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Thread: Do You Always have Plan B?

  1. #1
    Banned shahzad0able will become famous soon enough shahzad0able's Avatar
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    Do You Always have Plan B?

    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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    Banned waheedpcc will become famous soon enough waheedpcc will become famous soon enough waheedpcc's Avatar
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    Quote Originally Posted by shahzad0able View Post
    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.
    dekho shahzad hedging k use kerne ka be aik ay hota ha kuin her koi forex ko hedging nehe ker sekta ap ka sharp mind hona must mangta ha hedging, o r hain reverse trade ho rehe ho ti to monitors per on rahna lazmi hota ha or jeb profit a ni wali to position close ker lni chahy e greedy nehe bena chahaye

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    Senior Member bestlooser will become famous soon enough bestlooser will become famous soon enough bestlooser's Avatar
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    ji haan i beleive in plan B. in forex you must have all sorts plan and you should do whatever you can so many situatiosn wil lcome so you must have plan A , b or plan C even. but I think good traders will always have many options so just give your self options and make it simple.

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    plan b can be a very strategised plan with the help of stop loss and hedging coz with these you can atleast avoid chances of making a huge loss, i also use sl now everytime and i m pretty satisfied and also a bit relaxed coz of it while trading.
    Rock On

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    Member gosians will become famous soon enough gosians's Avatar
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    Quote Originally Posted by shahzad0able View Post
    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.
    Hedging ak achi strategy hy but ic ko apply krny sy phly market ki situation ko dykhna prta hy, agr tu apko clear idea ho jaye k trend ab change ho raha hy tu apko chahye apni open position ko close kr k trend ki direction mn new position ko open kren but agr aisa nhi hy tu hedging apply krny main koi problem nhi hy, you can get some extra pips by doing this.

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    Banned imbest is on a distinguished road imbest's Avatar
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    If you are a beginner, hedging is not the right strategy for you as you might not be able to handle your hedge trades properly and facing loss more than profit. It is a very yielding strategy for those who have good experience of market price action.

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    Senior Member BojanHajdinjak has a spectacular aura about BojanHajdinjak has a spectacular aura about BojanHajdinjak's Avatar
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    Quote Originally Posted by shahzad0able View Post
    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.
    I have plan B but it is normal part of the system.
    It works good on bigger accounts where I can plase enough number of another positions.
    But its not very effective for small accounts where cant place enough orders.

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    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.

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    Quote Originally Posted by BojanHajdinjak View Post
    I have plan B but it is normal part of the system.
    It works good on bigger accounts where I can plase enough number of another positions.
    But its not very effective for small accounts where cant place enough orders.
    My plan B is to wait for the markets and then trade only when the trend is clear and we are able to see the signals. This is so because we cannot risk of loosing all the capital that we have with us at anytime.

    The best thing to do is that we make sure that our backup plan is executed when we make some loss from the Forex markets and thus become ready for the future.

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    Member sanjeev will become famous soon enough sanjeev will become famous soon enough sanjeev's Avatar
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    Quote Originally Posted by shahzad0able View Post
    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.
    ha bhai main bhi hedging karta hu agar mera position mere against chale jaaya, so isme tension nahi hota hai margin call ka

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