Do You Always have Plan B?

[teje]

B plan or strategy that I do is averaging but when prices move away from the OP that I do as much as 500 pips, so I only use 4% of the total margin that I have and I will mengguanakan 2% more than my margin to perform averaging and total margin that I use is 6% ...

[bestlooser]

this mean you have a plan and certainly must be know how much you buying and what can happen in what situation? because if you just enter position without experience then you can be surprise at times whats happening so just be aware of the market situations.

[raka999]

just see and try to predict the future and just think all the possibilities in future and what will you do in what situation and then you can make a plan and you also have to consider when you will be in loss then what will be your plan.

it is often not thought of before. often we only focus on profit, without even thinking about the risk that we can experience. I always tried to discipline in reducing the risk that happening. of them, I always use a stop loss in every position that I created.

[vineet]

Mujhay naheen lagat kay koi bhui trade trade kay doraan apna plan ko change kar kay kuch faida lay sakta hay. Ye forex market hay koi cricket ka medan naheen jahan aap jab chahiye plan badal lo. Aap ko yahan plan change karny ki keemat chukana parrte ha

[bestlooser]

Forex trading is a mind game and better for every trader to get the profit in trading forex to make a best planning and use the best strategy because best planning always display the good result in profit.

just see and try to predict the future and just think all the possibilities in future and what will you do in what situation and then you can make a plan and you also have to consider when you will be in loss then what will be your plan.

[anubhavsingh]

Forex trading is a mind game and better for every trader to get the profit in trading forex to make a best planning and use the best strategy because best planning always display the good result in profit.

forex trading me trader ki strategy juitni zada achi hogi usse utna hi zada profit milega kyunki forex me paisa kamane ke liye trader ko acha plan hona bahut zaruri hai
agar aapki strategy achi nahi hai lekin aapke pas paisa hai tab bhi aap forex se paisa nahi kama payenege..paisa kamane kel iye strategy aur plan hona bahut zaruri haiu

[herono1]

Forex trading is a mind game and better for every trader to get the profit in trading forex to make a best planning and use the best strategy because best planning always display the good result in profit.

[pipsurfer]

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.

plan B is good, but it require a constant watch n the chart, so i didn't use any plan B since i'm a part time trader and don't have enough time and energy to watch the chart always if i have open trade
i just trust it to my SL and TP, and accept the outcome, and of course evaluate every losses

[gemmy]

i think if you are working on only one plan , you may face alot of obstacles and problem , as it is risky business you should always be ready for any unexpected results you may have , so another plans are needed .

[andhwrey]

I have but only sometimes,in many cases i just makes one plan and accept if there are will going opposite than i expect,
but i learn to makes other plan to reduce my loss or maximize my profit in next