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yes my dear I actually do believe every successful trader has plan B in his strategy and when he feels that something is going wrong ,he changes his strategy and works according to the new strategy. This is called hedging. It can also be termed ass emergency plan in case of somsomething goes wrong with current strategy.
Use both the higher time frame and lower time frame to earn the money in the Forex trading business, and you also have to have a plan B to be able to give a touch of the other plans that you think are less effective.
No i perform not have plan about b i perform not factor which i tend to make lots of profit by performing this particular business on b space, i have plan about gold business i factor gold is that the location exactly in which my time will make use of on a right method.
dear bro, I strongly do believe that i dont always have plan B, because my trading often must face many problem when i have plan B. i think trade simple, always use stop loss is the best way to trade in forex. so, i will not face many problem anymore, will not stress and get high tension anymore.
dear in forex trading, personally I consider it is good for a trader to have a plan B to trade the forex market.i trade the longer time frame but when i see that the market is not trending i move to smaller time frame and that make my trading move smoothly in the forex market
I also make use of plan B. And my plan B usually is to make use of stop loss. I think, every of each traders ought to make use of stop loss. As a result of stop loss is actually this kind of a useful instrument which will safeguard u through large loss.
Another structural feature of our set of broad markets generates an offbeat
form of information risk. The more popular the market in terms of its
total participants, the more information is generated. The more information
we have (I’m tempted here to call the bulk of it Do-You-Always-have-Plan-B
well dear actually in forex it is no doubt that forex trading is a mind game and better for every trader to get the profit in trading forex to make a best planning and use the best strategy because best planning always display the good result in profit.
well bro, in forex trading I strongly believe I never did hedging and will never do, I don't believe in hedging, its just a waste of time and another myth to level down a position. I have Plan A which is close the position if the trend is changed, and there is another plan I call it big stake. If you're floating and want to recover your loss and also earn profit, bro.
ak acha and experienec wala forex tarder hamesha apni tarding mi kisi na kisi plane B per lazmi umal kerty hien kuch tarders loss hony ki sorat mi stop loss ka use kerty hien and kuch hedge kerty hien.