Do You Always have Plan B?

[zoomfire]

well,i dont have any plan exactly like back up plan.Once the trade enters into loss,i again analyse the market and check out whether any possibility of reverse trend.
or else i will close the trade.

[jabrik1991]

This is a key system, but when we take off the key and not in accordance with the analysis of the expected, we would be very easy to lose, we should definitely know where the bear, the saturation point, so we do not make mistakes,

[alvabra2010]

I always have a Plan B, and its none other than Hedging. I hedge my funds if i am going in loss. For eg: If EUR/USD was going in sell when i was on buy, i would immediately open a new trade selling the pair because of which i don't end up losing my capital.

[s19]

aree bahi idar plan abc rakne gaya to sab paisa jayega no garentee for that ...so always stick to one plan only ....if you have some new strategies try them in new demo account rathere then taking risks

friend i am not agree with you. we can check our strategy in demo account its not plan B . we should have have plan B. like withdrawing money after some interval.
we can use that money whenever we are near to margin call or when ever we need money.

[tibasingh]

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 ye to lazmi cheez ha forex trading main kioun k ager app ka banaya howa plane ager fail ho raha ho to app plan b jo app ne es condition k liye banaya ho ga us ko apply karo es taran se app kafi achi trading rezuilt le saktey ho

[arihant]

It is true one strategy who works on some pairs and not fit for all. So we always take option two or three. oor yeh bhi nahi hota k jo strategy kisi pair per good result dairahi hai oor wo her waqat uss per hi kaam kerti hai so meray khayal se her trader ko 2 se 3 strategy ko istamaal kerna chaiyay. buray waqat mein kaam aah jaiti hain.

[kamla]

dekho shahzad hedging k use kerne ka be aik ay hota ha kuin her koi forex ko hedging nehe ker sekta ap ka sharp mind hona must mangta ha hedging, o r hain reverse trade ho rehe ho ti to monitors per on rahna lazmi hota ha or jeb profit a ni wali to position close ker lni chahy e greedy nehe bena chahaye

[blackprince4u]

han bilkul main plane b tiyaar rakta houn kioun k forex trading kafi risky ha es liye main jab koi trade open kata hnn tab es k sath us ka mukhalif plane bhi rakhta hnn k kis taran es ka toorr karna ha

ye zaruri nahi hy kiu k agar aap ki strategy achi hy jo ap ko profit deti hy to us ko he folow karo. lekin agar koi chance hy k loss ho ga to plan b ka option rakhna chaheay.

[weekager]

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 bilkul main plane b tiyaar rakta houn kioun k forex trading kafi risky ha es liye main jab koi trade open kata hnn tab es k sath us ka mukhalif plane bhi rakhta hnn k kis taran es ka toorr karna ha

[aryan]

Well generally plan B is considered as hedging.As it cuts the losses and keeps our account safe from getting margin call. But plan B may also be another trade on any other pair which covers you losses and also gives you a little profit.