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agar meray sath aisa ho jaey k mera loss 300 $ se bhi jayada ho jaey to main us waqt market ka trend check karta hun agar aisa lagay k market of bhi meray khilaaf ja sakti he to main hedging use karta hun close nai karta hunQuote:
Originally Posted by bigearners
I think it better to move your stop loss to breakeven or higher. If you are not sure about the further direction of silver then its better to close. Always before coming into a trade you should know your target and stop loss that way you can always be sure that what point the price will reach.
I think it's a decision we can take a look at market conditions first. if the current market conditions it is possible to reverse the movement there, then I will not close my position, but when the market is likely to remain in her bergerah, maybe I'll close the position although in kedaan minus.
Losing 300$ + surely agar mujhe kabhi itna loss ho to woh din mera last din hoga trading ka i prefer very low risk the most i will put line is 50-80 nothing more than that even if i become rich.
Quote:
Originally Posted by bigearners
hi traders,
in my opinion, I think it depends on the upcoming condition of silver in the market whether it will go up or will keep on coming down first try to analyse the market where the trend is going if there are 90% chances that it will go up then keep it open if no chances then closing it would be better.
happyyyyyyyyyy trading :)
Actually when my was 300$ and also with a loss then i think i will do take a great action about this position of mine which is i will think the next invest sector and also i will have to get a great amount of profit from the Forex trading.
Quote:
Originally Posted by bigearners
hi everybody,
for me , i think first return to the principles of money management that you are using, because the decision to cut losses and profit-taking also depends on how a trader before making plans.
goooooooooood luck :)
Hello friend, Its depend on your money management and your analyse. If you think such as your loss near to your current deposit it is better now close your trade or you can do not your lose recovery then you have to do now close your trade.other wise you have to large deposit more then your lose position and you are thinking after it will come to profit then you don not close your trade.
i think for me the reaction will be same whether i lose 1$ or 20000$.but as far as your case is considered you have made a big mistake of not using stop loss.as you have lost 340$ n you are still waiting that means you have big capital and my advice is wait little longer if comes to 500$ close or if u are lucky it can come to 100$ best of luck
no kabhi nhi itne loss me kabhi band hi nhi karna chahiy isse acha phir app next month wait hi kar lo isliy isse soch kar kaam karna chahiy nhi to bahut mukil hoga ye sab kar pana isliy loss ko bacha kar hi kaam karen