Do you have an alternative plan?

[suniltrader]

There must be an alternative plan in every trader is trading plan. The market is so complex that anything can happen in a short span of time. Hence, the need of alternative plan is the. Sometimes the market gives the fake out so you need to learn how to trade the fake out to make enough profit

[sayinifx]

Trader ko market me plan ke sath Kaam karni chahiye eske liye trader ko achhe se business me analysis karke samjhna hoga aur plan ke sath trading karni chhaiye tabhi trader yaha par achha kar sakte hai trader ko alternative plan nahi hona chhaiye.

[seahawks90]

bhai iss field mein agar aapke pass plan B nahi hota hai toh aapko iss field mein loss ho sakta hai iss field mein profit kamane ke liye mehant karni zarori hai iss field ko samajhna zarori hai bhai.

[montes]

Well I have some separate savings in a bank account in case I lost everything in Forex. I dont take much risks anymore but in case I did, like going crazy with a 1:1000 leverage, and lost all I had in that account, I would refill it with a part of the emergency savings I have in that bank account I just mentioned.

[hitesh_2262h]

Dear Member,

I have also loss around 10000$ and above but i not loosing my confidence. I try again and again and try to big profit.

---------- Post added at 03:56 PM ---------- Previous post was at 03:55 PM ----------

any one can to give me best suggestion for forex market tips. If have any confident in this market please write to me

[mahi218]

koi dosra mukhtalif plan hamesha he humari zrorat howa karti hoti hai us zrorat ko hume dekhtay he kuch pata lag jana chahye hota hai or pher he hum kuch kar saktay hotay hain hamesha ki tarha say hum bhot kuch achi achi or behter say behter baten kar liya kartay hotay hain.hamesha he alternative planes bana kar chala kare.

[fxtrader123]

every time I enter a trade I have some alternate plan that i can use, some times plan works and some time it don't therefore alternate plan is necessary, while trading in forex, sometimes you have to hedge a position that you have opened and sometime you look for any other alternative while you are trading.

[Kenyatta]

Always have a plan B and these is what makes it really important that when you are trading there are certain values of forex trading that makes forex well,but the very fact that you can have a plan A,B and C is really important and it works well in all cases and so we have to value the difference that we work with

[akash4u4ever]

nae bhai forex trading krte time main bus apne ek hi rule par strict rehta hu but ab maine kai changes kiye hai apni trading main ab main out rehna jyada pasand krta hu agar market main mujhe losses ho rahe hai to

[hmallia]

When ever I face loss, with out any hesitation I close the position instead of thinking any alternate plan, but if the position is for intra day but if my position is for positional then I think about averaging, instead of closing at stop loss point, so that I can exit from both the position quickly at some profit point.