Forex is a good currency business.i think there is no such bad situation we know in advance and you are talkin about the rapid changes in the market then you if know in advance can also convert it into your favourable condition. Good luck.
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Forex is a good currency business.i think there is no such bad situation we know in advance and you are talkin about the rapid changes in the market then you if know in advance can also convert it into your favourable condition. Good luck.
If in a bad situations. i would be more careful. i will use a lots of smaller volume. becausel. if you must use a standard lot. my capitals will be threatened. evens if unfavorable markets situations. i will stops tradings for a while.
every trader should open real forex account in micro which provides the facility of minimum trade volume .in bad setuation i think he should trade in .50 or 1 CFD {contrect for diffrence} which 1/10 of a loat. it will be easy to hendel in bad setuation ,other we should see our equity and define which volume is better for us.
I think the trade a bad situation, it helps us to reduce the size of trading volume, we see first the situation further, if the situation has improved, then we can add a measure of trading volume, but it must be kept in accordance with the rules of trade management, so that later we do not risk is too high.
first of all when a trader goes to open his account his should decide to open his account in micro accont .in bad satuation i think he should see his equity and decide to define is new volume for trade .i prefer he should try .5 or 1 CFD {contrect for diffrence} which is 1/10 of a lot .in bad setuation i think we should cut our all trades which gives us loss and prepay for fresh trade.
In bad situation i like to avoid the forex trading as if i trade in the forex market at that time then i will lose from my trades so i really stay away and try to refresh myself and when my mind is good then again i start to trade.
In my opinion, i never got diheartened and i'm considering dealing on the future instead of scalping. I strategy to start again by dealing little plenty like . 01 and so on.thereby minmizing the chance of losing the consideration. Thanks
jab muje kisi trade per zaida itmad na ho to main chuta volume use kerta hoon yani 5 cent ya 2 cent per trade kerta hoon or stop loss bhi kam se kam rakhta hoon takke ager loss ho to kam se kam ho jab trading per barusa ho to phir volume increase ker deta hoon is surat main profit bhi zaida hota hay.
nops..I will not trade i a bad situation.. Never ever think like that.. If you do it than you are going to hurt. Just keep in mind that do not try to cover your previous loss with a bigger lot but just go as you would go normally with your lot. Always think that market is a challenge that you have to face.
We know the market is always challenging, and the money of the loss or profit you are a serious loss of filling you would prefer that now that you deal with the loss of your soon.In Lot / volume with the same worst-case situation you may think that you need to recover the here.Suppose?