What To Do When The Transaction is Floating❗❗

In trading currency pairs, also known as forex, fluctuations up and down in price last a short time. Many traders let floating minus positions up to hundreds or even thousands of pips in the hope that prices will reverse and make trading results profitable. However, without realizing it, this is what actually makes many traders experience big losses and even run out of funds (MC). Floating in trading, namely positions that are floating, have not been closed, closed or executed.

If the trader's planning and psychological condition are not really ready, then sometimes the order position will experience a floating minus. Even if traders let it last for weeks, then little by little the trader's equity will continue to decrease in addition to the floating minus that traders are currently facing.

In this condition, traders are also being tested for capital resilience to the use of lots. Unknowingly, besides undermining capital, this can also destroy the trader's own mentality. This is what you have to watch out for because it can destroy a trader's account in an instant. Here are tips to do when floating minus:

Cut Loss

Cut loss is translated as the act of closing trading positions to limit losses. Where this is done manually, namely directly by the trader concerned. This feature can be used by traders if they are wrong in opening a position or in carrying out an analysis so that it results in a loss.

Lots of traders cut losses to save margins. So that with this cut loss, traders can avoid large losses. This tool is done manually by cutting positions or clearing positions when experiencing a loss without waiting for the price to touch the stop loss first. So that the losses caused are not too big and traders can open positions again.

Watch the full video and details below!


More info : 

Free material soft copy contact 081 258 066 174 wa/call 

Private info / paid premium class (guided forever until consistent profit and independent). 

Whatsapp/call 081 233 593 672 Or direct access to our web www.wijayatrading.com


Comments

Post a Comment

Popular posts from this blog

Tingkatan Seorang Trader

Image
Sebelum menjadi trader sukses, perlu dipahami bahwa ada berbagai macam tingkatan trader forex yang harus dilalui. Tingkatan-tingkatan tersebut biasanya dibedakan dari beberapa kriteria. Jika dilihat dari pengalaman, pengetahuan, cara berfikir, dan sikap mentalnya, seorang trader dapat dikategorikan dalam 5 tingkatan. Trader Pemula Seorang trader pemula pada umumnya masih merasa asing terhadap pasar forex. Trading forex dianggap sesuatu yang baru dan mungkin agak unik atau mengasyikkan. Mereka cenderung ingin mengetahui segala hal yang berhubungan dengan trading dan pasar forex dengan cepat dan instan. Baik analisa fundamental maupun analisa teknikal dipelajarinya dengan cepat. Trader pemula selalu mencari dan mempelajari cara-cara yang gampang, sederhana, dan segera dapat digunakan untuk trading. Pada umumnya, mereka mengharap profit besar dari trading forex. Trader Profesional Dari sebutan "profesional" yang disandangnya, memang profesi utama trader di tingkatan ini adalah t
Read more

SNR, BEST TRADE STRATEGY!

Image
SNR (Support and Resistance) is fairly popular in the world of forex trading. This is one of the most frequently used techniques in technical analysis. Without it, traders will experience difficulties and even lose in carrying out trading activities. The support point is the point which is believed to be the lowest point of an asset in a certain period. While the resistance point is the point that is believed to be the highest point of an asset in a certain period. In simple terms, support and resistance are likened to the two most discussed attributes in analysis where support is a level that has the potential to withstand price declines. Meanwhile, resistance is a level area that has the potential to hold back price increases. These levels are used to determine whether the price will continue or reverse. Basically, SNR aims to find out the right area when taking a buy or sell position and determine the target price movement. The support area is generally an area used as a reference f
Read more