to success* that we must continue the spirit and unyielding spirit, we all must be willing to learn the origin of the trade really reasonabl ...* since made his way towards success also not easy, all of it surely takes sacrifice
to success* that we must continue the spirit and unyielding spirit, we all must be willing to learn the origin of the trade really reasonabl ...* since made his way towards success also not easy, all of it surely takes sacrifice
This is the step which can change the whole game. If you see you have opened a wrong trade then do not wait to return the market just cut this trade on lowest loss if you will not do this the game can be slip out of your hand.
hollo sir, koi b kam jesa b kam galat hony per us ka samna galty karny waly ko bhogtna he parta ha. jab galat side pe trade gir jata ha to is sorat man bohat mushkil ka samna karna perta ha. aksar trade pe kam karty waqat hum sy galti ho jay to hum side close kar daty han..... or jab nuqsan sath sath dikhai data ha to intzar karty han.............
i thin we need to close that in few pips its good to face the huge loss so you can also use SL for this and your trade close in few pips every time try to open a good position for trading and earn good from forex you need good information that you get from news analysis experience and fundamental reports
For those who may be from the proceeds, and the Meta Trader is completely free to download from the Web site to create a mentor. It's easy, is not it?
to learn that my trading positions open at this time is wrong, then I would do is to close the position by accepting losses and open trading positions in the right direction.
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.
It is true, I believe he went my orientation, but after the end of the loss, I see that it runs on the size where I set the knob losses. And I was not counted as thwarted as well. so, I'm anticipating it. Greetings profit.Quote:
Originally Posted by joget
It happens some time. I wait for some time to return the market then I will Close that entry with small loss.
in my experience as newbie, if i face wrong position in trading i always try to open new position that different with the first one positions. in this case i am using hedging strategy to minimalist my lost. and i will wait until the end of trend to close one postions in trading.
if i mistakenly open the wrong position i will open another trade in the opposite direction and this style is called hedging.And after getting good profit you can close one of your opened trade
some time this type of incident happen that after opening a trade we feel that it is a wrong decision. in such time i just close the trade if it is a big one in some pips loss. but it is a small one then wait for some time and close it in some pips profit or if goes in loss then keep it as it is. some time i open and opposite position it i think that the price will back in this level very soon.
Yes most its done by me when i do trade market goes opposite side then take a stop loss of 10$ and left the trade as its going. I dont know the reason why market goes opposite when i trade in forex trading.
I think you should close your trade immediately and bear the or the second option is that you do hedging by opening a trade in the other direction. For example if you have opened a buy order, then open a sell order. This will restore your loss of wrong position opened up to some extent.
some time hum market ke ups and downs se bohat pressureize ho jate hain or ghalt trad laga dete hain is position main some time traders ko kafi los hota ha aisi situation main aga ap ko lage ke ap ne jo trade ghalt lagai ha wo profif main a sakti ha ya nai agr nai asakti to ap us ko hedge kar din or monasib point par stop loss or take profit laga din is se ap kafi cover kar sakte or agar ais nai kar sakte to close kar dain.
if open wrong position in my trading i will cut loss because i dont want to loss all of my
money only in that time so i will wait until next momment to get in the market in the right position.
mental readiness was the most important according to me. because in trading especially for beginners will often experience loss even margin call. if from the beginning we were not mentally ready, then it could be when we experience mc be frustrating.
I think you should close the order as soon as it is revealed that you have open a wrong trade. Its better to get a little loss than to get a bigger loss.
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 got this site benefited for earning money.
jab humse koi galt order lag jay to hume usse turant hi nhi band kar dna chahiy thoda wait karna haiy jab wo 0 me a jay tabhi hume ise band kar dena chahiy jaldi basi nhi karna chahiy nhi to nuksaan ho sakta hai .
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.
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...........:)
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
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 !!
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
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
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,
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 !
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.
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.Quote:
Originally Posted by joget
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.Quote:
Originally Posted by joget
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...
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 ...............
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
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.
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.
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.
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 .
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.Quote:
Originally Posted by ocikca
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.Quote:
Originally Posted by joget