Do You Always have Plan B?

Plan B of course it must when trade. Not only when trade , in all bussines you need that to save yourself when the condition become worse. That is what the plan B need. In case of trading the plan B is sometime can describe as the hedging process. Like when you are trade and you become in wrong position, you can make the hedging position to cover your account.

ji haan when i beleive with approach M. with fx you must have a variety approach and you should complete whatever you decide to can certainly a great number of situatiosn wil lcome and so you must have approach Some sort of, m or maybe approach G possibly. although I'm sure beneficial professionals will probably have several choices and so simply just allow yourself selections in addition to allow it to become uncomplicated.

Of course I actually do have a program M so this means an alternative strategy should any industry is going completely wrong or maybe you will discover unclear marketplace conditions or maybe while in occasions when development is just not obvious. And so any investor must have a different program in mind in case there is a crisis. For example one can make use of Hedging in case there is a negative industry or maybe unclear marketplace conditions.

No i haven't. But i constantly attempt to maintain a plane B. Because typically we will notice which our normal set up generally are not operating properly then we need to strive yet another set up. So i'm making an attempt to get yourself a great set up B

I want to earn lot of profit through forex that is and so i will never leave this business this is my best dream only I'm still confused by the rules out of the market it has been very strict in rule ane enter the market namely it need to benormally i will download some series or movie to watch as if that i am learning in this market and that too with some good pace but one problem that i face is that i always have a low capital so i want to correct that if i might have good capital than i would be able to trade wel

I think that the best plan B is to set a StopLoss limit .
This will preserve your balance in case the trebd went in the opposite of what you want !

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

Yes I do have a plan B which means a different strategy in case a trade goes wrong or there are uncertain market conditions or during times when trend is not clear.So a trader should have another plan in mind in case of an emergency.For example one can use Hedging in case of a bad trade or uncertain market conditions.good luck my frndzzz...

I think with that plan b is a sign that we are serious and always full of preparation in trading and that is a good thing and we will definitely be successful with a very hard effort and most importantly always ready and calm and should be able to focus then all will be well.:accute:

In my future plan with forex I can get good experience so that I can earn from forex all my life in fact large capital so i can earn much profit in fact because the monthly benefit only the recommended range of 10-20% month then Plan can all time very helpful for me in forex trading business namely I take it as my best profession and I totally depend on forex NO way I have to do it only because i have lack of experience and so that i will try to develop my self