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

[mix]

Well personally with me I believe during the trade work somtimes a trader doing the wrong work then it is the mistake of the trader so he or she want to close the trade that action so that the loss of the trade minimized it is the good to the trader and to learn more and more.

[dafi]

dear of course I also think that this comes from lack of proper knowledge about forex market and i always maintain a system then I give a trade when i get confirmation from my analysis and so I always put stop loss and take profit at the beginning of my trade.

[ity]

well dear to me I strongly believe if I noticed that I just opened the wrong position what I would simply do is to close out on the position immediately to avoid following a trade that is negative. For us to avoid making such mistakes, it is advisable for us to clear our mind when trading , bro.

[fxearner]

forex me agar trader wrong trade open kardeta hai to fir wo ess business me wait nahi karna chahiye,trader ko apni aise position ko jaldi se jald kill kardena chahiye nahi to usko loss badta rahenga..

[fakit]

yes, of course I think its true that if I had just opened trading positions, and one that I should be able to cutloss and accept the loss. cutloss can minimize our risk. maybe we will try to analyze back in calmer conditions and waiting to take the position correctly.

[PRAYOGO]

trader is supposed to make sure that they close such trades almost immediately so can open a trade double the size of the previous order in the opposite direction and this way you will encounter the previous trade

[voipkolkata]

difficult for the newbie trader like me to make an entry in the right position. this is usually due to impatience in the trade. in fact rarely because of doubt and nervousness so quickly closed position. so fast that the funds in the trading account is reduced.

when I found out I had just opened the wrong position entry then I immediately take a look to the higher timeframe and the possibility margin that I have to cover it? if sufficient, then I let the floating minus, but if not then I immediately opened a new position in the opposite direction to the previous position.

How about you?

My friend it may happen that our analysis could be wrong and we need to understand the if we can realize that the market could go against us then we should close the trade immediately and open another trade with the trend way.

[sunila]

mere khayal sai is surat mai ik trader ko chayay k wo is mai sab sai zaydah kam jou acaha hao wo yai kary k is par apni trade ko achea karny k leyay wait kary kio k jab ap ik analyse kar laity hain tou us ka wait karna apka farz hai aur is k bagair ap kuch nahe kar sakty hain kio k yahe cheze he ap ko profit ki taraf lai jati hai ap ka patient...

[sunila]

mainy tou sab sai pehly yaha par aapna analyse kia tou us k mutabiq he entry li hai aur us entry ka wait bhi kia hai kio k mughy lagta hai k kafi traders is mai wait nahe krty hain jis ki waja sai un ko is mai kafi problem ka samna karna parta hai aur ap ka jou bhi sl or tp put hai us par he ap ko rahna chayay yahe sahe rahta hai hamary leyay..

[Takiart]

Hello to all members, thank you very much on the subject I have benefited from it a lot at the moment I am a novice I can not inform you that I hope that in the future and I can not remember if the word stingy Thank you