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The impact of letting Floating for too long

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After experiencing several painful experiences, the bad habit is to let the old minus, then I started to leave by entrusting everything to SL
#31 - December 17, 2021, 11:58:14 PM

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It is very, very important to install a stop loss in our trading, apart from being able to measure the number of losses that we suffer, of course we can also sleep well, because often times such conditions make it difficult for us to stay calm and result in us being difficult to rest due to prolonged floating, Of course, with a stop loss, of course there is no need to worry anymore, our trading will achieve a very large loss
#32 - December 17, 2021, 11:59:57 PM

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If what you do is hold a floating minus position, it's not allowed, but when holding a floating profit position it's OK but also don't be too long when your goal has been achieved then stop immediately
#33 - December 18, 2021, 06:33:15 AM

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It's quite heavy, bro, and what you feel is definitely not very good, it's been floating for more than a month, sometimes I've only been hit for a few days and I feel that emotions can't be held back, maybe it's true, daring to cut loss is actually better than letting the price stay away from our predictions
#34 - December 19, 2021, 10:48:38 PM

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Dare to make decisions is an attitude that must be owned by a trader. Because before doing an OP a trader must be ready for whatever happens after, be it Profit or Floating. If Floating is too long, it returns to the Balance state whether it can withstand Foating or not.
#35 - December 19, 2021, 10:49:21 PM

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If you can't hold it, you will definitely experience a Margin Call, if the Balance is still strong enough to hold it, we will wait and see first while doing Averaging by looking for Support and Resistance to open another position. But all risks must be prepared to be faced.
#36 - December 19, 2021, 10:50:06 PM

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My advice is that you don't hold a floating minus position for too long, either floating minus or floating profit, because when you have too much, you will be inconsistent and unable to concentrate.
#37 - December 19, 2021, 11:46:10 PM

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I'm sure you will know the results. When you hold too many or too often floating positions because you are in the world of forex trading, you should never hold on too long. You have to use targets.
#38 - December 19, 2021, 11:47:00 PM

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Don't hold the floating position too much, don't hold the floating position too much because when you hold the floating position too much it's not good because what's called floating must be in accordance with the target.
#39 - December 20, 2021, 10:14:20 PM

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You can hold the floating position but don't be too long because when you are too long, you just don't have a clear goal. So it would be nice if you could make a target and stop loss for your floating
#40 - December 20, 2021, 10:15:24 PM

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Those are all things you shouldn't do because holding the floating position really makes us even more emotional so when you use buttons you have to know how to make clear targets
#41 - December 21, 2021, 10:32:11 PM

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If you are flogged but don't have a clear plan, it will certainly frustrate traders, but if you already have a plan, it doesn't matter if you float for a long time, it's not good to have to wait for price floting, especially in a minus condition, psychology likes to be disturbed.
#42 - December 21, 2021, 11:07:22 PM

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usually traders who don't use SL in trading because they don't want to suffer losses even though it's the smallest and hope that when exposed to floating minus the price will reverse until the floating minus is finished. Of course there are many negative impacts caused by trading like that.
#43 - December 21, 2021, 11:08:05 PM

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even with small lots, of course holding floating minus for a long time will eventually make us enter again and again until finally the floating becomes high risk. something like that and get into the habit of respecting losses by using sl.
#44 - December 21, 2021, 11:08:41 PM

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That is something wrong because when you leave it too long it matters it will make you ineffective so don't let your Open position float for long.
#45 - December 21, 2021, 11:22:02 PM

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