Do You Always have Plan B?

[donofforex]

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.

han forex trader k liye lazmi ha k woh apne main plan k sath sath koi plan b bhi rakhey kioun k mugh ko pata ha k jab app ka plan wrong side par ja raha ho to phr app plan b par aamal kar k us ko control kar saktey ho

[vineet]

since i know that market has it own kinds of movement, i'm already making several type of EA that can be run alternately, so when the market moves sideways, it's time to use martingale system, when the market going to be a trending, using a scalping is the right option, and so on, each moment has it's own plan. so i guess i'm not only having plan b right?

[aryan]

my plan b is always written in top of my screen, so i can always able to read it whenever i'm in trouble positions. writing this note help me to think more clearly and objective about things i have to do in just short time.

[neworder555]

yes it is very important to have plan b in our trading
i am also use heading in my trade when the pair going against my analysis
but i do that from strong point that i think i will can fix this heading from it safely in the future
and may sometime use stop loss and put it at strong support or resistance

[narendra]

yes i do and the plan "B" for me is just to convince with what happen to my account and keep trade with the same strategy i think that this is the best way for us to get success ibn teh forex market

[vineet]

yes you are right i think that the plan b for me is just the hedge i mean that when i open deal and i am going to lose i open the hedge of the deal and wait till the next good signale ..here i will close the bad deal and let the other till recover all the lost

[tarun2305]

mer aplan b ye hai ki volume badha to trade ka agar loss me ja rhe ho aur market ki hi direction me volume badh kar trade karoge bahut jaldi se loss kam hpga
bas ek cheez ka dhyan rakhna hai ki trade ko jaldi close karna padega warna loss aur badh jayega

[anubhavsingh]

i have a plan be.. but sometimes it doesn't seem right to use plan b... stick to your plan a ... it'll make more profit.. don't want to take revenge... it may ruined you... best of luck! happy trading...

me jab bhi trading karta hon to poori study ke stah hi akrta hon aur yahi koshish karta hon ki mera plan A hi safal ho ajye aur mujhe plan B ki zarurat na pade
lekin fir bhi me dusra plan leke chalta hon taki agar pehla plan fail ho jaye to me apne account ko bacha ke rakh saku..har trader ko yahi soch ke trading karni chahaiye kyunki market ko ekdum sahi predict karna bahut hi mushkil hota hai

[mashrufa]

every time plan is profit but sometime plan did not work. situation create plan so some time plan its not help full.this time god handle.

[harshbh]

its always convinient to have a PLAN B... back up plan is never worthless... once u have lost smthing (i wish u dnt ever see tht loss), but still if u have any loss, plan B makes it mild and tries to mediate the impact...