Forex Zone - Forex Forum

The impact of letting Floating for too long in General Forex Discussion_6825f0acc9f09

The impact of letting Floating for too long

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 6978
  • Points: 2
  • Likes Received: 657
  • Reputation: +23/-19
floating at an open position is not good because when you let your open position float for a long time it will not make you better at analyzing or doing open positions and it may cause you to lose
#46 - December 21, 2021, 11:22:43 PM

  • Hero Member
  • Posts: 2600
  • Points: 165
  • Likes Received: 193
  • Reputation: +1/-0
Holding a floating that is too long in my opinion will damage your psychology, especially holding a floating minus position. So the child said, in this case, you can make a target, be it profit or loss
#47 - December 23, 2021, 04:46:19 AM

  • Hero Member
  • Posts: 6978
  • Points: 2
  • Likes Received: 657
  • Reputation: +23/-19
the impact is clear, we will not be able to calm down, we will not be able to sleep, we will not have an appetite and so on, our lives will not be normal just because we let our positions open for too long holding floating
#48 - December 23, 2021, 04:47:10 AM

Sponsored

The impact of letting Floating for too long in General Forex Discussion_6803a6c52eb12
#49 - Today at 11:01:33 AM

  • Hero Member
  • Posts: 4049
  • Points: 4
  • Likes Received: 260
  • Reputation: +5/-2
whose name is floating, it shouldn't be too long either floating minus or floating plus because indeed when we take too long then our psychology will be disturbed and we feel afraid whether the result will win or not when we get profit we should stop
#49 - December 25, 2021, 09:38:42 PM

  • Full Member
  • Posts: 238
  • Points: 743
  • Likes Received: 0
  • Reputation: +0/-0
always using SL is indeed the safest way to maintain our capital so as not to take high risks. including also to maintain psychological so that it tends to remain stable and not emotional. because it is a fact that many traders who hold floating for too long have fatal consequences because they easily get out of control.
#50 - December 27, 2021, 12:02:11 PM

  • Full Member
  • Posts: 154
  • Points: 654
  • Likes Received: 0
  • Reputation: +0/-0
The impact of letting it float for too long which I really feel is mental and psychological, by nature I am constantly annoyed with price movements in the market. Fortunately, I was not provoked to take revenge by adding more lots when the condition was floating.
#51 - December 27, 2021, 12:02:40 PM

  • Jr. Member
  • Posts: 95
  • Points: 595
  • Likes Received: 0
  • Reputation: +0/-0
Holding floting minus too and without clarity is a very wrong thing in my opinion, and this usually happens to traders who do not use SL as a measure to anticipate the amount of loss that we will face...
#52 - December 27, 2021, 12:03:21 PM

  • Jr. Member
  • Posts: 74
  • Points: 367
  • Likes Received: 32
  • Reputation: +3/-5
Floating. In a positive manner, if the position that was made is still in the right direction or not breaking the limit that we have analyzed before, this is a good thing. But if we let the float but do not follow our SOP in trading planning, this is a bad thing that not should trader has.
#53 - December 27, 2021, 04:07:42 PM

  • Full Member
  • Posts: 200
  • Points: 191
  • Likes Received: 15
  • Reputation: +8/-2
The impact of letting Floating for too long will make psychology uneasy
#54 - December 27, 2021, 05:47:25 PM

  • Hero Member
  • Posts: 2360
  • Points: 2
  • Likes Received: 200
  • Reputation: +4/-0
You really shouldn't be floating because when you hold down for the last one it will make you concentrate, you won't be able to focus, you can't do too much floating
#55 - December 27, 2021, 09:02:06 PM

Sponsored

#56 - Today at 11:01:33 AM

  • Full Member
  • Posts: 238
  • Points: 743
  • Likes Received: 0
  • Reputation: +0/-0
it's better in trading for good planning and calculations, make profit and loss limits if they happen, so that whatever happens in trading the right decisions can be taken including when losing, that way I don't think it will happen having to wait too long floting
#56 - December 29, 2021, 09:08:42 AM

  • Full Member
  • Posts: 154
  • Points: 654
  • Likes Received: 0
  • Reputation: +0/-0
in forex trading, in my opinion, it is very important to be firm, in the sense that if the analysis is wrong, you must be firm by taking a cut loss decision because it has become a consequence in forex trading, don't hold back floting and hope the price moves according to the analysis
#57 - December 29, 2021, 09:09:36 AM

  • Jr. Member
  • Posts: 95
  • Points: 595
  • Likes Received: 0
  • Reputation: +0/-0
the use of SL is also very important so that there is a risk limit for each entry made, so it can minimize the occurrence of greater losses if the market does not match its predictions. however, in using SL, it is not careless so that it is not easily picked up by the price being corrected.
#58 - December 29, 2021, 09:10:18 AM

  • Full Member
  • Posts: 192
  • Points: 702
  • Likes Received: 2
  • Reputation: +0/-0
as long as the plotting loss that occurs is still in the trading plan, I don't think there is a problem. the problem is if the plotting loss that occurs is outside the trading plan that we have planned.
#59 - December 29, 2021, 10:41:17 AM

  • Full Member
  • Posts: 198
  • Points: 698
  • Likes Received: 0
  • Reputation: +0/-0
What is clear is that our psychology will continue to be eroded, and it will have a very bad impact on our calm so we can no longer be calm in trading and it's very bad
#60 - December 29, 2021, 08:23:36 PM

Members:

0 Members and 1 Guest are viewing this topic.



Elementor Website Builder