What you will do.when you position 300$+ loss?Close or not??

[tlagsing]

what do you mean by this, do you get a loss of up to - $ 300 and then you want to keep it and hold it until the market moves back again ..? and if you have big capital in your balance and you think that trend will move back (after doing price analysis) you can keep orders running .. it will depend on my trading strategy and condition during that situation. eager after a very bad loss. facing a cold-minded situation is a good trader's behavior. in my experience, we need to be more resilient to our trade. then the losses will be reduced gradually.

[7alt7op]

i want to know from fellow members..
what you will do when your position is 300$+ loss..my current position in silver with 340$+ loss..
i am not able to decide did i have to close it or not.
Even, no expert comment from fellow member on silver in live discussion area..may be..they are sleeping.so what i have to do now??
please guide me in such tough situation

Actually you are trading with a wrong way, I never reach 300+ loss and it seems you do not using stop lose, that's what happened if you did't use stop lose, you lose the deal and lose the capital and become one of 90% of traders who's Failed

[munir khan]

It is best to close after the loss and start with a new strategy, as if your luck is bad, you can avoid losses with new plans. And something else shows that you're using a large batch size. So it's better to trade with caution with the strategies and plans as well. And if not, the same thing can be repeated because it does not have this size of loss. have you made any goal against your stop loss, what I want to say is that you have ever thought before entering the position that after losing this much I will close my position, if yes rather than stick to your rules, else look at the higher time frame if you can find from the position of those who can return to your favor and you have the power I mean capital to hold this position rather than holding or closing it, or you can also wait if the support and resistance are strong close to to see if the position is retreating from there

[xiaomi]

It may depend on how much you trade there and how much money do you have in your account? If you trade with a lot of there, I think it'll be fine for you just wait for the trend. Do not close. Meanwhile, if you trade with a small lot, I think you should close your account now. I certainly would not wait any longer and soon closed it no matter what the trend, no matter what the risks. Actually I would not let my price rise to a large amount of it floating negatively. And also everyone should trade according to their capital.

[freedombret]

silver is also not traded by many traders because of its volatility factor so I will not comment on it. However, as long as you ask for closing a position, you need to see how much your account can keep this position, how big your account is and what the trend is, whether you're in a negative trend, etc. So many things should be considered. I think it depends entirely on the market situation. If you think the market will return to your trading direction then you will not close this trade. But if you think the market will not come then you have to stop this trade. I think every Merchant must stop losses to save their capital. If you use stop loss then you will not miss this big defeat.

[jellybelly2017]

What will i do when my position in 300 or up in loss on that time i will do and check for the news and my dear brother you have to
review and watch for the market that how it will react in near time and on which way it will comes to and when it will bring out your
position from that loss.

yeah i am agree with you but its mportant to come up with a plan for cutting losses based on your own trading style account size and position size you will exit a trade should be planned before you enter below we outline a number of different ways to exit a profitable trade no matter which you choose to use a good book to read on the psychology of the markets position sizing and risk management

[sufiyan22]

bhia agar apki trade profit me hn chahe vo 300$ ho ya 30$ ya 3$ apko ye dekhna h ke tredn apke favour me hn ya ni aagr favour me em to sl move krdo aur wait kor agar favour me ni hn to cut krdo

[Abidhanif]

first of all i dont want to loss 300$ i always choos money managment for trading i follow stop loss and take profit tool agar ham ye dono options use karein to mere khyaal se hamain loss nahi ho sakta

[sufiyan22]

bhia apko 2 se 3 cheeszey dekh ne ki need hoti hn profiut vali lot ko cut krne se pehel 1 to he hn again analyss krp aur dekh tredn apke favour me hn agar hn to ap sl ko break even pr move krdo oske bad agar favour me ni hn to ap lot close kor

[Abniali05]

What will i do when my position in 300 or up in loss on that time i will do and check for the news and my dear brother you have to
review and watch for the market that how it will react in near time and on which way it will comes to and when it will bring out your
position from that loss.