Do You Always have Plan B?

[muamar]

I have a plan B which means a different strategy in case a trade goes wrong and there are uncertain market conditions or during times when trend is not clear . but still i want to make more money from this site

effective if we have two strategies, I think we better maximize one strategy, we focus on learning the strategies that we can execute this strategy properly so they can get a good profit from this business.

[wethaq]

I have a plan B which means a different strategy in case a trade goes wrong and there are uncertain market conditions or during times when trend is not clear . but still i want to make more money from this site

[yanni4forex]

i have always plan b but i never used it lol, i always follow my senses and forget that there is a strategy ... every time i say i'll never trade when there will be a fully news week, there problem that every time i change that idea i lose...

[demitri86]

Yes for me also relied on hedging when I feel that the capitalist is in danger but sometimes may be hedging itself the cause of the loss you have to leave open transactions, and may turn price in the first direction and become the second loser in the deal

[hmidaanas]

my trade to can have a good result and to can have my. but the organitation it's important in any travel , or bussiness bythe organitation you can win.

[GUTEMBERG]

The plan B that I know more is the stop loss, this really works. rsrrsrs ... I have no plan B. I let traders roll until some goal, SL or TP, and so will taking, it is not good to want to avenge the market is very bad and always gets worse than it was.

[satriafx]

I do have a thought B which suggests a unique strategy just in case a trade goes wrong or there square measure unsure market conditions or throughout times once trend isn't clear. So a traderought to have associateother arrange in mind just in case of an emergency. For example one will use Hedging just in case of a nasty trade or unsure market conditions...

[mohamed4]

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.

It doesn't matter what kind of plans, as long as it's written plan and carefully thought-out. There are many ready-made plans that you can use, or you can keep your plan. But make sure to try the plan default account before you spend real money. And do not plan to experience a week or two weeks and then not adoption.

[Chelsea91]

everyone should have specially in the time of large loss, you should not think about revenge from the market as the first option after loss, you must calm yourself and don't take any decision till the market becomes stable again

[orient]

If the main strategy is failed, it would put me automatically to the second strategy because if I am going to losses, then in this way I will be close to my stop loss and calculated stop loss is a backup of my strategy. While there is not anything that saves you from further loss. But diversifying your tradez, saves you from hell loss.