Do You Always have Plan B?

I do accept a plan B which agency a altered action in case a barter goes amiss or there are ambiguous market altitude or during times if trend is not clear.
So a banker should accept addition plan in apperception in case of an emergency.For archetype one can use Hedging in case of a bad barter or ambiguous Forex conditions.

I always think about it, but it was very difficult when with a plan it is difficult ..
I am especially thinking about a backup plan that is draining my energy, and saturate it ..

i have plan B which is mean i m investing 40% of my money firs time if i trap in a position or in a trouble then i deposit 20-30% again for backing up and trying to recover with more volume ..i think everyone having this type of back up plan

There is no plan b there is only one plan we can use while trading.Using many plans and changing plan can make you confuse and it can affects your trading behavior.

Looks same you are a millionaire already you act for your value to move rearward, deedbox when ? and if you got margin ring you puddle new account ? why. My innocent always use labial loss, it testament prevent the pause of your account part and try exclusive few pct of you account. Advert effort margin exact give cocain you account and you faculty recede everything but by surround a stopover loss present utilise you a measure to proceeds

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Originally Posted by rahulsagar

There is no plan b there is only one plan we can use while trading.Using many plans and changing plan can make you confuse and it can affects your trading behavior.

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understanding of the plan b you are using seems wrong, plan b is used if a plan is being carried out have failed, so we will not run out of ideas if there are still remaining plan, not as you imagine, that the plan was in use at the time the same time, it would be killing us

Right while hedging money in forex we should keep watching orders as markets can reverse and can make you profit trade lose and we can avboid using that strategy.

It is good for a special plan B keep in traders hand.But,I do not do that kind of work.I generally,depend on the news for trading in forex market. And most of the time I win.So,I do not plan for a new strategy.But,I think it should be keep in hand.

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Originally Posted by shahzad0able

I often wonder while trading if something goes wrong with my strategy there have to be something that is should adopt to lessened my losses. So, I've come up with this question that Do you guys (traders) have a plan b ?
I have a plan B and its called Hedging. I use it when my trades go against my plan A. It does not protect you from losses but it can maintain your loss at a certain level. You can think of many and select the one that suits you best. Share your plan B.

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bahi hedging ka use karna ka bhi aik treeka hota hai kion kay koi forex ko hedging nhi karah sakta hai app ka sharp mind hona must hai hai hedging aur hain reverse trade ho raha hai to monitors per on rahna lazmi hota ha

If you are a beginner, security is not the honorable strategy for you as you might not be competent to grip your sidestep trades properly and coat loss more than profit. It is a real relinquishment strategy for those who jazz discriminating change of market damage sue.