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

[trendfx]

of course, strongly I can say it is very true that I did not realize the wrong position open or wrong entry until I get loss and it has happened to me many times so now I have understood that if you open the wrong position, it simply just closed position

[hmallia]

After learning the basics we do demo practice so that we can check our knowledge, and this knowledge and experience will give us idea to predict the future market with proper stop loss and target level, so that we can have a safe position with minimum loss ( if market goes against of our position), and maximum loss. But this does not come by over night, it needs hard work, when ever I do wrong trade, I immediately quit and close the position as my mind does not allow and I became fear about future movement.

[Pardeep7651]

Us tarah ki situation mai hamre pas 2 options reh jate eh pahla yah to hum hedging system ya use kar re trades ko lock kar de and ya ko wait kare hmare wrong trade ko open hui he us ka loss cover hone ki and loss cover hote hi fir kuch profit par us ko close kar de.

[a_for_apple]

when I put the stoploss and takeprofit, I have submitted my entry at that level. so I do not have to worry if I'm wrong entry direction. because I have limited my losses eventually get, in my opinion this is a function of stoploss. limiting our losses when we fail to do analysis

[fxearner]

jald az jald us position ko close kar daina cahiyay , yahi acha rahta hay lakin agar ap samjhty hay k es position ma bi ap ko profit ho sakta hay tu ap ko wait zarur kar laina cahiyay per kabi bi zaida bada risk nh laina cahiyay bhaiya g .

hanji forex market me jada se bada risk nahi lena chahiye,trader yahan wrong position ko jald se jald close kardena chahiye nahi to uska risk yahan increase hota rahenga,trader ko yahan sabb apne aap samajhna bahue he jaroori hai..

[naziakhan]

jald az jald us position ko close kar daina cahiyay , yahi acha rahta hay lakin agar ap samjhty hay k es position ma bi ap ko profit ho sakta hay tu ap ko wait zarur kar laina cahiyay per kabi bi zaida bada risk nh laina cahiyay bhaiya g .

[Kenyatta]

the wrong part where we have certain informations that bring in the best informations that work well in certain areas that we see in forex is all formed to the greatest market the best is to keep on working as hard and make the right market chance work for us and everybody else we see in forex

[mahi218]

agar to ghalti say koi trade open ho jae to us ko foran he close kar dena chahye ku k ghalti say hona wala faisla aesa kum he hota hai k sahi sabit ho ho sakta hai apki itni tezz luck ho k ap is business me sahi tareekay say kum wakat me zyada kam kar sake lekin agar itna luck nahi or kam karnay ki himmat nahi to kam nahi kar pae gay.

[wonggo]

If i just opened a wrong entry, then i must close the position as soon as possible. We must follow our trading system, if we make mistake, then improve it as soon as possible. Do not let the mistake makes us get so much losses. Then close the entry as soon as possible is the best solution

[dareking]

Bhai main to turant hi apni trade ko close karna pasand karunga bhai agar main ye jaan gaya ki jo order maine liya hai wo wrong hai, to band karunga aur new market mein analysis par new order lunga bhai.