If our capital is not much and our position already loss $300, i think it will be very risky, we will get margin call anytime and lose all capital. I think i will makes analysis first before i make decision to close it or not
Printable View
If our capital is not much and our position already loss $300, i think it will be very risky, we will get margin call anytime and lose all capital. I think i will makes analysis first before i make decision to close it or not
When my trade will go 300 plus or in minus i will only monitorid my equity and technical and fundemental news.then i decided to close or open my trade .stop loss is the best llkey to sucess in forex .if you will work in tp and stop loss in forex you will successed in forex field.
Brother in condition in which your trading is going i will suggest you to do hedging the reason is that in that way you have a chance to change it in to profit . or you can make it null . just close the second deal when you think the price is going to retrace until you can keep going your account so don't close it .
i will never take so much risk. i know i m new and so much risk is very dangerous for my trade. when i so experience when i feel i can take as much risk then may i take this risk. but if i loss then i should left trade but i will always remain at low profit or risk.
Well if someday my postion is upto 300+$ so i will take risk for more earning, because i like to play with risk, i know its can be much harmful for me and my profit. but without taking risk we can not fullfill our dreams and not rich in short period.
if you are going in los.you should close your position.
I testament sure don't act many for that and uncommunicative it forthwith no matter what the trend is, no weigh what the interesting is. In fact I won't let my damage to go to that big quantity in antagonistic floating. And also everyone should trade according to his character.
Agar mujhe is market me loss hota hai to me dosh mein is market ko nahi dungi kyoun ki is market me mein samajh ti hu ki mistake mara hai , is market me sabhi trader ko patience rakhna chahiye. Ia market me aap ko trading skill zaroori hai .is market me hamesha hum chote lot size se trade kare.
It depends on you, because its your trade but it also depends on your capital, if it is big capital then don't close the trade, because market may reversed and you take profit if you have low capital, then close it and then again trade with low lot size..
I myself must have been when it's too much of a loss, I thought I better trading with strategy of hedging and trading will be my change of shortterm and longterm will be I close that profit after showing signs of changing market trends and it would be very nice.:)))