If I open 2 or 3 trade at a time. And unfortunately for a long time it is going in a loosing position. Then What can I do?
If I open 2 or 3 trade at a time. And unfortunately for a long time it is going in a loosing position. Then What can I do?
wait if you have heavy capital and close if you have small capital because i have faced on so many occasion such situation and now i come to that point its better to come out from such trades as early as possible
Dear Friends and Brothers salam to all .,,,,,,,,,, mere khayl say jaab aap ko phli tarde main loss ho jata hain and aap dubra usi time 2nd tarde mat kijiyen ga aap learn kar kay proper study kar kay phir emotions ko control kar kay 2nd trade kary aap liyen acha rhy ga,..,,..,.,
dear atrder jab apki 2 ya 3 trades loss mein jauyen tou apko chaye k ap rest akren forex trading emin is atrah ap bht kaama sakty hen ofrex trading mein or apko cahye k ap acha kamayen
realy I wish i could help you, but I do not know.
jab aap k paas apne account me capital kam ho to humein ziada trades open nhi kerni chahiye chahe wo thore time k hi kyun ne open kerni ho kyun k iss se risk barh jata hai hamare account wash hone ka.
This is the averaging technique. if you had a third entry floating and you are still unsure then hold. but there must be a risk that must be done. ie if the risk management beyond the cut loss. but if not then hold. but the best option is cut
And this is the lack of knowledge on money management which is very strong and important in Forex market. If money management does not support to open 2 or 3 orders at a time, do not do this and before open orders, calculate what are the limitations for you regarding your capital money and equity.
If you see that you trade are going into losses than dont panic because better days are ahead. You cannot win all the trades all the time. Sometimes you will face loss. You must be profitable atleast 60 percent of the time to make money comfortably. If want to make money you must have the known way to amke money. Not easy though but still not even hard. So best of luck for that.
Jab bhi ham log money management use karne lag jaate hain tab hame bhi pata chal jaata hai ki kitni trades ko karna ham logon ke liye safe ho sakta hai aur ham log us tarah ki trades hi aage karte hain. Hame apni trading me losses ko hamesha control me rakhna hota hai.