How to Decide During a Bad Trade?

[chintan]

ha sl denese aap bad time se bach paoge. par sl agar hit kare to phir se entry lena thik nehi hoga. aur ha agar phir se entry lena chaho to right entry lo. neho to phir se loss.

[prem]

Extremely useful post for all new traders..
If you loss few of your equity in your initial trade, you should not discourage yourself..
You should keep a good watch over all your drawbacks and then you have to avoid them during your next trades..This is the best strategy for all new comers..

yes, i accept your opinion. all losses are occured by our mistakes only.to reduce thes losses,we should use take profit and stop loss.also we use low lot sizes for back and forth market movements.

[realfun07]

When you observe that your trading not useful for you or you done bad trading then then trader must take step back and use demo account for practice to improve their mistakes in demo and to correct their mistake to further trade in real account

It is very good to go back to demo account and trade there in case a trader continues to make successive losses as a trader needs to do some changes in his strategy or trading style and demo account is the best place to do it.

[rakesh]

yes .if we panic when we are trading we will enter a more bad situation.So its better to stay calm.there will be no use of thinking the loss.So we should try to manage the loss and think what we should do in future to get profit.

[yogesh]

It is always better to get rid of bad trade in time, and should not add too much to a losing trade rather realising your mistake better to trigger stop loss and save your capital by loosing little. I would like to add let your winning trade ripe and try getting maximum profit close it on indication of reversal.

[Garry]

firstly being calm is good to get rid of tension. mistakes should be found out during such a bad trade , find the way to escape the mistake next time.
you always have the chance to repair the loss . don,t think you are earning for luxuries , think that you are trading for your survival.

[meyi80]

I don't think it's a good idea to leave forex trading for a week just due to bad trades. First of all you should try to find out the reason for those bad trades. You must trade upon a proper analysis otherwise it's a gamble. If you are trading with the help of proper analysis then you should find the error in that and should continue the trading.

dare to accept the bad result in our trading is one way to admiting that our analyzing is wrong, so by doing that we can find the mistakes and make it better. There's no need regreting too long, bad result or lossing the trade is a common thing happen in trading.

[anchitkole]

When you observe that your trading not useful for you or you done bad trading then then trader must take step back and use demo account for practice to improve their mistakes in demo and to correct their mistake to further trade in real account

[anchitkole]

in forex trading when you getting loss that is the bad trading but improve trading with our knowledge and with the help of practice on demo account, so make good planning and good strategy to make your trading good.

[anitagala124]

That is right, if the market did not catch our stoploss, that is to say, according to our analysis, the market is still on our side;if the trade did catch our stop loss, that is to say, the market condition has changed, we should quit and wait, we just have a loss, no one can win all the trades, so be cheer up;but if we trade without discipline and lose our money, what can we do? we just can accept it and get money to restart, that is it.