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What do I do when a good trade goes the bad way...

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Re: What do I do when a good trade goes the bad way...

Postby pasban00 » Wed Mar 04, 2015 4:55 am

Software engineering is the study and an application of engineering to the design, development, and maintenance of software. Typical formal definitions of software engineering are: "the application of a systematic, disciplined
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Re: What do I do when a good trade goes the bad way...

Postby mercado35 » Thu Mar 12, 2015 8:28 am

Sit down and relax is definitely a good advice. Then, when you return to calm you should analyze the possible reasons why your good trade went wrong, in order to learn from your mistakes and correct your strategy.
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Re: What do I do when a good trade goes the bad way...

Postby Sininfinity » Sun Mar 22, 2015 4:49 am

This happens with many traders. There is nothing one can do much about it. Either close it or wait for price to go to your direction.
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Re: What do I do when a good trade goes the bad way...

Postby John Parker » Mon Apr 13, 2015 8:33 pm

We should just hope for the best as in such situation we can’t do much.
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Re: What do I do when a good trade goes the bad way...

Postby advisor » Sun Sep 27, 2015 2:32 pm

MartinGaile ) Using Momey Management Risk and DrawDown

1) For example you opened 0.01 Sell (TP 20) But Price go UP
2) after 20 pips Open 0.02 (TP 20)
3) after 20 pips Open 0.04 (TP 20 )
...
All time Close Manually Last Ordrer And and Use this Profit to kill Old Drawdown
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Re: What do I do when a good trade goes the bad way...

Postby advisor » Sun Sep 27, 2015 2:59 pm

https://youtu.be/zDKbGUIzYD8 something Like that
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Re: What do I do when a good trade goes the bad way...

Postby Sininfinity » Sat Jan 02, 2016 4:26 am

advisor wrote:MartinGaile ) Using Momey Management Risk and DrawDown

1) For example you opened 0.01 Sell (TP 20) But Price go UP
2) after 20 pips Open 0.02 (TP 20)
3) after 20 pips Open 0.04 (TP 20 )
...
All time Close Manually Last Ordrer And and Use this Profit to kill Old Drawdown


Martingle only looks good on excel. In reality it is like jumping in oil with fire on hand. Sooner or later it will burn the trader down.
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Re: What do I do when a good trade goes the bad way...

Postby Apple Honeypie » Thu May 05, 2016 4:08 am

What can we do... Nothing.. Wait until it goes perfect.. waiting waiting....
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Re: What do I do when a good trade goes the bad way...

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Re: What do I do when a good trade goes the bad way...

Postby jailpray » Mon Jun 20, 2016 8:32 am

I usually close the trade before it gets worse.
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