when we are in such huge loss then we must have to close the trade as we will blow out our account it means that you have taken the trade in the wrong direction so you must have to close such trades so that you will not lose whole of your capital.
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when we are in such huge loss then we must have to close the trade as we will blow out our account it means that you have taken the trade in the wrong direction so you must have to close such trades so that you will not lose whole of your capital.
well dear to me I strongly believe i never do close the manual, when I trade, I put the correct money management and make tp and sl, so I do not need to close the manual which will have an impact on psychology, because I apply money management and risk management correctly, then I am not afraid of loss or profit.
forex trader ko etna bada loss apne trade me hone he nahi dena chahiye kyunki aisa karne se trader yahan market me baaki ke chance tarde lagane ke kho deta hai,yahan trader ko achhe se samajhkar he market me kaam karna chahiye..
agar ap k pass ballance sahe hai margin yai cheeze controll kar sakti hai tou zrur ap ko us ka wait karny ki zruart hai magar 500$ hn capital us k sath ap is mai controll nahe kar sakty hain wo fir loss he hota hai but agar ap is mai proper sl rakh dain aur lot size zara kam rakhy tou kafi sahe rahta hai hamary leyay..
It is better to trade with proper money management and keep all the risk under control .if a trader looses 300 $ in a trade it is really a hard decision to carry with the trade or to close it as after so much loss it is too confusing , but it is better that a trader does not falls in such a position and perform his trades with proper stop loss .Quote:
Originally Posted by mix
well my dear I personally consider this depends on your capital invested or your account status if you account is big enough to bear this loss or not it depends on your balance that you should close it or not or making some long term strategy.
Trading me jab traders ko big loss ho raha ho our os ko market fave me janay ka koi chance na mil raha ho tu trade ko close karna hi better hai.Me tu is situation per trade ko close kar do ga.Our next trend ka wait karo ga.
well, in fact strongly believe that when you make the trade and suffer the loss than the investment then you should wait the best time to you which is the favorable and the reasonable to you otherwise you lost all the all your money, but i say that you should control the account and when feel that the loss condition then close the trade and secure the account.
well, dear I actually do believe that first of all, you should apply stop loss on your trades and do not let it go so much in loss...but if you are already losing such big money. Best decision is a whisper of conscience. If you let the floating negative, is there any indication of the condition of the market will turn around? If there is, while you let it.
can get the good doalr sharign you should apply stop loss on your trades and do not let it go so much in loss...but if you are already losing such big money...then you should think and see that whether capital is enough to cover more losses and you can handle it or not....if you can not afford more negative floating, then it is better to close it in loss and avoid further losses and save some for trading...