What will you do when you know that just opened the wrong position or entry?

[ObaFX]

When you opened the wrong trade then you should have it closed immediately to avoid unnecessary loss to your account. Although most traders find this hard to do since they do not even trust their market analysis to be correct hence its hard for them to see the danger in a wrong trading decision.

[dareking]

hanji forex trader se market me wrong order open hojaata hai to trader ko uskjo close kardena chahiye,esme trader jetna usko time ke liye open rakhta hai uska loss increase hota rahenga,trader ko esme aise market me kaam nahi karna chahiye..

Bhai mere sath to aisa bahut baar ho jata hai, agar wrong order khol diya hai to main usko band karne mein jayda wait nahi karta hoon bhai, us order ko turant hi band kar deta hoon, aisa mein kam hi loss hota hai bhai.

[Kenyatta]

the chance is to really show the right when we have to work and when we have to rule the differehnt values that work for us the right ideas that put us together are always well working something , its always we have to work and put together when we are able to really working intervals is the work of every trader we know out there

[Bieela]

If I own at the time encountered such a situation it is likely to take two options as follows: The first one that I am confident that this aya experiencing false signals and most likely it will run in the opposite we do, then I will take a decision CUTLOSS only. But if there are still great opportunities, and it was just a reaction, I would hold or seek to shift the SL.

[fxearner]

Bhai galat order ko band kar dena acha hota hai, jayda der hum uska wait nahi kar sakte hai, kyunki bhai galat order jayda der se khula hai to jarur wo humare ko pahle se bhi jayda bada loss karwa sakta hai bhai.

hanji forex trader se market me wrong order open hojaata hai to trader ko uskjo close kardena chahiye,esme trader jetna usko time ke liye open rakhta hai uska loss increase hota rahenga,trader ko esme aise market me kaam nahi karna chahiye..

[mearvat]

Happens with all of us that after we open alsavkaa we discover that we opened the wrong deal and must close because it will cause the loss of the whole capital to translate the account and must learn and practice we show him we just start banging before the experience in training

[dareking]

jab trader ko pata chalta hai trader galat order open karke baitha hai to trader ko usko band hi kar dena chahiye usme hi fayeda hai nahi to trader ka loss ho jata hai aur late band karega to trader ka bada loss ho sakta hai

Bhai galat order ko band kar dena acha hota hai, jayda der hum uska wait nahi kar sakte hai, kyunki bhai galat order jayda der se khula hai to jarur wo humare ko pahle se bhi jayda bada loss karwa sakta hai bhai.

[shribalajimaharaj]

Bhai agar order open karne ke baad mein mujhe pata chale ki jo order khola hai wo galat hai, to main us order ko turant band kar dunga ya to 0 par band karunga ya thode hi loss mein band kar dunga, fir main market ko analysis karke new order open karunga bhai.

jab trader ko pata chalta hai trader galat order open karke baitha hai to trader ko usko band hi kar dena chahiye usme hi fayeda hai nahi to trader ka loss ho jata hai aur late band karega to trader ka bada loss ho sakta hai

[dareking]

Bhai agar order open karne ke baad mein mujhe pata chale ki jo order khola hai wo galat hai, to main us order ko turant band kar dunga ya to 0 par band karunga ya thode hi loss mein band kar dunga, fir main market ko analysis karke new order open karunga bhai.

[naso]

my dear in the forex trading business I do think when I found out that I have opened a wrong positions then I'll wait for sometime I can recover that loss but if the trend is not changing then I simply close the trade and take a break to trade after some time and be more focused next time on my trade