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Thread: What will you do when you know that just opened the wrong position or entry?

  1. #95
    Banned ndm is on a distinguished road ndm's Avatar
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    it is very difficult to new trader to enter into a better position most of the time it is in wrong entry and this can be cater only by the help of all those friends who know that what is this trading system and they are the better guides for trading

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Member sabuz is an unknown quantity at this point sabuz's Avatar
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    some time all trader trade wrong position then the trader should use perfect stop loss area, then the trader make him danger free,

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    I ever put a accept profit and prevent loss at the rootage of trade. with bagitu, still tho' the toll moves against the business, the loss in giving with that we put sl. This is the risk of forex. we should be able to digest it.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  4. #92
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    Quote Originally Posted by boitali06 View Post
    I think its supposed to close that trade immidiately because its better to familiar it on another advised if we keep it than may be it create loss writer than our mean. I always approximate my trade when i realise that i neaten a wrongheaded judgment almost accounting because that transport my tentiona nd wage other possibleness
    I totally agree with you - we should correct the mistake at earliest stage we realise it. When we knew the market is not going we expected there is no reason to wait as that will just be increasing the losses and would be unwise decision.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  5. #91
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    I think its supposed to close that trade immidiately because its better to familiar it on another advised if we keep it than may be it create loss writer than our mean. I always approximate my trade when i realise that i neaten a wrongheaded judgment almost accounting because that transport my tentiona nd wage other possibleness

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  6. #90
    Member taufiqbd will become famous soon enough taufiqbd's Avatar
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    For newbie, I suggest first 6 month must be practice demo trading and learn stop loss, take profit, headging, and analyzing knowledge. When you learn these matter then you solve your any situation in forex very successfully. So learn first then earn.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Member darksaimon is on a distinguished road darksaimon's Avatar
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    i expect that sometimes it happens that due to the pushing of Forex trading, we leave unlawful a unethical business so it is the champion way to respond that spreading loss and end that role because if we rest it outside, then it can be tested much venturous and can alter us to silty a lot of money

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  8. #88
    Junior Member naveen is an unknown quantity at this point naveen's Avatar
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    If indeed we are confident our position is wrong or contrary to the trend, I usually do a cut loss or hedging. I do if the intended hedging by price point not far from the position of my loss. so there is no need to wait for too long to be able to open the hedging.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  9. #87
    Banned kiran is an unknown quantity at this point kiran's Avatar
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    The first task to do in such situation is to get rid of those mistakes by closing those trades at least loss if you see strength in that opposite move you can open the new trades in that direction and thus cover up those losses and make newer profits

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. #86
    Banned raka999 will become famous soon enough raka999 will become famous soon enough raka999's Avatar
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    if i had the wrong position, I will do my cut loss. it is a sure thing to anticipate a larger floating minus. I think, damages dozens of pips is not a problem, rather than having to lose hundreds of pips. because, of this indiscipline, bigger problems will arise.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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