Do You Always have Plan B?

[mmmoudud]

ya bro main bhi hedging karta hu agar mere position mere against chale jaya so isme tension nahi hota hai margin call ka..yaa i always plan B..

[weaddads]

i have not. it is a great strategy for the most expert trader. for make the plan B a trader need more thann 5 years. and this time he need to feel struggle every time. with that he need to afford to loss for see the result of plan B.

[shohel molla]

I think without a good plan and a good strategy you can never profit from forex market.For earn we should creat a strategy and we should need a good plan.Which you only creat.Thanks brother for share your post.

[bokadia6]

Using hedge is not just simple, it also requires a lot of practice and understanding or market. Your slightest of mistake can cause you to lose on both ends or if market move too much in one direction, then you will become more worried.

[samsumit]

Yes I always have plan B because when my plan A is not get success then I used plan B for recover the drawbacks which is present in plan A. If I have not plan B then after failure of plan A I face the loss in anything.

[kaushik2402]

it does not protect you can froum losses but it can maintain your loss at a certain level..you think of many and selated one of them suites you best share you plan...

Plan B ha. It's fine if you have one.But for sure do have a plan first then start the game.It's not a piece of cake of cake if you o just go on with out having one.So I think always prepare for some back ups.

[gandha]

to wait for the markets and then trade only when the trend is clear and we are able to see the signals.

good,that mean you just trade the condition of market sideway,,right?it's a good thing, because in such case we can minimize the loss and the need to remember is to always be alert to news that would occur if you have chosen it

[cnbc88]

No, I am not always having plan B, because usually my plan work as it planned. However, I could have plan B all the sudden following the situation when needed, because I could improvise. In forex, you must have fast thinking and fast reaction, so you could improvise following the condition.

[adedayo]

really i think that every one needs to have a plan when trading forex you must make sure that you have a goal and always follow the plan because with that you would always make good trading decisions

[themefast]

hello bro,
I have my own personal strategy. And i called it plan B. My plan B is to wait for the markets and then trade only when the trend is clear and we are able to see the signals. This is so because we cannot risk of loosing all the capital that we have with us at anytime.
best of luck