What to do when market moves in opposite direction ?

[dareking]

bhaiyo main to ye baat janta hoon, ki agar market humare against jaa rahi hai, to humari trade mein take profit aur stop loss laga kar chor dena chahiye, jitna loss hum jhel sakte hai, utna hi SL laga hona chahiye, fir humko monitoring karne ki koi jarurat nahi hoti hai.

[ishvara]

The main thing that we do as forex exchange traders is to actually make sure that we trade forex with knowledge. With knowledge, we traders can always be sure to make our trades reverse from losses by taking the right decisions at all times.

[shazer ehsan]

When the market moves in opposite direction, you can do hedging by opening a trade in the same currency with the opposite order, for example if your sell trade is going in opposite direction, you should open a buy order in the same currency. This is called hedgin. Or the other way is to simply close your trade which is going in opposite direction and bear the loss you have already faced.

[sadie margret]

I habitually use stop loss in long period selling. So when market moves converse before SL i watch it carefully if market has very clears clues about traversing my stop limit then i close my trade and open a new trade in the main heading of market.

[sushmita]

G main to trading close kar du gi jab market opposite direction mai ja rahi ho gi. kyu main koi risk nahi lena chahu gi.kyu k is sy loss hony ka bht dar hota ha.

[naim10]

when the market moves in SL against the market look very carefully whether deletes tracks that cross my butt I can finish my business and open a new

[mustasir]

First of all, we shall continue, in my experience the average workers and, in General, no, but the experience will help during the autumn you will find what the research model is usually dangerous, because we soon enough that our industry and, ultimately, it is the place to be and may administratively close in perfect order. In addition to writing, refreshing the analysis in this area.

[nazeerali]

i have a plan b foir this situation called hedging and when market moves in oposite direction then i take another positoin inforunt of other with same lot size in this way i hedge my trade .

[faizan123]

jab bhi mere koi tread market main ho aue market dosri derection main jate hai to main ek aur tread kar leta hun aur apne account ko bachane k liye hag bana leta hun.

[joe4sho]

This normally depends on a few things, for instance, the market trend maybe moving in the opposite direction but just slightly, this should not make you to close the open position, as long as you have your stop loss in place and the risk in that trade is acceptable then you have nothing to fear. When you o an analysis and pick a trend, you try your best to stick to it even if it goes against you slightly because this is normal in a forex market. have your stop loss so that you don't lose more than you anticipate.