Forex Zone - Forex Forum

Then you buy prices go down, sell prices go up

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 1048
  • Points: 5674
  • Likes Received: 111
  • Reputation: +4/-0
Sorry
Sometimes when we assume our position is wrong and do cut loss. But some time later prices actually match our predictions. That sometimes makes me hesitate to do cut loss.
Not only cut loss but stop loss is also sometimes exposed to price reversals and according to our predictions. In my opinion it's a natural thing as long as we stick to our stand and obey the rule trading.

The price of reversing or according to predictions is the same as we are hesitant to do a cut loss and possibly will be the same between reversals or in the same direction, essentially it has become a risk in trading transactions.
#31 - February 07, 2019, 01:59:12 AM

  • Sr. Member
  • Posts: 267
  • Points: 90
  • Likes Received: 54
  • Reputation: +0/-0
Not only cut loss but stop loss is also sometimes exposed to price reversals and according to our predictions. In my opinion it's a natural thing as long as we stick to our stand and obey the rule trading.

The price of reversing or according to predictions is the same as we are hesitant to do a cut loss and possibly will be the same between reversals or in the same direction, essentially it has become a risk in trading transactions.

so the point is that we are sure and disciplined with the rules of technique that we use? Is that so?
#32 - February 07, 2019, 02:22:33 AM

  • Hero Member
  • Posts: 1048
  • Points: 5674
  • Likes Received: 111
  • Reputation: +4/-0
so the point is that we are sure and disciplined with the rules of technique that we use? Is that so?
absolutely right, the discipline with the MM rule and the trading system that we have is the key so that our trading is always safe and the risk can be minimized especially in applying the stop loss or cut loss.
#33 - February 07, 2019, 02:27:29 AM

  • Sr. Member
  • Posts: 267
  • Points: 90
  • Likes Received: 54
  • Reputation: +0/-0
absolutely right, the discipline with the MM rule and the trading system that we have is the key so that our trading is always safe and the risk can be minimized especially in applying the stop loss or cut loss.

Maybe it's true we have to be disciplined with it all, but sometimes we always forget and get out of the rules. Forget about MM, open positions with inappropriate lots. Hoping to get a big profit. Maybe you have tips to avoid this
#34 - February 07, 2019, 04:34:12 AM

  • Jr. Member
  • Posts: 81
  • Points: 1000
  • Likes Received: 29
  • Reputation: +0/-0
absolutely right, the discipline with the MM rule and the trading system that we have is the key so that our trading is always safe and the risk can be minimized especially in applying the stop loss or cut loss.
To be successful in forex trading, we must prioritize the safety of capital. With us always trading with safe lots and the right time, we can optimize profits and be able to make withdrawals consistently.
#35 - February 07, 2019, 04:47:51 AM

  • Jr. Member
  • Posts: 55
  • Points: 0
  • Likes Received: 28
  • Reputation: +0/-0
you can try this sir :
- when to enter and exit a position ? this decision must be based on price, not on your feelings or fundamentals : there are 3 prices in a trading plan the entry price, your stop loss, your take profit, all this 3 levels are calculated before you enter the trade by price not by your emotions.
- understand the market, is it trending or chopping.
- determine the risks
and this are just few important and simple keys
#36 - February 07, 2019, 01:20:52 PM

  • Newbie
  • Posts: 49
  • Points: 0
  • Likes Received: 5
  • Reputation: +0/-0
If we realize our position is in the wrong direction, the cut loss is the best way to overcome the bigger losses. But if our strategy is to use stop loss then that is not a problem.

The most important thing in trading is risk management, whether it uses stop loss or uses cut loss, both must really pay attention to risk.
very agree with you, the most important thing is risk management wisely, however great techniques without good management will lead to destruction.
#37 - February 07, 2019, 03:46:54 PM

  • Sr. Member
  • Posts: 267
  • Points: 90
  • Likes Received: 54
  • Reputation: +0/-0
you can try this sir :
- when to enter and exit a position ? this decision must be based on price, not on your feelings or fundamentals : there are 3 prices in a trading plan the entry price, your stop loss, your take profit, all this 3 levels are calculated before you enter the trade by price not by your emotions.
- understand the market, is it trending or chopping.
- determine the risks
and this are just few important and simple keys

That's the problem, sir. I am still difficult to determine the right entry price, which must put a stop loss and take profit
#38 - February 08, 2019, 01:17:18 AM

  • Jr. Member
  • Posts: 95
  • Points: 505
  • Likes Received: 19
  • Reputation: +2/-0
Have you felt wrong in determining a buy or sell position?
Where when you decide to buy the price turns back down, and whereas when you decide to sell, the price actually goes up.:'(
I think almost all traders have and may often experience it. so am I. one reason is because we open a transaction when the price is not in a saturated and opposite direction. so try to always open transactions in the direction of the trend that is happening.
#39 - February 08, 2019, 01:33:47 AM

  • Sr. Member
  • Posts: 267
  • Points: 90
  • Likes Received: 54
  • Reputation: +0/-0
I think almost all traders have and may often experience it. so am I. one reason is because we open a transaction when the price is not in a saturated and opposite direction. so try to always open transactions in the direction of the trend that is happening.

So we have to follow the market direction?
But once in a while, I followed the trend, but it turned out that at that time the price reversed and that was the end of a trend :'(
#40 - February 08, 2019, 01:50:41 AM

  • Full Member
  • Posts: 155
  • Points: 212
  • Likes Received: 25
  • Reputation: +1/-0
i face them many times, when i buy the pairs its goes down, and when i sell it, its goes up. From this i learn that there is something wrong with my entry point and also my psycology, you know that i cant be patient if i look the monitor, i always want to click everything there. This is so wrong but i still learn it till now
#41 - February 08, 2019, 02:36:04 AM

  • Sr. Member
  • Posts: 267
  • Points: 90
  • Likes Received: 54
  • Reputation: +0/-0
i face them many times, when i buy the pairs its goes down, and when i sell it, its goes up. From this i learn that there is something wrong with my entry point and also my psycology, you know that i cant be patient if i look the monitor, i always want to click everything there. This is so wrong but i still learn it till now


Wow, our fate is the same.
But has it ever occurred to you, when the technique you use shows you have to sell, you will instead buy? Remember that you often go wrong when entry.
Hehehe
#42 - February 08, 2019, 03:20:40 AM

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 175
  • Reputation: +70/-0
I think almost all traders have and may often experience it. so am I. one reason is because we open a transaction when the price is not in a saturated and opposite direction. so try to always open transactions in the direction of the trend that is happening.


the effect of not being able to maintain a money management can cause many problems, as a result everywhere so difficult to monitor. if you don't get greedy in the market, you could say there is no plan because you feel confident that without MM rules you can also run trading.
being a professional trader is our goal and from now on we must be willing to manage MM well as a condition to know how to trade properly.



#43 - February 08, 2019, 06:03:02 AM

  • Full Member
  • Posts: 144
  • Points: -5
  • Likes Received: 9
  • Reputation: +0/-0
Have you felt wrong in determining a buy or sell position?
Where when you decide to buy the price turns back down, and whereas when you decide to sell, the price actually goes up.:'(
sometimes I feel annoyed too. when I tide up, he actually goes down, and vice versa. and I lost a lot of money because of the wrong predictions
#44 - February 08, 2019, 07:16:53 AM

  • Full Member
  • Posts: 144
  • Points: -5
  • Likes Received: 9
  • Reputation: +0/-0
yes, I often experience it first but now I am not surprised because it is indeed like that forex market. Sometimes we are sure to open sell transactions but prices actually go up and vice versa.

Such things happen naturally because the market conditions are uncertain and sometimes unreasonable, so we must use stop loss and good risk management to minimize the risks that might occur.
#45 - February 08, 2019, 07:17:32 AM

Members:

0 Members and 4 Guests are viewing this topic.