have the plan B in forex because B plan will satisfy us for the good tradings if the one plan is fail because this is the risky place and we should have the good plannings to manage these risks in forex market

hamza12
2012-08-27, 03:33 AM
well.... yes definitely i always use plan b..... because i think that it is really a great plan and also i must say that in it we have a greater chance to avoid the chances of losing more profit.

facebook
2012-08-27, 01:48 PM
Most of the time i am not able to manage the balance of the account. If account balance will not be there then to which you will apply the plan B. Plan B is very good idea i like it.

zaish
2012-09-02, 12:43 PM
me apki strategy se bilklul bhi sehmat nahi hon kyunki mujhe lagta hai ki hedging har trader ke bas ki bat nahi hai
aur rahi position ulta jane ki, to aise cases me aapko stop loss laga ke rakhan chahiye jisse ki position ulti jane ke bad close ho jaye aur uske baad ap fir se trading pe dhyan de sae na ki hedge karke apni dono position ko fasa ke market me uljhe rahe
forex mian ap bina plane ky trading to kr sakrty ho but ap ko earning nahi ho sakty kio k bina plane,strategyg,market trend or market analyse k ap is miain succcessful nahi ho sakty s lea trading maiin always planing honi chahea

gandha
2012-09-02, 05:33 PM
Most of the time i am not able to manage the balance of the account. If account balance will not be there then to which you will apply the plan B. Plan B is very good idea i like it.
i think the plan B is plans after we place an order, a lot of traders that do not do that and ended up with a loss margin even call it in because they did not have a plan after the order had floating

didikfx
2012-09-02, 05:40 PM
I often wonder while trading if something goes wrong with my strategy there have to be something that is should adopt to lessened my losses. So, I've come up with this question that Do you guys (traders) have a plan b ?
I have a plan B and its called Hedging. I use it when my trades go against my plan A. It does not protect you from losses but it can maintain your loss at a certain level. You can think of many and select the one that suits you best. Share your plan B.

Plan B was always I will prepare a plan A but too often I profit. Just sharing plan B: I sometimes cut loss and averaging because I always wear a small lot. Learning is important that we know the solution of any market conditions.

girin
2012-09-02, 05:50 PM
I expect in fiorex you must make idea B as every example things gift not go according to you and many times you pauperism to someone guidance B. So outdo you feature all the planing finished before you unlawful a positions asif your Counseling A does not operate and thigns does not ago according to you so you can use organisation B then.

kash
2012-09-02, 08:07 PM
me apki strategy se bilklul bhi sehmat nahi hon kyunki mujhe lagta hai ki hedging har trader ke bas ki bat nahi hai
aur rahi position ulta jane ki, to aise cases me aapko stop loss laga ke rakhan chahiye jisse ki position ulti jane ke bad close ho jaye aur uske baad ap fir se trading pe dhyan de sae na ki hedge karke apni dono position ko fasa ke market me uljhe rahe

gi haan kio k witout plan ap koi bhi business nahi kr sakty or pher ya to ak asa business hy jis main ap her time market ko analyse krna perta hy to us k lea ap ky pass ak behter plan hona zrori hy main jb bhi trade start krta ho to pehly trade k lea ak pla n built krta ho

senenawangz
2012-09-02, 10:38 PM
in my side I did not have any another trading plan, I made everything which I need to do on my trading account, and beside of that I only spare some back up account to make my trading account become profitable

challenger ab
2012-09-02, 10:46 PM
im always have plane B because we cannot trust of the stability of the market and the reversal so we must have two planning if one fail to profit we must use the second to recover or to reduce the loss .we must focus on the quality of trading not the number of earning

fatema02
2012-09-02, 10:52 PM
Yes, I have a plan B, which means that a different strategy if the trade goes wrong, or is uncertain market or at a time when the trend is clear.So trader ought to not have another plan in mind in case emergency.For example, hedging can be used in case of bad trade or uncertain market.

retnotriwulandari
2012-09-02, 10:55 PM
Do You Always have Plan B?
I often wonder while trading if something goes wrong with my strategy there have to be something that is should adopt to lessened my losses. So, I've come up with this question that Do you guys (traders) have a plan b ?
I have a plan B and its called Hedging. I use it when my trades go against my plan A. It does not protect you from losses but it can maintain your loss at a certain level. You can think of many and select the one that suits you best. Share your plan B.
Every business you must have a backup plan or often called Plan B. It really helps you when you fail to plan early, you still have a backup. And you will quickly make a decision that you prepared earlier. I think this is important.

stayfilitim
2012-09-02, 11:53 PM
yes it is right there must be a plan B if there is no plan B we will lose all capital not only one plan B there is many plan as theer is in forex market many expectations you have to make rules for your money management to restrict your profit.

gogo
2012-09-03, 12:10 AM
I often wonder while trading if something goes wrong with my strategy there have to be something that is should adopt to lessened my losses. So, I've come up with this question that Do you guys (traders) have a plan b ?
I have a plan B and its called Hedging. I use it when my trades go against my plan A. It does not protect you from losses but it can maintain your loss at a certain level. You can think of many and select the one that suits you best. Share your plan B.
dear brother i don't know about hedging becouse i am newbie in forex trading market and i have no idea about forex professional strategies

absforever
2012-09-03, 01:05 AM
Plan B is necessary in all our life. A good trader must have more B plans. For example, when we earn money we must get few of them in another account because if we lose one day we will find money to begin again. We can also trade with two different currencies : eur/usd ; GBP/JPY for maximize the profit

ishvara
2012-09-03, 04:56 AM
It is quite a good idea to have a plan B in our forex exchange trading, this second plan helps a forex trader to actually have the ability to control themselves and their losing trades when they are having losses in forex trading business.

bablu7832
2012-09-04, 01:46 AM
Yes I think its important that we must always have plan B.As forex is very risky Plan B means risk management strategy.I use both take profit and stop loss as plan B as anything goes wrong with my analysis then plan B saves me from loss.

eng/ali
2012-09-04, 01:54 AM
hello every one
im newbie here and i think all trade here with no plan or just one only plan but some good traders have
more strategeis and technical analysis and fundemntal and money management and so you watch the chart

sweetrevenge88
2012-09-04, 07:14 AM
Having a Plan B in our trading is a good choice because when your trades are floating in negative positions you don't panic anymore because you have Plan B to turn to when your trades turn to critical level. Always be ready when you trade...be ready for the worst.

zseconda
2012-09-04, 07:19 AM
I see that If we have plan B. Then we should always move to plan B. Its better to analyze the faults in plan A if we fail in that. i think if you are ready to face the every situation in the market then you can be good trader. just remember that you should find the best time to trades really !!

monsterzz
2012-09-04, 09:27 AM
I have many backup plans not only B, but to Z. If we are plunged into the world of trading we have to prepare everything to face the prospect of even the worst.

Jack
2012-09-04, 10:13 AM
Well, i always make extra plan for trading and when my main plan is not look comfortable for the Forex market situation then i like to use my extra plan for trading. Although my extra plan is only useful for opposite trend direction against my original plan and so it will provide me security in trading.

arun
2012-09-04, 10:39 AM
asal main plan B to humary pass hona he chahye koi na koi kion ke zaroori nahi ke hum ne jo trade lagai hia wo lazmi toor pe profit main he jay ager market us ke against ja rahi ho to us waqt humain wait nahi karna chahye buri tarha phansny se acha hai ke koi plan B ready ho jis ki waja se hum loss se be bach jain aor profit be bana sakain

kharisma
2012-09-04, 11:20 AM
plan B is important because we can make other way to solve our problem in trading
for example we got loss in trading we can set other position to cover our loss before...

nahal
2012-09-04, 11:43 AM
but ic ko apply krny sy phly market ki situation ko dykhna prta hy, agr tu apko clear idea ho jaye k trend ab change ho raha hy tu apko chahye apni open position ko close kr k trend ki direction mn new position ko open kren but agr aisa nhi hy tu hedging apply krny main koi problem nhi hy, you can get some extra pips

will
2012-09-04, 12:12 PM
I have many backup plans not only B, but to Z. If we are plunged into the world of trading we have to prepare everything to face the prospect of even the worst.

That was great if you had more than one backup plan to prepare when there is another condition but it's not easy to have more than one good planning. If me, I could only use one trading plan and for backup, I used risk management to prevent loss.

fairy
2012-09-04, 12:19 PM
in trading we can not depend only on one strategy or plan, we have to prepare a second strategy so that in case of failure of first strategy we instant take steps of other strategy to earn some profits

foz65
2012-09-04, 12:44 PM
yes traders should always have a plan B for the save side that can help them in overcoming the losses that they may face in plan A. i myself use hedging whenever the forex market moves against my trade. this strategy or i can say plan B of mine helps me in minimizing my loss.

gandha
2012-09-04, 01:29 PM
Having a Plan B in our trading is a good choice because when your trades are floating in negative positions you don't panic anymore because you have Plan B to turn to when your trades turn to critical level. Always be ready when you trade...be ready for the worst.
its, right,plan B in mean when facing things like that, if we already have a preparation (plan B) it is easier to take control of our psychology and it really helps to resolve floating

amity
2012-09-04, 05:23 PM
There should be always a place for a plan B in trading Forex. We can't always expect that the market will only go by one trading plan, we should at least have immediate response if our first plan won't work in our position.