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The impact of letting Floating for too long

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The impact of letting Floating for too long in General Forex Discussion_xx
Floating is something that becomes a habit for all traders when they enter, but some traders can anticipate that there are those who don't like to cut losses when the balance is threatened from big losses, but there are also traders who allow floating to MC, of course it's very bad, it will have a bad impact on you. our trading journey. So what do you do if you experience fluting whether to cut or lose or add a new open position and hope the price will reverse direction.

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#1 - December 01, 2021, 12:29:36 AM

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The impact of letting Floating for too long in General Forex Discussion_xx
The trading system that I currently apply is weekly trading with the OP divided into three stages and the fourth stage is used as the SL area for all open OPs so there is no problem even if you experience floating minus as long as the conditions are still in accordance with the rules that have been set.
#2 - December 01, 2021, 01:50:04 PM

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The impact of letting Floating for too long in General Forex Discussion_xx
If I get floating, it's normal, bro, because it was planned according to the previous trading plan. so it's best before trading, you have to make a trading plan that fits the strategy we use.
#3 - December 01, 2021, 01:50:52 PM

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The impact of letting Floating for too long in General Forex Discussion_xx
Of course it all comes back to the trader because of course every trader has a concept or way to overcome this with the techniques he masters. But for myself, I will not allow floating too long because of course it will greatly affect our trading psychology, therefore I choose to use stop loss and take profit as an alternative to overcoming floating that is too long.
#4 - December 01, 2021, 01:51:56 PM

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The impact of letting Floating for too long in General Forex Discussion_xx
leaving the floating minus for too long will make you frustrated, so it's best if you use a stop loss because by using a stop loss you will be able to get maximum results that can make you calm
#5 - December 01, 2021, 02:05:23 PM

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The impact of letting Floating for too long in General Forex Discussion_xx
let floating minus byang too long will have an impact on our psychology and mental trading. so we should not do this often. if you feel the minus is too much then we should immediately cut loss.
#6 - December 01, 2021, 09:44:44 PM

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Letting it float for too long makes you more and more uncontrollable, psychological problems and you will not be comfortable seeing it all, therefore you have to quickly make a move where you have to act, is it better to decide or continue
#7 - December 03, 2021, 06:49:21 AM

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The impact of letting Floating for too long in General Forex Discussion_xx
actually holding back plotting minus for a long time will damage the psychology of the book and our health will also be disturbed.
#8 - December 03, 2021, 02:09:38 PM

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which certainly doesn't seem good or can be considered negative for your overall Open position because when you use holding floating minus excessively then you will find it difficult to do what is called setting a good target
#9 - December 04, 2021, 07:47:33 AM

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I think it's okay if we hold minus for too long if we really believe the price will reverse direction
#10 - December 04, 2021, 02:11:11 PM

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Maybe you often experience when holding losses for a long time then you experience a margin call. You should be able to learn from an incident like this so it doesn't happen again
#11 - December 04, 2021, 10:33:21 PM

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When you experience floating minus and you always leave it too long something is wrong too long will also make you lose more money it will be better when you use stop loss So you don't let floating too long
#12 - December 06, 2021, 02:40:12 AM

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if we experience a long minus floating and we are not ready for it, meaning that we don't plan, this will greatly damage our emotions and psychology even our mentality
#13 - December 09, 2021, 03:59:05 PM

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This impact will make you more awkward or stressed because you see your position is in a prolonged floating minus and it will not be good for your mental health.
#14 - December 09, 2021, 10:55:20 PM

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By letting us floting for too long in trading, this could lead to MC because if we were wrong in the analysis, the market could move quickly and take our capital out or experience MC in trading.
#15 - December 10, 2021, 11:57:14 PM

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