moonchild
VIP Contributor
As a trader not all trades you take can be successful, there will be times in your trading career where you will make mistakes or take trades that will not yield enough profits or even trades where you're utterly wrong, how do you Invalidate those trades and get out of them.
The best way to invalidate a trade is to use a stop loss, by using a stop loss you'll be able to get out when you're wrong, and vise versa, another strategy that I'm still learning but very effective is hedging, you can hedge your trade and trail your losses.
What are other ways you can invalidate a trade as a forex trader, please drop comments in the comments box below.
The best way to invalidate a trade is to use a stop loss, by using a stop loss you'll be able to get out when you're wrong, and vise versa, another strategy that I'm still learning but very effective is hedging, you can hedge your trade and trail your losses.
What are other ways you can invalidate a trade as a forex trader, please drop comments in the comments box below.