No I do t have alternating plan as I am confident with my one plan only I know it will work and make profit any how and that one plan only I know properly how to make it use at any situation
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No I do t have alternating plan as I am confident with my one plan only I know it will work and make profit any how and that one plan only I know properly how to make it use at any situation
I have an alternative plan and is mainly based on the usage of the strategy that i use to open a second trade while following a New tren. This covers my other chances of losing in this business
nai brother main forex ko bht enjoy kar raha hun or mera is ko chorny ka koi irada nai or ye mery liye kafi hai or main is main bht acha earn kar raha hun to mera koi or plan nai hai.
yes me alternative plans banata ho jab market volatile nai hoti ha to me koshish karta ho k apni trades ko modify karon and unke through jo loss hone jaraha ha usko bachalo so muje lagta ha alterbative plans hume banane chahiye
agar koi forex trader fully money managment ke sath trading kerta ha tu us ka loss hony ke chances kafi kum hoty hien , is ka main reason ye ha ke us ka loss kum ho ga jub ke baqi deposit se wo achi trading ker sakta ha.
On the forex, the difference between winners and losers traders based on the fact that the former are attentive to their trading methods while the latter are more concerned with their money. To succeed in the foreign exchange market, so it is best to focus on becoming a better trader than trying to make money.
okay well I have no any alternate plan yet because till now i am doing well in forex trade , and if there comes such lose i do not care because it is the part of business and we have to face that in any way , but in the case of continouse lose then may be i join any other trade .
you have to learn more and more and train good..........
To focus on trading rather than money, you must choose a trading system that you like. It is not advisable to opt for a strategy too complex or that put you off as you go dragging their feet. Look for a simple strategy that you will understand easily and that you will put in place.
Always stay in your trading plan: this is directly correlated to the above. If you choose the wrong strategy, you will apply it badly and will be tempted to take actions that go against him and this is rarely productive. To consider making profits, it is, indeed, essential to establish a plan and stick to it no matter what. You should not want to compensate losses by opening positions without having previously thought about.
it is a nice question
if you are failing from your strategy then is there any backup plan?
i believe if my trade is surely going against me (suppose if i had bought eurusd and the trend is bearish for sure then i would see a proper time and see the eurusd in the next order)
i believe this method is risky but with proper analysations i can cover my losses
this market oftenly provide us such neumrious opportunities on almost daily basis that we indulged so we will use the averaging technique or may used matiangel or even use hedging techniques.