Do You Always have Plan B?

[ekwaset]

i have no such a plan.i trade on forex by my mind.there is no plan and no good strategy and for this reason i am not making so much profit.i had so many opportunity but i was unable to use them for lacking of a good strategy and any good plan.

[bilalpakistan]

yes, but we should make our Plan A in such a way that it should
not be failed. we should do a proper strategy to make a trade,
if we do so . we should not be failed.

[ombah]

yes i have a plan b for my trading because the plan A does not make a success every time and also the plan B maybe not working good for some times than you lose it all so it is better to do more than 3 plan to avoid loss.

[adam88]

Certainly possessed an alternative plan to be reliable because any shops in a market such as Forex has a lot of volatility should have a fallback plan, which depends on when that reflects market it and this is logical we all have to care about and look at the forex market this insight through good planning to price implications

[nusratbegumbd]

I am newbie in Forex trading. I am always fighting to get success and keep on planning. I am ready for all kind of preparation and I am ready for any kind of shock in market.

[juwel107]

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[aasghar]

Yes I have always a Plan B but this may works some times, when I fails completly than I apply plan B but this plan some times solve my problem and some times it also fails.

[Jubel300]

YES,we should always have a plane B because if you plane A will fail then what you will you do? There for always have a plane B when your plane A will fail than you can apply your plane B and safe from a big loss.

[didir88]

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 its not suitable for me..If plan A does not work, my plan B is no trade. why? because I think too much trading plan, can be bad, such as dissatisfaction aka greed and always push yourself to re-enter the market .. it is my opinion my friend ..

[rubel]

ou hold the key to your destiny and therefore you must open the door to your life using it. Take practical action by taking that elusive first step which, as simple as it may sound, holds the key to achieve success. They say that work is only that which one has not been started. Otherwise, if you keep postponing your project, you will finally end up not doing it at all. You must be very focused and disciplined. Stick to your goals and sacrifice what is of lesser importance so that you get positive results.