Do You Always have Plan B?

[flantom]

Hedging is a good style of trading forex, since the market only moves either upwards or downwards, it means if the market went against our initial movement assuming upwards we would open a downward movement to take profit when the market finally favours our initial direction.

It is more safe if you have maybe 3 or 4 plans,i also have plan B,this is different strategy and when something goes wrong i'm ready to react.I think every trader must have minimum 2 plans if he want to don't have problems.

[nadim_bd]

Yes I always have plan B. I think everyone should maintain plan B. Plan B is to help you to get rid from the huge loss.

[khan44]

Forex trading main quickly fayslay kernay padtay hain agar humara plan A kaam na aye tou perayshan nahin hona balkeh time zayea keya bagair humain foran plan B use kerna chaheay.

[subhan4]

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.thanks....

[khang]

i think in every business in the world every business man have a some plans plan A or plan B and if plan A fails then plan B apply and i have also a PLan B for forex trading

[hunter1]

no mostly my plan a work for me good so i do not use my b or c plan in the forex market but if the forex market goes to bad direction in the forex then we should need to work and follow the trend and i use plan b or then plan c in the forex market this is the way for my success in forex market.

[saimi]

mostly people using this because plan b can be a very strategics plan with the help of stop loss and hedging becouse with these you can at-least avoid chances of making a huge loss,

[abdullah.12]

i think is a better job.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. better job................................

[nadim_bd]

Yes I always have plan B. Plan B must be very skilled to get rid from bigger losses. It helps me to reduce my huge lose.

[tambahfx]

i am new trader but i think it is not impossiable to make profit by one plan for any business. So a trader should have another plan in mind in case of an emergency.plan B is fewer like stop loss. it can not stop loss but can help us very much. when our trading goes against our capital or our position we can use plan B for making our loss in a minimum level.