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

[ayesha faizan]

i imagine that off and on again it happens that because of the force of forex trading and we can open a wrong position so it is the most ideal route to acknowledge that spread loss and shut that position on the grounds that assuming that we keep it open then it could be demonstrated more hazardous and can make us to detached alot of cash.

[aariya16]

I invariably tried to discipline. I invariably place a take profit and stop loss at the start of trade. with bagitu, despite the fact that the worth moves against the position, the loss in accordance therewith we tend to place Shining Path. this is often the danger of forex. we must always be ready to settle for it...........:)

[Mr.JoCKeR]

han ye to mugh se kai dafa hota ha main khud bhi akser aesi entry kar beteta houn or bad main mugh ko pata chalta ha k main ne ye entery kafi ghalat time par ki ha to us k bad main wait he karta houn takey condition mere haq main ho

[owlapdakdajnwa]

For me i'm wait till the first reversal and then i cut lost because i think holding lost positions in a long times is not great you can lost big and earn profit short it is not normal of the winning rate ratio and you should changes its !!

[eddy]

things I do when I take one of the open price of the current price then what I do is make modifications by using stop loss orders or also use the buy sell stop loss take profits could cover the open price of the last one will get a small profit or loss too small

[tayebawey]

Natural that the trader at the beginning it may miss some of the mistakes that could lead to the loss of some of the points, but if you open the package and know that you opened the wrong way if you grab the first opportunity to point out to reduce the minimum loss

[Muylonely]

i will not know if i made a wrong position or a right position but if i already know that i make a wrong open position, there is 3 things i need to do, the first is to use the cutloss and the second is to use the martingale system and the last is to use the hedging system,

[smoundawa]

I see that If I will be opened a wrong positions then I will close it just after I realizing that I have opened a wrong positions. I have come across this types of situations many time s and all the time I had taken the right decisionss !

[andihaerani]

That is usually happens when we are in rush, the lack of experiences may cause it. Example, you have just opened position sell but the price now is moving up. If you are in floating -30 pips, you may open a new position buy with lot double size from your previous OP. You may do it inversely.

[retno]

What will you do when you know that just opened the wrong position of entry?
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?
The first thing I would do is closed the positions and returned to the analysis to be able to makes I will not ever hold the positions that it is wrong to avoid loss for biggest really sometimes professionals makes mistakes the best way to avoid loss is only you should close that entry and you should have a proper knowledge about trading then there is limited chances of loss of money.

[Adinda Larasati]

What will you do when you know that just opened the wrong position of entry?
If we keep it for the other thing, because this is the way business is immidiately. I think the best way to accept that spread loss and close that position if i know that just opened the wrong position of entry. Avoid worse loses and try to trade fresh trade.

[finegold]

if i open a wrong position and feel that i am going in loss then i open another opposit position with extra volume streanth to make up for the loss and when i feel that i am going positve in extra volume position, i close the 1st trade...

[sweet786]

The manuals of trading platform to learn how to trade with all the tools available secondly go to come forget other sites for the moment and stick to it and thirdly Forex forum and forum with the as know is creature of all things in this world ...............

[ocikca]

for me if i made wrong position i will search the trend and predict if that will be far or not
if the trend is change that migh make me floating more than 100 pips i will close it
but if the trend still in same and i predict it will not more than 100 pips i will make averaging position
it means i make same position with same lot betwen 25 pips on distance.. and i will cut it all close if the result for totally is positif

[sushmita]

G abhi tak to main ny koi wrong entry nahi ki.or na kabhi karti hu.G ye aksr hota rehta ha.par is ka bhtr tarika yahi ha k agar ap wrong entry karty ho to ap us loss ko accept karo or usy close kar do or again us loss sy bacho.

[silverlhr]

first meri khoshish hoti hai ky market ko achay sey analyse ker ky trade open karon lakin ham her waqt market ki condition ko theek trah sey samj nhi saktain ager mery saath aisa ho jaye to may wait nhi kaarta aor deal ko fori loss may close ker daytaa hon.

[alomgir]

I just closed my position when I feel it goes against my point of view, but even close in loss and when I see it in the moment where I set the stop loss than I was then, I think it is such a great frustrated would further expertise and information to understand the direction of the trade.

[eng.adham]

for me , when i know that just opened the wrong position , i will immediate close this position to avoid getting any huge loss . then i will wait until i can find another good position .

[ludric]

for me if i made wrong position i will search the trend and predict if that will be far or not
if the trend is change that migh make me floating more than 100 pips i will close it
but if the trend still in same and i predict it will not more than 100 pips i will make averaging position
it means i make same position with same lot betwen 25 pips on distance.. and i will cut it all close if the result for totally is positif
Thats is the matter of trade..! Forex is a risky business we all know but it is pity that many are making it to be even more risky for themselves. The desire to make more in few days, and the failure to follow our trading rules are the majour factors that causes loss in forex.

[kiosjingga]

What will you do when you know that just opened the wrong position of entry?
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?
Yes I am still a beginner. And I often make mistakes that lead to losses. What I do to prevent that error then I have to learn it first on a demo trading. In the demo I was able to get a good knowledge about Forex trading.

[Garin Rahayu]

hat will you do when you know that just opened the wrong position of entry?
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?
I will closed my position when I feel it goes against my point of view, but even close in loss and when I see it in the moment where I set the stop loss than I was then. And i will use hadging strategy to lock my new position,and make analysis.

[fxmoney]

when you have opened wrong trade then you must have to wait for sometime and try to close it with whatever profit you have and wait for sometime before you have to take any new trade so that you will not take wrong trade again.

[sangam]

when you have opened wrong trade then you must have to wait for sometime and try to close it with whatever profit you have and wait for sometime before you have to take any new trade so that you will not take wrong trade again.

If we are in a wrong trade still we can see if there is an opportunity in the markets which can get the trades reversed and we can exit with little profits or no loss. This can be good approach for them.

Still wrong positions are a risk to the trader :)

[eddy]

as a trader when opening an open position is not in accordance with the direction of the price movement, traders need to be calm and do not be afraid to do to be able to cover losses by the results of the open position with a size larger size or also with hedging to lock in the price

[fibo]

as a trader when opening an open position is not in accordance with the direction of the price movement, traders need to be calm and do not be afraid to do to be able to cover losses by the results of the open position with a size larger size or also with hedging to lock in the price
Yes we get loss in forex trade cause we not follow all its rules with care, we do just time pass, although it needs great knowledge about forex trade with care and managment, in positive risk towards getting the capital for increasing life standrads and other requirements. which is money, and this means that we use our experience and knowledge of all of this, to be honest, it's important that managed to do a good job.

[jameslot007]

I think it usually happens that we opened the commercialism in the wrong place in foreign exchange. So, this is the best solution to this is the development due to injury and closed position. Because if we tend to open and often creates more serious and that the United States would lose a lot of money, you can create ...

[fan786]

yahi tu main problem hai kay jab hum is market main enter hotay hain tu humain is ki position ka pata nahi hota is waja say main is market main achi trading karnay kay liye scalping use karta hon

[eliotfx]

If I open a position opposite to the movement of the market, then I would immediately think to close my position. I certainly do not want to lose too much. I usually always use a stop loss for my trades, so even though I was the opposite position, I will still be able to minimize the risk of loss that I received. it is very important to minimize the losses for each traders.

[wicaksono]

try co calm down and trading in a good emotions so it will be avoid you from making fatal decission, i will do same as you making order opposite and than set Stop Loss in both, waiting where the graphic will be move and then you've won't regret what you've loss because you've get profit more than you've loss.

[Naseem123]

if i open a wrong position then i want to hedge my trade i open another position against first on at the same lot size so hedging is the great toll to maintain your account in hedging you do not face loss nor profit .

[spidy27]

Ye problem kafi ziada hai k ap ne trade open ki aur phr pata chala k jo position ap ne open ki hai wo loss me jae ge us time preshan hone ki zarorat nai hai ap hedging ko use karain bre soch samajh k sath then ap apne loss ko kafi kaam kar sakte hain ,.

[jhrn41]

I tried every way, discipline. Always where you against them. And loss early on. And even if we have a tendency to be in a position to give light left Beast big value. Generally, you do not have a chance. Make ready.

[nvsrao]

Yes, we have to close the entry immediately and bear the loss.

[bokulful]

Constantly trying to discipline. Constant instead of step with the gains and losses in early trade. With bagging, although the price moves against the position, loss, according to them, we tend to place SL. Is a chance for Forex. We should always be able to do with.

[lisan]

Process until can them and also some of them will have different ability in learning and practicing good they can take and the lesson and get the from what they have learn and can earn money from this business.

[khan25]

I'm sure it can be found, if you ask me, since the beginning of time, we have tried to solve this problem through acquisition of stop loss on our buying and selling, I think this is a great advantage when you ask me, especially since it seems to be limited to our detriment.

[star083]

when i open the the wrong trade then i will wait till the time i got the profit.this is my strategy i open the trade with small lot so that if i open wrong trade i can withstand againt loss and can hold the trade for a long time

[nibir10]

It is difficult in the end, the dealer in Maine to form the associate degree entry in the correct position. Often times, I look for the trade. In fact is rarely closed due to doubt and nervousness, because the position quickly. so fast that commercialism is limited.

[pintoo]

Constantly trying to discipline. Constant instead of step with the gains and losses in early trade. With bagging, despite the fact that the value of towards the location of the loss according to them we tend to FTO. This is often a danger of Forex. We should always be ready to compensate.

[sadie margret]

I frequently put a take profit and stop loss at the beginning of trade. with bagitu, in spite of the fact that the value moves against the position, the loss as per that we put sl. This is the danger of forex. we ought to be adroit to acknowledge it.

[dilljeet]

krna kia hy tab main dakhun ga k kam sy kam loss main usy close krun ya phir main aik or kam krta hota hun main us k oppsit usi pair main trade open kr dyta hun ta k loss ho hi na

[jamirjam]

I have tried the control as usual. Used to put all the takes into account benefits, prevents shooting at the beginning of the operation. The threat is the use of bagging and the price of the shares in the resistance fighters, according to the type of loss that puts CL Anyone can go to the website.

[haha04]

In General, we are open to happen at a pressure of Forex trading the wrong position, I think. Extend the loss of his position. To fix, if you have a tendency to conclude that it's open to the best that the United States can build, which are established so much thanks dangers and losing a lot of money.

[Mariem]

i will close it at once as i prefer to lose the spread value than losing large amount of money due to wrong entry, as the spread can be recovered easily if we make winning positions after that instead of having losing position for long time waiting for it to get the entry point to close it

[newmultan]

jub main trade karta hoon orr mujay realize hoo jayay kay trade mayri loss main chali gayi hay too main foron hee ousay hedge kar dayta hoon yaa phir later on close hee kar daytaa hoon or zayada wait nahi karta.

[jihad1981]

A trader should be cool at the moment of trading and not give away to pressure in order to avoid wrong actions. He should also have the courage to close a wrong position (mistakes hapen) as quickly as possible because if he waits; he will loose much more than in the first place

[Muylonely]

based on my experience, when i realized that i'm openned a wrong transaction i will doing hedging method, so my lost will locked. for example if you play in eurusd pair, you buy eurusd but in fact you should sell transaction. so you minus will not change

[Abdulrehman]

ya ak acha kam ha is maboht pasa ap is ma gar ma bath kar be kamkar sakr ho is ma ap invst karo or pasa kamo sab ka liy ha ya kamk is ma aop tring kro ge to ap ko is m sab koc pat ca ja ga ka is ma kas kamkart ha

[beamsteam]

Jab meri opend market main wrong activity ya kbi worn way aa jay ga tu main end k way se nikalne ki try krn ga agar zyda dair tak rha tu mujy nuksan v ho skta he ya phir kisi senior ki hel loinga,more important bat ye k agar main ne demo account ko use kia ho ga tu mujy phir koi issue nahi feel ho ga.

[elite]

I think it is better to close the trade than to cause more havoc in my account. This is more reason we shouldn't be hurry when coming to forex market. Or if i can use stop-loss and take profit.

[lakmnc]

Also we present our expectations of a loss, if you tend to celebrate it than to replace wise result in real time, that is in the booming high closed in trading. When I unharness and last trade provides an opportunity to open another topic and build understanding about always closed, as a result of incorrect calls or nervous my trading.

[kulop]

If I myself will probably see it first, but usually I am hedging first, or averaging, and important even though we are wrong positions but with a fast response we will be good in trading. because someone is a good trader must have a fast response.

[abeeha1]

its a fact that we traders have lose patience sometimes because of too much pressure hum boht jaldi mai her kaam krty hain just to get profit magar it's a human nature no need to worry if you chose wrong option and you acknowledged your fault then you should not wait for so longer just close the trading and stop your loss by closing it and next time be care ful and do not lose hope go for the right thing and be positive in any step

[sikhendy]

i will close the position as soon as possible, no need to think hard. we can take back our wasting spread with making a good position in the next trading. if we don't close and still hoping, then we can called it hopeless.

[sangam]

i will close the position as soon as possible, no need to think hard. we can take back our wasting spread with making a good position in the next trading. if we don't close and still hoping, then we can called it hopeless.


The main thing is that if we are trading with the true market trends then we need not worry if the trade is going into a loss. As after some time the markets will start giving us profits.

But if the trades is not correct we have to close it before any major loss occurs :)

[jatka]

Always try to discipline. I am submitting the eternal profit and loss in early trading stop. With bagitu even if there is no value for the position, then I tend to be a terrorist group. This is an opportunity for forex. We are always able to solve.

[konyeng]

i dont know because my trade with yours is trully different i just using the stop los tight when the news release so if it is not in my side direction it would be cutting automtatically so i think it is imporatant to use stop loss

[happy11]

If I feel I am wrong in the open position the first thing I did was install SL to secure my account,I rarely directly close the position when I feel one open position.I always hoped that I open up the correct position.So if I open the wrong position I was always waiting for him to be a boon or SL that I have touched the place.

[dalowal152]

I find that if i have to opened some of the trade in the market and after opening the trade, the markets is really going against me then the better thing for me is that i should then waitted for the great opportunities in this market and then do the right trades !!

[haryadi88]

Many option we can choose when we make wrong trade. We can cut loss or we hedging our trade. Thats why we should always using stop loss because stop loss help us to avoid from bigger loss on our trade

[hygtr]

I think generally that it happens that due to pressure from forex trading, must open a bad location. So is the most effective payment date to settle in this place with a loss and teeth, this position ... because if we tend to keep, so that the United States is much more dangerous and can create Loose a lot of money.

[jeetnrimi]

Mere khyaal se jab koi trade wrong entry point par open ho chuki hai to use jitna jald ho sake profit ho ya loss close kar dena chahiye aur phir ek right entry point par trade open kar apne loss ko recover karna chahiye. Jab kabhi bhi trend ke opposite trade open ho jaye to humen close karne ke liye wait nahi karna chahiye.

[rehman1176]

main trade karta hoon or jub mujay feel hoota hay kay mujj say worng trade lag gaya hay too main fooran stop loss use karta hoon yaa phir uss koo ousi time close kar dtytaa hoo zayada wait ni karta.

[shivendra]

main trade karta hoon or jub mujay feel hoota hay kay mujj say worng trade lag gaya hay too main fooran stop loss use karta hoon yaa phir uss koo ousi time close kar dtytaa hoo zayada wait ni karta.

mughe to jab bahut hi jayda strong signal milta hai tabhi trade karta hun mai aise trade nhi karta hun mai jaldbasi me ake kabhi koi trade nhi karta hun aise trade karne se huamra hi nuksaan hai isliy hume aisa bilkul nhi karna chahiy .

[dalowal152]

The processing until can them and also some of them will have different ability in learning and practicing a great they can takes and the lessons and getted the from what they have learned and can earned the money from this business !!!

[atef]

For me it is an easy thing,so if I opened a wrong position or I make the opposite choice I use the strategy known as hedging,hedging is a strategy that makes you gain pips for sure.It is mainly concerned with opening two opposite order of same pair but this strategy needs a good capital to avoid margin call.

[markhoor]

This can happen to any Forex trader but experienced traders know how to coup with it but most beginners just panic and lose. You did a great job and the strategy you applied was very well timed . I also do the same but best way to avoid such situation is patience and strong determination.

[spidy27]

Ye kafi dafa mere sath aisa hota hai k me jo position open karta ho trading me thori dair me pata lagta hai k ye position wrong hai then me hedging strategy ko use kar k apne loss ko kam karne ki koshish karta ho,.

[sandip.vpcoe]

it is surely difficult for a newbie to take position of a entry. one should do anlysis before taking any position. it is best to invest more time on learning.

[sunny_hero24]

dear in my case jub be asa mere sath ho ta hai to me us open position ko 10 mint tak dekhta hoon agr phr be samjh na ahe to close karna he parhta hai but jaldi close karne se ziyada loss se bach jata hon or ye sahi rehta hai mere liye

[hamadraza]

when i do some kind of wrong entries then said OH SHIT WHAT CAN I DO

[ochenapothikq1]

I usually attempted to control. I usually place a new carry income and burning in the beginning involving industry. using bagitu, although the purchase price actions resistant to the position, losing as per that we place sl. Here is the chance involving foreign exchange. we all can agree to the item.

[asaad]

when i come to know that i open the wrong position in the Forex market than i immediately close that market and start new position in right direction to recover the loss that i face in wrong position.

[Discordance]

there is no choice unless you are afford in it the money that you loss never would be comeback unless you can make profit and recover it so i think you should thinking correctly before you do any posisiton

[rohit1106]

jab me galat time par entry leleta hu tab me wo trad thodi der tak saru rakhata hu aur jab kam loss ho ya thoda bhi profitme aatehi me usee tredko close kardeta hu isse muje loss nai hota yato bahut kam hota hai.

[fekher]

There is absolutely no shame in being wrong , if i opened a wrong trade and made a wrong decision , i would simply stop it and look for another one
orelse things will probably get nasty and i would find myself in a worse situation.

[hosnim]

When i open a wrong position i wait for it a small time to return to 00.00 in the balance of current trade and then i exit it and i open the opposite position direction.

[naija]

Wrong decisions leads to opening wrong positions, and there are times which the trader would not know until the loss starts manifesting. But in a situation when i discover it, i would prefer to close it in small losses than wait to close in high losses.

[eddy]

if I open any open positions in the trading price then what I do is wait until the price reverses direction in accordance with the open I do not forget to set the stop loss for my safety when prices reversed course and continued the trend so stop loss will be hit and the greater the losses are not

[asingh601]

sabse aacha tarika hai sahi analyses karke is tarah ke galtiyon se bachen aur har baar double check karen ki aap sahi jagah trade to laga rahe hain na agar aapko lagta hai ki aap galat hai to aap turant saudhare agar galat trade lag bhi gaya hai to aap aisa karen ki thoda wait karen agar lagta hai ki nahi hoga movement then close kar den trade.

[asaddatrader]

if i open a wrong positiont in trade and after then i realize thaj then i wil imediatly close that positiomd and wait for the gud time for entry.

[faisalshehzad209]

jab me trade me koie galt position open kar lata hon to us ko kam say kam lose per ya 0.00 no profit no lose per close karny ke koshish kata hon ta k in future wo lose na day or account ko low kar day

[typer786]

when i open wrong position order so i see the market value of that tarde and see market chart frame and and last situation and future analysis so if i think that if i wait and i can easily close this order so i wait otherwise i closed other with less loss

[mridha.pintu]

I wish that the change could be change if we sustenance it for the opposite occurrence, because this is the way performing is immediately.I was so snug I would suchlike to move up with those who poverty statesman than what you look to get a sizable clear.

[asadz]

it is the best way to accept that spread loss and close that position. i always put a take profit and stop loss at the beginning of the trade. actually this kind of trading comes from lack of proper knowledge about forex market.

[sheeda]

ma market ko pahley analyse karta hon phr trade open karta hon phr be ager wrong direction ho jae to stop loss strategy istmaal karta hon. i think hume is condition ma ziyada wait nahe karna chaheye close krr kay new position ka plan tiyar karna chaheye.

[greener]

well there is only one thing to do when you open a wrong position which is just close the trade and accept the loss because mistake is a part of forex so close the trade and open the right one

[dareking]

ma market ko pahley analyse karta hon phr trade open karta hon phr be ager wrong direction ho jae to stop loss strategy istmaal karta hon. i think hume is condition ma ziyada wait nahe karna chaheye close krr kay new position ka plan tiyar karna chaheye.

Stop loss laga kar hi trading karne ka fayda hota hai, kyunki sabhi orders hum sahi nahi laga sakte hai, aur jab hum jaan jaye, ki order galat lagaya hai, to stop loss hit hone se pahle hi order ko close kar dena chahiye. :)

[axe]

i hope market moving will change as my estimate but if it do not work i will stop my trading even it take loss because if continue i will take so many loss,so becarefull for open position small mistake make us can take so many loss.

[fxearner]

Stop loss laga kar hi trading karne ka fayda hota hai, kyunki sabhi orders hum sahi nahi laga sakte hai, aur jab hum jaan jaye, ki order galat lagaya hai, to stop loss hit hone se pahle hi order ko close kar dena chahiye. :)

hanji bhai mai bhi apni sabhi trades mein stop loss jaroor lagata hoon,kyunki mujhe pata hai stop loss bahut jaroori hai aur jab bhi mujhse kabhi galat entry ho jaati hai tou mai uss trade ko jaldi se close kardeta hoon,stop loss ki wait nahi karta hoon..

[bablu7832]

If we have opened a trade then we must wait patiently for the trade to conclude automatically by either hitting stop loss or take profit.We must trade only after complete market analysis and never take high risk.We must never get panic after opening trade.

[nvd.adil]

i just close the position urgently that is suitable for me instead of that i get more loss that can change my financial position. if you feel your mistake at same point then do not hesitate from changing your decision.

[oussama.]

helo ebery body
thank you for posting
its a very good subject to disscus
including a very important informations

[ishvara]

As soon as i discover that there is a mistake in the trade that i opened, i quickly close such a trade. This is because in forex trading, we should not use any wrong analysis or allow a losing trade to continue

[ramsha aliza]

it is the most ideal approach to acknowledge that spread loss and close that position since in the event that we keep it open, then it might be demonstrated more hazardous and can make us to detached alot of cash

[sunila]

forex mai yai seekhna har time kafi mushkil hai is leyay sab he is mai stop loss use karty ahin aur mere kahyal sai sl kafi acha hai agar hamara money loss mai ja raha hai tou hum yai use kar k apna baqie ballance save kar sakty hain...

[muna1982]

As soon as i discover that there is a mistake in the trade that i opened, i quickly close such a trade. This is because in forex trading, we should not use any wrong analysis or allow a losing trade to continue

yes his is the right decision that when you realized that the trade is wrong then close it with some loss and open the right one. the forex move a big some time so it may give the big loss too. so the earlies is the better that to wait with loss. keeping the position in open will make our floating loss very big that is not good any more.

[aries32]

Bahi aasee situation may mayre kooshesh yahee hoteee hai kay zeydaa dayre may apnee position ipen naa rakhoo agar market zeyda against hoo bee jaay too may stop loss kay zaryi market saay out hoo jaata hoon. may kahoon gaa kay yeah achaa option hotaa hai traders kay pass. stop loss kay zaryi hum baraay loss saay baach saktay hain. or apnay loss koo recover bee kar saktay haiin.

[shaikhjundi]

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 main dekhta houn k main ne ek wrong position open kar di ha to main us k positive honey ka intezar karta houn par jab who positive nahi hoti to main us ko close nhi karta houn open rehney deta houn or long term trade main daal deta houn bas

[molla]

I think that sometimes it happens that due to the pressure of forex trading, we will open a wrong situation ...so it is the best way to accept that spread loss and close that position....because if we keep it open, then it can be proved more dangerous and can make us to loose alot of money.....

[ali.khan]

Obviously this really is also occurred if you ask me in the beginning many times i tried to resolve this issue by getting a stop loss to my trade i believe if features a good gain if you ask me as it put a limit to my loss.

[redforex]

Brother it can be closed down immediately so you can do that and cancel your trade or you can be just careful from the beginning next time.You can also try to have a plan and somehow make profits or break even.

[fazalraheem]

first is that if my capital equity is strong then i will wait for few time but it works on only opposition way then i make a transaction of opposite site and earn profit for that entry. some time my trading goes to my direction on that time i might be earn good profit from opposite direction.

[sally18]

if you i would that i would opened the trade in the wrong then i will try to exit the trade as early as possible with minimum loss and will see to it that before entering another i will confirm my entry twice and then onlly enter the trade.

[alibaba]

This is because in forex trading, we should not use any wrong analysis or allow a losing trade to continue... As soon as i discover that there is a mistake in the trade that i opened, i quickly close such a trade.

[chotasaumar]

As far as i am concerned, i will say that i am using a demo account yet and still learning very much about this market and many times when i see that i just opened a wrong trader or entry then i immediately set my stop loss to avoid maximum loss from wrong entry.

[sally18]

when i know this then i will immediately close my position with minimum loss and then entry next with perfection and confirmation and i think this is the right approach and you should wish that your wrong entry should also reap you profit.

[SAKIB MAHMUD]

all time i use a lot of analysis before open any trade and do not think after opening any position.but if in case mistakenly or unfortunately i open any trade then i must correction myself by closing that trade without taking any long time because i know a single trade is good enough for me to blowup my account or for a great loss.

[nadeembali]

when i realize kay myri trade worng hoo gayi hay too main ousi time uss koo close kar dyta hoon or zayada uss trade ka wait nahi karta aysa karnay say main aksar big loss say be bach jata hoon.

[rebod]

forex tradign me job koye galte lot lag jate ha to mare koses hote ha is ko hangging kar lo ya is kam aze loss per katm kr do . is ko mane daka ha ke agre ye lot katma na karta to moje kafe loss othana parna tha je

[manpower009]

Yeah it is faction that some grouping save in the wrong attitude in forex. But when they realized that abstraction they hit way to transfer it. That clip i suppose they should prepare unhurried and they should say the activity. By observing the market they can find the way of making get.

[sarfraz44]

If i can realize that my place is incorrect and there are very few drops in my consideration then i will near it but i can delay also to rely on fortune if my reduce business becomes a successful business so by closing that wrong entry trade is very useful to be able to immediately start trading again there is no chance for me to opening a wrong position.

[andihaerani]

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?

:) ;)
For me, I just open position on opposite direction with double MM. Example I open sell position with size 0.5 when I realize my first position is wrong, I open buy position with size 1.0. I wait for the floating profit then I close all positions.
:accute: :peace:

[putudipora]

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?

emotions will make you fail and do stupid things lie m trading against the trend or trading with a bad system but some how you believe that it will be profitable over time how silly that its very sad when you do that , to be a success trade we have to do hared work and we have to do so more practice and we have to learn much and much. but to go in loss we have not need to do anything we can go in hell easily. so if we want to be a good trade we must have to hard work.

[ansfarooq]

jub kabi be ap ko trade lagaty huway yay feel ho kay ap nay jo trade lagayi hay wo wrong trade lag gayi hay to ap ko foran chayay kay ap wo loss wali trade foran cut kar dain or next position ka wait karen.

[Ahsanali]

this is usually due to impatience in the trade.to avoid worse loss. by closing that wrong entry trade is very useful to be able to immediately start trading again. it better immediately close the open position if you know wrong entry.I think it needs more experience and knowlege to know the direction of trade.

[sehar jabeen]

well let me tell you even though the payment moves against the position, the defeat in conformity with that we put sl. This is the hazard of forex so we should be able to accept it.

[nonsenopra]

All traders could make wrong analysis so they will open position in wrong direction, if we have realized that we opened position
in wrong decision, we can choose risk management strategy to limit losses. If you're still confident if movement of price could move
as your analysis few more pips, then you can let it running and close it when the losses is lower. But you must have limit to close it,
and also you can use hedging to lock position and unlock it later when there is better condition.

the process is not so hard actually to be a best trader in this risky field of trading. but you have to ensure that the learning will be good and you have to give lots of time in trading which will give you experiences and will ease your trading. and the main thing is you have to keep patience. Psychological condition and good physical condition, good money management, and experience useful for our trading.I my opinion, to become a good forex treader, we should have proper analysis,

[rookie001]

If I was in that position I would prolong my trade by opening the opposite position right away ... so to lock in my loss that it should not increase and earn on either side. I would get another chance of analyzing the market and be careful next time when I close my in profit position. I would try to close my profitable trade when market was about to turn and wait for the loss to be covered when market makes a dip and then buy it again. When the first deficit was covered I would close both my positions without losing a single buck.

[sambol]

when I found out I had just opened the wrong position entry then I immediately take a look to the higher time frame 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.

[safifx]

i agree with your opinion. it better immediately close the open postinon if yoiu know wrong entry. to avoid worse loss. and also in order to open a fresh trade. this is espacially use full . so by closing that wrong trade is very usefel to be able to immediately.

[sambol]

yes, I agree with your opinion. it better immediately close the open position if you know wrong entry. to avoid worse loss, and also in order to open a fresh trade. This is especially useful if there is a limit to open a trade position. for example, maximum is 3 open position trade. so, by closing that wrong entry trade is very useful to be able to immediately start trading again.

[forexoracle6]

well when i buy something and next i come to know i did this wrong, i sell that too in this way the loss remains constant and whenever i find that it will start going up i close the buy trade and the loss turns in profit, this is how i handle with wrong decisions.

[rajiv singh]

bhai agar galti se aapse galat order open ho jaaye toh use aise hi na chhode use turant close kar de kyunki dhreere dhreere apka loss badhta chala jayega. mere sath aisa bahut baar hua hai but main jaldi close kar deta hu.

[utangfx]

i quickly will get a damage, I spot a stop damage so that it will minimize financial losses. I think the particular stop loss may protected your current consideration. I need to handle how you feel as a way never to end up being carried away and also payback, use certainly not acquire large damage

[saifir1]

I guess as a newbie if I opened the wrong position and I know that it is going in the wrong direction or against the market trend then I would quickly close it down before it can give me big loss. Its always feasible for us to shut down those trades that are very bad or going against the market trends.

[rafx]

i'm sure of which from time to time the item transpires of which a result of the demand connected with fx trading, most of us will probably start a wrong location... it's the same the obvious way to agree to of which multiply burning in addition to in close proximity of which location.... because if most of us hold the item start, subsequently it might be shown far more risky which enables it to produce you to help shed much dollars.....

[zam]

If we always put stop loss on our trade, when we realized that our position is wrong, we more relax. But we can cut loss on our trade and following the market trend to make profits

[sweetzahid7]

agr ap ny koi wrong trade open ker li ha to koshish kro k jitni jldi kam loss main usy close ker sko ker do q k agr agr wo open rahi to apko ziada loss hoga jo ap k liye ahcaw nah ha

[Rainy Bloom]

It is so risky methed and also in forex and i will not try to do this thing always. But when I had just opened the wrong position. I will do the analysis again on the market. then decide whether to cover or leave floating minus.

[adingh]

I understand of the open up place as well as evaluation had been incorrect, following a sacrifice of fowl using stoploss. therefore right after marketplace access, I am going to keep the positioning hitting stoploss or even get revenue. I really hope that will get get revenue

[gibon]

I had just opened the wrong position entry then I immediately take a look to the higher time frame and the possibility margin that I have to cover it? if sufficient. thanks

[mark48]

when i opened the wrong position of entry then i will try to hedge my that wrong entry or if it's too much wrong according to market analysis then i will prefer to close it...

[uzma]

Since we all know the forex trading is a place which keeps on moving all the times and we many times find that we have put our trades in wrong sides. So if i will find that i have placed my trade in wrong position then i immediately will set a stop loss or will put an other trade into opposite direction to keep the balance level and to avoid the big loss.

[hassans]

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?

my dear friend mere khayal say forex main jab mujhy lagta hai k main trade ko open kiya hai jo abhi ghalat ja rahi hai tu main os ko foran stop nahi karta hoon bal k os ko chalnay daita hoon aur profit tak ka intazar karta hoon

[shujaat Ali]

Whenever i know that i have just opened the wrong position of entry in the trade then I wait for some time to see the movement of the market in which direction the market is moving. If it is going against my trade the i quit the trade and bears the loss.

[karmilk]

That will be better for our account when we know if we need to cut our loss. Some traders just stick open their false trade and hoping the price movement will just come back to their position's direction. That will never be wise if just based on hope since that high risk to harm even destroy our account's life. Better for us to limit our loss by cut it once our trade can be analized as fail trade.

[wisnupra]

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?

I think that for trading here you need practice more and more.Because from practicing you will increase your trading experience and successfully trading here.by practicing demo account you will well be experienced. never to forget the demo in your trading account as this will greatly assist all traders to be successful in this trade because I believe that trade with a demo account is one of the parts to be very good when you do all that seriously

[mendak]

If I were you, I will not immidiately close my position. I will just doing some proper analysis to predict what will actually going on to the market and decide anything based on that. If I have to close my false trade, than I will just use stop loss with good strict risk management for sure. And, if I should close it manually, then I will just try to limit my loss as little as possible.

[kamrun7142]

When i understand my giving entry is wrong position,if i give big lot in this trade i close my trade instantly.If i do't use big size,i do't close trade.When it will positive i take it.

[yadu_2008]

I better close the position. stop and consider next steps.
rarely can be very precisely predicting where prices will move and where prices will stop.
we can only follow the existing trend.

[faisalali]

yes i also agree with you

[kalulu]

There are soo much of the time that you need to do one or two thing before you can be sure that you will have the profits that you should be making

[rajkumar1991]

wrong position kabhi nhi lagata hun kyoki mai apne doston se samgh ke koi bhi order lagata hun mai kise ko kaam karta hun to samghdare ke sath karta hun kyoki mai isse acha kuh nhi hai .

[fxbrother]

It is better to close the trade immediately because you cannot do anything about it. You can also redeem it by opening the correct trade so when the trade reaches take profit you can redeem your loss. That is why focus is needed.

[nirpolash]

If I will open a wrong position then I will close it just after I realizing that I have opened a wrong position. I have come across this type of situations many time s and all the time I had taken the right decisions.

[Nusrath Ahamed]

The problem pertaining to newbie dealers just like me in order to sign in for the appropriate. Enter into your esophagus due to outright anger within the business. In reality hardly ever uncertainty along with stress, rapidly closes the position. Therefore quick which investing resources account is actually lowered.

After i determined, then My spouse and i right away to raised time schedule along with prospects for perimeter i consider it the wrong handle open up situation admittance My spouse and i had been just? If, after that, floating however or even i want to subtract after that right away new situation open up within the contrary route for the earlier situation.

how about a person?

[bablu7832]

Dear friend we must never trade with impatience and nervousness,confidence and patience are really required to succeed in Forex.For that we must practice hard in demo account for more than 6 months at least.We must always trade taking low risk and always use stop loss.In case we feel like we have opened a wrong trade then it will automatically conclude hitting stop loss.

[setiawanedi]

if I do any open positions before the loss is too much I often stop with a close stop. because if we are not lucky then the open positions will destroy our finances. therefore we as a trader ought to be careful and always be patient so that we are not wrong in doing the open position. therefore prayer is the key to our success in trading principal.

[abida2025]

I'm always training. I always put the interests of the trade from the beginning of the damage will stop. bagitu you, even the location, we will remove the serial consequential damages. Foreign Exchange Risk. We must be able to accept it.

[camalol]

i will close it at once as i prefer to lose the spread value than losing large amount of money due to wrong entry, as the spread can be recovered easily if we make winning positions after that instead of having losing position for long time waiting for it to get the entry point to close it

[wnhw99]

i will close that entry on the same time and the loss that i have to bear i would try to recover that loss in next trade and open new trade in right way

[merlag]

Generally I think twice before the opening of any trade, and if such think happens I will try to minimize the lost by hedging until the market recover the price or if it is not too late I will close instantly.

[rimi1]

That i decide to put your bring gain and stop great loss at the beginning with commerce. by using baggie, even if the amount steps about the posture, losing as stated by that him and i decide to put sl. i actually realise that i actually generate a improper final decision pertaining to entrance for the reason that this put out this attentional end give a further an opportunity to amenable unique commerce.

[rudi sriyanto]

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?

what you've got stated higher than could be a common mistake done by several analysts traders where we sometimes forgotten our trading rules owing to our impatience in looking forward to a valid entry signal. i feel and that i understand from my experiences that its dangerous to barely let the incorrect entry running and ****ually gain additional negative floating once we will safely barely shut the incorrect entry position and look ahead to real and valid entry signal. we are definitely not a market maker, thus we ought to continually trade accordingly with market trend.

[noamnbdctk]

In the open position by analyzing the wrong direction for all marketing professionals create is inappropriate on so we are to our bad decisions that we have to limit losses when the selection of risks, management strategies that you can. Many pips price moves, and some analysis, you are still unsure which closes when the low loss. However, when the State can and should limit to also use the lock position better than unlock it afterwards.

[brahim25]

for me if i opened in the wrong position of entry i leave the deal as soon as i can , because the small lose is better than the big lose , every one should do his analyse of charts and candles and every thing , to make sure that he entered in the right position and do not take risks

[samianazir]

That your thread is good. Ilike it. Some time we are open the trade wrong, i am personal open the wrong trade three time. That my action is that if we are open the wrong trade after complete the analysis then we are close the trade on urgent base. Secondly, we are open the wrong trade then we are first analysis the market then we are decide that trade is close or open.

[jerroudiyoussef]

hello dear
it is the best way to accept that spread loss and close that position....because if we keep it open, then it can be proved more dangerous and can make us to loose alot of money .





.

[sam234]

Well if i found out that i opened the wrong position mistakenly on time, then i will close it and open the right one so as to cover the losses which i have already incurred.

[vapul]

if i have to open the trade in the market and after opening the trade, the market is going against me then the better thing for me is that i should then wait for the good opportunities in this market and then do the right trades.

[mela]

if i have to open the trade in the market and after opening the trade, the market is going against me then the better thing for me is that i should then wait for the good opportunities in this market and then do the right trades.

Early education is important so you are correct as it may make us better traders as when you have the early knowledge you may be more stable going forward. forex give the more money to the trsder,as a part time forex give guge money to the trader,so i can sat thay forex is the good part time job for the people.

[sajda]

i think you will be in tention but i will be relax an di think forex trsing is very very risky and you should not take tention in forex trading and you should be relax in forex trading to earn more and more from forex trading business to become aduccessful trader in forex trading

[siful003]

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 .

---------- Post added at 05:51 AM ---------- Previous post was at 05:45 AM ----------

I always tried to discipline. I always put a take profit and stop loss at the beginning of trade. with bagitu, even though the price moves against the position, the loss in accordance with that we put sl.

[marege]

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 .

---------- Post added at 05:51 AM ---------- Previous post was at 05:45 AM ----------

I always tried to discipline. I always put a take profit and stop loss at the beginning of trade. with bagitu, even though the price moves against the position, the loss in accordance with that we put sl.

I agree with you, I think, whatever we do, must be based on an analysis, we can not take action without calculation, if we are wrong in the act, then we are definitely going to get the loss, which is important from all of this is, that at the next opportunity we have to be more careful.

[ashvi]

When i have realized that i have taken the wrong entry then i will implement my hedging strategy which can help me to recover from the bad trade. Thus, i will be able to come at the profit edge by managing the hedged trade. This is possible only when we are sure of the price action after taking the wrong trade.

[manos]

main to usi time py us ko close kr daita ho kio k ziada loss sy behter hy kam loss is lea mian apni trade ko foran hi close kr daita ho jasy hi mujy lagta hy k main ny ghaltt open krdi hy lakin ager ap is k oposit koi trade laga lo to is main bhi ap apny caoital ko safe kr sakty ho ta k ap ko next trade k lea capital ho

[awais333]

i am also a beginner in the forex trading...when i feel that the entry going in wrong way ..i immediattely close the position...i often use the SL to secure my account ..it really help to the beginners

[nidhi]

What I do when I enter a wrong trade is, I do not close the opened trade instead I go for a opposite trade with a doubled size lot, when I confirmed my self that my initial order is wrong if not then I wait for the market to return because market will revert back to the order, else the second option but never go for the closing of trade in hurry.

[zundhafx]

According to what I always say that weve trader should be confident with the technique in use by the trader, the trader because we thus take action if haraga dap already tida Rull is in accordance with its fixed it right

[naija]

The only thing which makes you understand that you have opened a wrong entry is the quick losses that you account starts recording, which is a reason why you need to just close it, than incur more losses.

[mark48]

I will try to close my that position if it's loss was not too big ,or if loss was big then i will try to open another position to hedge it..that the strategy which i will use when i opened wrong position at wrong time..

[manos]

yes bro it was very bad for because the trade will not goes on our according think do mind so we should must be analyze the market before to start the trade and in this way we can got much knowledge and when we were know about our wrong position the we should be stop our trade on small loss

[masdarfx]

when I realized that I had made a mistake when opening a position in the forex market I always take other actions in order to save power in the trading account that I have, I know that we will not be able to analyze the market properly and we have to do is maintain good management of money that we use so that we can reduce the risk that often makes us feel sad and depressed

[atianz]

I will do with my best effort and i will ask from my friend and just in reading of our own struggle and one must see this in regard of our own investment and i will be there.

[hosnim]

Increase your learning will increase your earning.i don't agree with you. Increase your learning does not guarantee your success in forex trading. What can guarantee your increase in earning is to get proper and reliable tools to forecast the right trend of the market for at any point in time.[COLOR="Silver"]

[senengsego]

when i sure that my position is wrong, I will try closing that position as soon as possible to avoid biggest lost in my trade. in essence discipline will provide many benefits to us.

[happymailer]

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?

Actually it happens with all new traders that when they open the order and market suddenly reverse to its trend then they realize that they had done some thing wrong and that's why they face loss, but in my view, if you see that situation then you should close the existing order without caring about loss.

[kharisma]

when i open wrong position in forex market i will cut lose and try to set right position but if i still
have much margin level i will avarage my trading position and i will cut when my position get profit.

[arhilko]

yes this the bad situation but mostly i close the position with the some loss but some times it gone the last limit of my capital margin and i got the margin call so badly

[bolot]

perhaps waiting for who knows luck will come to us so that we can successfully benefit properly then it is likely benefits will we get in trade

[pretty]

I think aisa kabhi hota nahin hey but agar mere sath aisa ho bhi jata hey to phri main ziada tention nahn leti hun aur main hedge kar leti hun is trha phir main barey loss se bach jati hun.

[fazee]

han agar mai koi trade lagao aur kuch dar baad muzha malum ho ka ya galta order hia tu phala fursat ma es ko close ker dy ta ho phar thek say kuch time k baad he analysis ker ka thek say trade laga ka koshsh ker ta ho taka apna loss recover ker sako.

[shubhamhero]

there are few times when i have opened wrong positions by my own open position mistakes. it makes me feed so bad because i know that the market will surely go in opposite direction, and that's where i was trying to open position. but what else can i do at that time, i use to close my position with the loss of spread difference and opens new position as per my expectations.

[Helmi Yusuf]

i think if we know where we are in the position that one should buy to sell then we shall analyze approximately the price will go back not to the point that money management and is also considering whether it can hold up to how many pips we should not panic, everything we do must exist considerations why we do it

[Onion]

of course we need to closed it again or if we need to hedge and open new entry we will spent some equity, but if the metohd is good enough for protect our equity why not we run that plan, and keep waiting for the profit from all entries that we open into forex market. There always a chances to make moeny in forex.

[a_for_apple]

of course we need to closed it again or if we need to hedge and open new entry we will spent some equity, but if the metohd is good enough for protect our equity why not we run that plan, and keep waiting for the profit from all entries that we open into forex market. There always a chances to make moeny in forex.

hedging and cut loss is an option that can be used if we do not use stop losses in our entry
but if we use stop losses, we can wait until we touched stoploss
this uses stoploss, to limit losses when we are not in line with the entry market
most traders do not believe with stoploss, and they prefer cutloss than stoploss

[MASUMBD03]

Which i tried using to control. Which i place a get income and stop reduction at the beginning involving trade. using bagging, while the cost moves against the placement, losing in accordance with that any of us place sl. This is the chance involving forex trading. most of us will be able to acknowledge the item.

[karmundal]

If I open position the wrong way, I will watch it run if perhaps it will turn out to be good trade. When I see it will not become good trade I will still wait to see if I can close at zero price (no profit not loss). If not I will just close the trade at smallest possible loss.

[akksh01]

sometimes it happens that due to the pressure of forex trading, we will open a wrong position so it is the best way to accept that spread loss and close that position the loss in accordance with that we put sl. This is the risk of forex. we should be able to accept it

[MASUMBD02]

Which i experimented with in order to control. Which i set any take revenue and stop damage before you start of trade. together with bagging, despite the fact that the cost movements against the position, the loss in accordance with that individuals set sl. This is actually the possibility of forex trading. many of us are able to take the idea.

[ashvi]

When we come to know that we have opened the wrong position i have two options either to close the position with loss or to hedge the position so that i could be saving my capital money which is very much needed to carry forward the trade to the next level.

[bassfxx]

Entry andexit is veryvital. A good trading strategy can be able to define the true price entry and also the exit point. The best entry point is to enter when price have broken a major or minor resistance, and the best exit is at sigficant support and resstance.

[sumonpal]

I always tried to discipline. I always put a take profit and stop loss at the beginning of trade. with bagitu, 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.

[somaz]

i think that sometimes it happens that due to the pressure of forex trading, we will open a wrong position ...so it is the best way to accept that spread loss and close that position....because if we keep it open, then it can be proved more dangerous and can make us to loose alot of money.....

[sajjadraza]

app se agher wrong position lag gye ha tu app is ka wait ma kare balke app ko is trade ko close kar ke app ko darost trade lagna ho gye aur is loss ko bhi pura kare jo app ne wrong trade main zaya kiya hai aur long time trade kar ke app is loss ko bhi pura kare na ke app is wrong trade ke dorost way main jane ka intizar karte huye app account wash ka le is liye kam loss app bardash kar le app ko zada loss ka samna nahi karna pare gya .

[alisun]

agr mujhy pta chly k main ny trend ki simat k mukhlif koi option open kr d hy to main ghbrany ki bjay wait krta hun kiun k vp again profit main aajati hy. or jasy hi vo profit main aati hy main jld hi usy close kr dyta hun

[mamoon2]

If we know that we have opened a wrong trade than we have to find ways to get minimum possible loss. We have to close the trade immediately or have to open another trade in the opposite direction so the equal the profit and loss of each trades.

[onik]

If the change is not enough and has good knowledge of the foreign currency. But it is my job, this method. When to buy and sell when I confess that comes out of my analysis. It's my job to take the sales decline my bets to buy and sell. So it is possible to open the bad situation personally. The value of.

[super]

the about entry becaukse that release my tentiona and provied another chance to open fresh trade that spread loss and close that position because if we keep it open then it can be proved more dangrerois.

[xfarhan]

jab ma wrong position open ker layta hoon to ma sabar rakhta hoon agar to zayada loss na ho raha ho to band ker dayta hoon agar zayada loss ho raha ho to ma trading band nahi kerta because os loss ko cover kernay k liya bhi mujay new position open kernee hogee or price kabhi bhi 1 side par nahi rehta hamaysha

[kumarrajan323]

Dekhiye mere dost agar trade galat position par open karte hai. To mere khayal se aap trade ko turant close kar de mere dost aur market trend ko samajhne ke bad me trade ko open karen. Market ko analysis kare bina tradiog stast nahi karna chahiye mere dost.aur kam lot se trading start kare aur aur kam pip par trade close kare mere dost.

[widiforex]

The one that makes me often lose, we already knew that our analysis is wrong but to force myself to keep open positions. normally we have to close the transaction as opposed to the market, but it is sometimes difficult because of the dominant emotion. may experience teaches us to be stout in trading wisely.

[miansalmanch]

yeah, sometimes it happens due to the presure of forex trading we entered in a wrong position and began to gain loss that time..then we should close our position
to avoid more loss.

[suzonw]

I usually attempted in order to self-discipline. I usually place the consider revenue and prevent reduction at the start associated with industry. along with bagitu, despite the fact that the cost techniques from the placement, losing prior to that people place sl. This is actually the danger associated with foreign exchange. all of us will be able to take this.
so forex is so good

[fanloka]

I always tried to discipline. I always put a take profit and stop loss at the beginning of trade. with bagitu, 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.

[aslam12]

ager muje ilm ho jae kay jo trade meney open ki wo wrong hai tu mein mostly esko hedge kar leta hon es tarha muje mazid loss ka dar ni rehta phr munasab price jab lage tu me aik tarf se hedge open ker leta hon es tarha mera loss bhi recover ho jata hai or some time profit b mil jata hai.

[zaheer.akash]

Dear agr apse instaforex me wrong entry ho gai hay ya apse koi galt trade lag agi he to ap pareshan nai hn ap foran uska stop loss laga day, woh apko bacha lega or sath hi ap scalping kar day ek position buy wali laga day or ek position sell wali is se apka account zada minus me nai jae ga.

[amind]

When i make wrong position, then i must close it as soon as possible. I will wait the good time to close it with minimum losses. but if the time is near to high impact news released, then i will close it immediately

[Muhammad Rashid]

yeah sometimes it happens in the forex trading that you open a wrong position in the trading which results in loss.so the best way to deal with such situation is that you must close that positions at a little loss position and prevent yourself from the big loss

[cimlak]

After a good calculation and analysis i open a position but unfortunately sometimes i can open a wrong time against a strong trend so after that i will recalculate the whole trade and i will try to calculate whether i can recover the trade or not if i can not recover that i will cols that trade.

[resnala]

if my trade show wrong and start to make loss floating im try to study all the point in the market to put another support trade to reduce the losing or make my loss zero but it need good indicator and need good manage to not increase the loss

[ShahidFx]

If you operated wrong trade then you should place an other trade with the opposite side to escape from the big loss. When you seems it goes in your favor then stop one of them and in this way you can escape from loss and can earn some money.

[sana121]

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 S/L. This is the risk of Forex. we should be able to accept it.

[sagar100]

Main koshish karoon ga ke thora wait karon itna ke spread ka difernce gain kar ke no profit no loss par trade close kar don. Agr jayada loss ho raha ho to foran hi close kar don ga.

[onlineabdulrehman]

Huṁ hammēśā śista prayāsa karyō hatō. Huṁ hammēśā la'i naphō mūkī anē vēpāra śarū'ātamāṁ nukaśāna aṭakāvō. Bagitu sāthē, paṇa sthiti sāmē kimmata cāla chatāṁ kē anusāra nukasāna amē lasitha mūkō. Ā phōrēkṣa jōkhama chē. Amē tēnē svīkārī karavānō prayatna karīśuṁ.

[fari2013]

Tē vadhu sāruṁ chē amē tēnē rākhavā jō tē vadhu sāruṁ chē tē amārī apēkṣā karatāṁ vadhu nukasāna lāvavā karī śakē karatāṁ an'ya mujabanā para bahāra nīkaḷavā kāraṇa kē immidiately kē vēpāra bandha karō. Huṁ khyāla chē jyārē huṁ hammēśā mārā tentiona prakāśana anē tājā vēpāra khōlavā māṭē ēka taka pūrī pāḍē chē kāraṇa kē huṁ pravēśa viśē khōṭī nirṇaya kē mārā vēpāra bandha karō.

[biswasmala320]

I always reliable to punish. I ever put a deal clear and restraint loss at the kickoff of trade. with bagitu, modify though the price moves against the business, the expiration in accordance with that we put sl. This is the danger of forex. we should be fit to assume it.

[Yameen]

I always tried to punishment. I always put a deal benefit and stop loss at the beginning of trade. with bagitu, justified though the toll moves against the posture, the loss in giving with that we put sl. This is the risk of forex. we should be competent to suffer it.

[ebizsanjoy]

Forex online trading when my trade is going wrong way and i know that i take a wrong decision then it was a right time to closed the trade other wise is become my big mistak and costlier also . So friends any time any member take wrong trade be curefull about your trading .

[pretty]

yeh to koi bari bat nahin he aur i think jab bhi hamen yeh feel ho keh mene wrong postion par entry mar li hey to hamen apne liye phir se achi strategies bana kar usko close kar dena chahiye aur phir sey corrent entry lagani chahiye.

[anyar]

when we will use small time frame like 15 m or 30 m we may see so many wrong signals.as long as a trader will always place his sl and tp then there is nothing to worry but if you are very sure that it is totally wrong position then the best way is to quit from it very fast.

[muzammal2007]

mi is position ko best taky sy slove out karny ki try karu ga kun k with out it ham koi b kam nai kar sakty han or jub tak ap ki postion he better nai ho gi to ap kam kasy better tarky sy karo gy

[zahidbd9]

when i know that it is wrong trade what i have open just now and this trade should be the big lose trade i will immediately close that trade because if i never close that trade it could make me great lose and i lose my valuable money

[leopardfx]

if we enter the market and then we realize that we are in the wrong position i think we should close our position so we can, use another plan, but before that we must create many trading plan so we can use that later.

[matirmoina]

But if you just feel your situation from damage and I put stop loss and a lot more, and was again defeated a reference where professionalism is closed and the urge to throw my situation looks after the business direction to find out a lot of knowledge.

[hall01]

the world profit learn biggest business in the world.investment t first the trading business many treading job business we earn money as we can tproperly then do other job business happy because workingarn money give us money we earn money as we can tproperly then do other job business happy because working

[amind]

If we know that we just opened the wrong position of entry then we must close it immediatly, especially if we make entry when the news high impact will released, it will be risky if we keep the position opened

[lume45]

forex trading is very risky business and you can earn huge profit if you learn well so learning is necessary to get big profit you can get unlimited profit if proper traning so first of all you must learn well

[mammon]

I think if a trader got it know that the trade has been opened in the wrong direction at the start then he should have to close that trade at once instead of waiting for it to become profitable.

[jimlok]

After a good calculation and analysis i open a position but unfortunately sometimes i can open a wrong time against a strong trend so after that i will recalculate the whole trade and i will try to calculate whether i can recover the trade or not if i can not recover that i will cols that trade.

[larmilak]

if my analysis is wrong, then I will get a loss, I always place a stop loss order to limit losses. I believe the stop loss will secure your account. I have to control your emotions so as not to be greedy and revenge, so do not get huge loss

[brotri]

i love the traders that can always know their errors of trading and correct them as soon as possible, this is what you have done by changing from the bad scalping way of trading to the long term trading., I will advice you that you shoudl learn the way of the money management of the market itself, it will help you better. You will be making lower risk and higher reward.

[mahmud700]

oh it is nice question in forex, i think after i discovered I'd simply opened up the incorrect placement admittance i quickly instantly have a look towards the greater time-frame and also the likelihood border which I must include this? in the event that adequate, i quickly allow flying without, however otherwise i quickly instantly opened up a brand new placement within the reverse path towards the placement.ok brother thanks to all.

[mintulponk]

han ye to mugh se kai dafa hota ha main khud bhi akser aesi entry kar beteta houn or bad main mugh ko pata chalta ha k main ne ye entery kafi ghalat time par ki ha to us k bad main wait he karta houn takey condition mere haq main ho

[hiplara]

wrong position is a bad thing which would cause a loss, so if we realize it is better to close it rather than letting a position that actually cause you'll keep getting floating minus.

[rizriz]

Main jab wrong trade open kar leta hon or mujhy us trade ki knowledge nhi hoti to main wo trade usi wqt close kar deta hon is se mujhy loss to hota hy but kam loss hota hy agr ap us wqt trading krny ki koshish kro gy or ap ko us trade ki knowledge be nhi hy to ap ko big loss ka samna krna pary ga.

[mahx]

Good Day Everyone,
Well it never happen to me before because before i open the trade i check every thing twice, the stop loss, the take profit and what is important the direction that is why i never faced this situation however if it happen to me once the first thing i do i wait to minimise the losses and close it immediately.

[goggo]

I think that the best solution when you find your self in such cases is close the position immediately to cut the loss and keep your account safe.

[raj93066]

When i found these kind of the problem in it then i will stop the trade and make the new trade and if this is be the gone in it the lot of the loss then i will wait in it for the recovery and then i will again trade in it and make the good plan for this..

[arslanbaig]

mery khayal meen hur trading order lagaty waqat stoploss oor takeprofit zaroor lagana chahye, kyonky stop loss trader burdashat kur sakta hy. agar koi trade against ho bhi jay tu zayada loss naheen hota .laikun es ky baad new order trend ki direction confirm kur ky lagaya ja sakta hy.

[ebizrai]

My friend! We need to set Stop loss tight if we feel that open entry is not at the right position or right place. We can close the order too immediately and also we need to wait for the next good positions for the new Entry point.

[fxghost]

bhaiya ji mere sath mostly aisa ho jata hain jab main real trade open kar deta hu tohi samjh mein aata hain ki maine jo order open kiya hain wo galat hain tab main running order close karke dusra order laga deta hu bhaiya ji :)))

[naziakhan]

bhaiya ji mere sath mostly aisa ho jata hain jab main real trade open kar deta hu tohi samjh mein aata hain ki maine jo order open kiya hain wo galat hain tab main running order close karke dusra order laga deta hu bhaiya ji :)))

bhai g aisay mostly traders k sath hota hay k hum jaldi ma order place kar daitay hay lakin hamay baad ma pata chalta hay k hamari analysis theek nh hay , mery khyal ma us waqat hamay apna trading order close kar daina cahiyay .:good:

[zubair001]

is kaam main is ka experience hona chahiy kyun kay is kaam main tera jitna ziaa experience ho ga tujhay or mujhay is kaam main itna ziada profit ho ga to is main achay say postings karo to bohat acha hai

[bablu7832]

Dear friend agar hum ek small capital ke saath trade kar rahe hain toh humein bahut low risk ke saath stop loss use kartey huey trade karna chahiye.Aur agar humein pata chaley ki humnein abhi ek worng trade open kar diya hai toh humein ussey immediately close kar dena chahiye ya phir hedging karke apne account ko protect karney ki koshish karni chahiye.

[aa01111024]

I also often make mistakes in trading. when I make a mistake, I'll see the development of trade. if possible I would hold up the best position. but if not possible I will instantly shut so the loss is not too great

[aniy0]

it happens that due to the pressure of Forex trading, we will open a wrong position ...so it is the best way to accept that spread loss and close the loss in accordance with that we put S/L. This is the risk of Forex we should be able to accept it.

[Muneer Ahmed Butt]

yes my dear this is very good habit this habit can save your amount from huge loss so every one must use both limit take profit and stop loss command also try in the end close whole opened positions because no one know about the market that next day where it can go

[menbonl]

my error in my analysis be detected after opening a position then i will close it immediately. there is no meaning to keep open a trade which is gonna be in loss. most of the newbies don't close their loss trade hoping that it will be in profit within some time. they keep holding it, though they know it is an wrong position. but due to lack of enough back up pips they become forced to close it with big loss or their account just blew.