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

[golemia]

You no tell what is your capital and also the lot size you used.
your position is 300$+ loss.. so i suggest you if you are profit some pips so you can close it.

[hemaabdo]

firstly i know this loss consider how many pip you should try to analysis and search on the analysis of the expert and see their view on the movement of silver then decide according their opinion

[s.saha]

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

it depends on your equity and lot volume. if you have $1000 in your account and if your lot volume be 1 unit then i should you should close the trade. then you should start again with more proper understanding. but if you have a capital of $2000-3000 then you van hold it. cause forex market generally don't move more than 5-7% within a trading week.

[931175]

Mere kheyalse agar aap ki pas apki balance jada ho or aap account close na honeki agar samvabna na ho tab aapko is situation me long time karna chahiye take mere loss recover ho or profit ve. leken agar equity nahi raheta hay tab account close honese accha main loss mehe closs kardo. take main tike rahesako.

[shozib]

hi friends 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...then you should think and see that whether capital is enough to cover more losses and you can handle it or not....if you can not afford more negative floating

[lulu50]

It will depend on how much you have on your trading account. it could be more than enough to not feel anything losing these kind of trade.
But if your account is only 300usd then it means that you will be able to trade and trade with no money because it will all be gone.
With a leveraged work,I would be able to place a stop loss. it all depends on how much you know to trade.

[kajim]

i'm thinking of trading on the long term instead of scalping. i plan to begin again by trading small lots like .01 and so on.thereby minmizing the risk of loosing the account.

[Goldmember]

I advise traders should not dream about being rich in trading forex because those who think like that often end up destroying their account because they break money management rule because they think that's the quickest way to make big profits.

[asadkayani345]

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

jahan tak is baray mein mera khayal he to main to yahi kahu ga k agar meri koi position 300 $ plus kar rahi ho to main to us ko fori tor par close kar du ga balkay main to 100 par bhi close kar du ga...

[abd.iiuc]

i will never give the race up till i become zero. because you know there is up and down in forex market. i may stay in losing condition for a time but i believe that the market will turn to a raise. i will wait till the market turn to raise.