Do You Always have Plan B?

[Bibhu]

If my strategy get fail time and again then I can think of plan B .All trader should set two plan or strategy in his mind and if one strategy fail then he should work with his second technique. it is a better idea to have a plan B.

[arbazkhan]

when we start forex trading and before making an order we think about it that either it will work or not and if it will give us profit or it will give a loss so we should always have a plan B to do

[muhammadrauf]

yar muja to abhe is market ka bara ma itna ni pata dear ka is market ma new houn so yar abhe to sikh raha houn is market ka bara ma so inshallah jal de ap ko is ka bara ma batou ga

[parks645]

It really is wise decision that people ought to then come worst type of predicament, the idea transpire oftentimes that my personal trading are usually in burning consequently neither i'm able to near people neither i'm able to available brand-new trading to repay cutbacks because of lower perimeter, pertaining to this sort of situations my business is ready having yet another bill and in many cases when my personal bill is usually caught in receiving yet another very good possibility i prefer the 2nd bill for you to obtain revenue.

[Daniraja123]

No dear friend mane kabi plan b use nahi kia hai q k muje kabi loss hoi hi nahi hai q k me trading na hi broker se karta hon aur na hi kisi robo se me khud apne haton aur apne zehen se trading karta hon aur muje apne hathon aur mehnat pe pora yaqeen hota hai.

[shalman]

if now we have a secondary set up then we could defend our account along at the crisis time as a result of in a few condition its seen that almost all of our main strategy could fail therefore we could possibly be in terribly a lot of tension that how you can tackle that situation and then for that another strategy could work higher.

[chartfx]

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.

Plan B and Plan C was necessary also necessary, because we do not know how we plan to run smoothly or not, even though we had plans and scenarios but in this case may be in the middle of the street there are several obstacles and challenges that we plan to make a mess and some it may for example we've got a backup plan B and if it should be injecting funds

[bogelfx]

if we have a lot of planning, trading was very good, so we do not feel confused when an error occurs in the open position, if plan A fails, then we can try to plan B, this is a great way

[mikum]

i'm a brand new trader and consistent with the sites that ive browse hedging is absolutely not great idea for beginners because you have the ability to while you is probably not ready to handle your hedge trades properly and facing loss a little over profit, thats what i perceive from it. well, sensible for your company which you forever utilize a arrange b, and that i think each trader have arrange b or possibly c and d.

[Cry1991]

I think if Plan B side effects do occur, in most cases, they are minor and trading to the best of your ability. understand everything in trading making sure that you can understand anything is a good plan