Do You Always have Plan B?

[yum]

i must say that we all must trade with two plans at least as there are many times in the forex trading when we fail as we have made the wrong trades so must there be plan B

[purohit]

mere pass koi plan b nahi hai.
mera balanc or profit jyda nhi hai so koi bi b plan plan ni kiya hai. ha lekin jab main forex se acha profit kamane laguga tab me b plan jarur banauga.
kuch pesaa backup k liye rkha kaurga.

[nabila]

I do soul a direction B which agency a distinguishable strategy in example a line goes evil or there are doubtful industry conditions or during present when discernment is not comprehendible.So a trader should acquire another direction in nous in sufferer of an brake.For information one can use Hedging in casing of a bad transaction or unsafe

[jamalmolla5]

If you are a newbie, hedging isn't the right strategy for you as you might not be ın a position to handle the hedge sells properly and also facing loss well over profit. It is a very glorious strategy for those who have good experience of market price action.

[tanjim7]

i never have plan B because i dont have any idea about plan B and also i am newbie in forex currency trading. hope i will gather knowledge about plan B soon.

[yum]

i have three plans that are based on three different strategies and the plan A and the plan B are inter related as the plan B is the rescue plan for the plan A if that does not work for me and the Plan c is totally different

[milan]

I consider in Fiorenze you must eff design B as every instance things gift not go according to you and few times you poverty to hit project B. So fitter you somebody all the planing finished before you unlawful a positions as if your Project A does not make and things does not ago according to you so you can use think B then.

[syphertob]

I think good traders will always have many options so just give your self options and make it simple and so i also use sl now everytime and i m pretty satisfied and also a bit relaxed coz of it while trading.

[kiran]

A trader needs to trade with his basic and main strategy most of the times which can be called Plan A in this case but due to risky nature of these markets and unpredictable attitude of these markets it is important to have a contingency plan which can be Plan B in this case .

[joru]

Since you mentioned that you do not have any plan only then in your case you need to first develop a plan or Plan A in your case and form a direction for your trading and then later on worry about making a plan B.