Hello there!
Today i want to talk about interesting thing which we almost do face. The thing is quite simple when we enter to any online market (trading ) so here is the buy on down sell on higher or vice versa right!.
When you start doing analysis as you keep thinking market most of time time do the same movement as you think about
The things brutally changed when you execute the order in the market, have anyone experienced this kind of problem.
If yes so then how did you tackled it or currently suffering from it what's cure have you found so far.
Good question ... if I experience trading, but the price is not in accordance with our first prediction, do not panic or fear loss, we face calm thoughts. For example, like this case I open buy EURUSD at the price of 1.3000, it turns out that the market suddenly drops to 50pip at 1.2950.
I will sell hedging and give stop loss plus, the goal is not to erode our capital. then try to analyze again until the possible movement of the market goes down.
if the next few days there are signs that prices are rising again we can do averaging buy again at the price of 1.2950 and hedginh orders sell we close automatically with stop loss plus.
Now there we can start taking profits or at least BEP.
