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

[luckybegum001]

i think borrow you should manage more and stop it from margin call than invest another amount of money when market is starting rise up again and open other position that will gave you more profit without losing you money if close your account you will lose your money only, i think it often happens in forex trading so every time closing account with loses is not a good idea for every traders.

[vaibhav thakur]

wel first check the extreme loss that can occcur if you still have good moneylet it run , but first make sure close all the trades that are making you profit how much it is doesnt matter now concentrate on the trade and try to convert the loss into profit.

[kaka00]

i think that first of all, you should apply stop loss on your trades and do not let it go so much in loss...but if you are already losing such big money.Tell me what is your capital and also the lot size you used. Then there can be a solution for this problem.no matter what the news is. In fact I won't let my price to go to that big amount in negative floating. And also everyone should trade according to his capital. I suggest you ask the conscience and common sense. Best decision is a whisper of conscience. Good luck..........

[ashik123]

In my opinion you hold your position or your account opposite tendency to blow up the forex market should be removed. The next time you set your stop loss and profit for your business, then you should be, you can avoid big losses.

[leon]

its depend on our risk management. if the floating already more than my risk, i think i will close it, but if the floating still lower than my risk management i will not close the position

[sonali]

It is completely rely on the point that what kind of danger we are taking on the business and if we are getting stuck in the pattern activity then it is better to shut the business with such reduction it is big reduction but you can avoid your consideration from strike out quickly.thanks and good luck

[bilal224]

mera khayal sa agar is amount mai account close hune ka chance nahi hai agar ap sahi trade kar e aur aek trade kare agar ap ko aek trade mai zayda se zayda nuksan bi hu ga tu ap ka account bara hai close nahi hu ga dobara profit mai change hu jaye ga agar tuke mare ga aur 6 6 trade lagai ga tu close hu jai ga jaldi

[fxmoney]

It is totally depend on the fact that what type of risk we are taking on the trade and if we are getting trapped in the trend movement then it is better to close the trade with such loss it is big loss but you can prevent your account from blow out easily.

[msaefd]

Mybe you better not close your account and just start long term trading because longest termes trading is very beneficials and you will getted good profit by long termes trading but if you want to closes then its your deals !

[kiosjingga]

What you will do.when you position 300$+ loss?Close or not??
i want to know from fellow members..
what you will do when your position is 300$+ 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

You were great with leverage capital $ 340, and you have suffered losses of nearly 80% of your capital, if I were having this problem, I will leave this position open, because all already and we can only wait to see if prices will turn around direction or we will be exposed to MC account.