Do You Always have Plan B?

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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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no i dont have any b plan, i just wait for my price to come back and if i got margin call then i make new account and start again ,never give up baby

i have no such a plan.i trade on forex by my mind.there is no plan and no good strategy and for this reason i am not making so much profit.i had so many opportunity but i was unable to use them for lacking of a good strategy and any good plan.

plan B can be quite a extremely strategised program with the aid of cease damage as well as hedging coz basic you'll be able to atleast stay away from likelihood of setting up a huge damage, i in addition use sl right now each time as well as i mirielle fairly content and also a little relaxed coz than it though exchanging.

i never want to use hedging. it is the method of reduce risks. i prefer to use stoploss. not interested in loosing money. thank you.

i am new trader but i think it is not impossiable to make profit by one plan for any business. So a trader should have another plan in mind in case of an emergency.

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Originally Posted by royronjonsukla

i am new trader but i think it is not impossiable to make profit by one plan for any business. So a trader should have another plan in mind in case of an emergency.

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of course we must prepare a plan B, Because in every forex trading must undergo a series of mistakes, in anticipation of the first course we had to prepare a new plan to reduce the risk of that happening...

I think every trader should have plan B because in case of any uncertain market condition plan B helps that person out .

jab humari trades loss main chali jain to humain market ka wait nahi karna chahye ke yahan se wapis a jay ge yahan se a jay ge balky humary pass koi plane B zaroor hona chahye ta ke hum apna account na loss karwa lain kion ke yahan humary deekhty dekhty he account khali ho jata hia

Quote:

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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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forex trading market me heding karna aik acha idea hai magar is ke liye bohot zayada dimag larana parta hai sath hi me acha capital aur forex trading ka experience hona be zaroori hai is me

as forex treading is the best business i have ever came across ever then still when you are trading here you must have a plan B in your mind that if this thing happen then you will go for that plan and in that you will avoid loss