Do you regret control and activate your SL?

[cuagmago]

Hello everyone, I think that many have happened to us that we open an operation, the market is reversed and, for fear that it will continue to get worse, we activate our stop loss within a range of 20-30 pips, or even worse.The frustrating thing is that many times, after getting us out of the market, the price ends up in the direction we had anticipated, but it can take days or weeks to reach our goal.Have you ever regretted not having endured your position more time?Is Forex an exact science?Yes it is.

[Suboga]

I only regret if I don't follow my proven system.Without regrets!Follow your plan.

[gavilmok81]

That is called Operations Management.Before entering a trace, you have to consider how the price breathes.If the price does not move as you expected, better to leave before it becomes a nightmare.Do not slowly take a loss if you played according to your plan, but if you do not learn to assume small losses, sooner or later the mother of all losses will come to you.Many of us, I included, we have burned an account waiting for a reversal that never arrived or arrived too late ...

[alaine16]

HMM ... I find that too familiar.

[anfmngzp]

I do not regret because the opposite is also true: the market does not always return to the goal, sometimes it never returns and leaves you trapped at a level you did not expect.Así es como se destruyen cuentas.He estado en esa situación y créeme, NO es bonito.Puedes hacer diez operaciones ganadoras seguidas, pero una sola pérdida sin control puede borrar todas tus ganancias y dejarte en rojo.No importa cuánto ganes, importa cuánto conservas al final del día.Nuestra única misión como traders es sobrevivir lo suficiente para seguir operando.

[nacheleboy5]

Moving my stop loss as the price progresses has saved me many times.If the operation advances 50 pips, I move my sl a +25 pips.If you follow 80 pips, I upload it to +40 pips.Thus, if the market turns around, at least I get some benefit instead of being empty.

[FEMUSAN]

Waiting for the market to return to your favor can be a direct ticket to burn your account.Learn to cut quick losses.Better to go out with a small controlled loss than to get caught in an operation that never returns.

[ainhoaamambammi]

Repent me for respecting my stop loss?Never.I prefer to lose a small amount with control than to be days or weeks seeing how my account is bleeding.

[oxmino23]

The only time I regret closing an operation with losses is when I closed it out of fear and not to follow my strategy.If my plan says I have to leave, I leave without hesitation.But if I close just because I panic, then I know that I have to improve my discipline.

[Picoluo]

The market does not know what you are there, you don't care if you are suffering.If your SL was activated, it is because your analysis was not correct or the risk you took was too big.In any case, learn and move on.

[PabloMJumago]

Here the key is to understand the difference between a well -placed stop loss and a stop loss based on fear.If you put your SL too tight and the market takes you before continuing in your direction, then the problem is not the market, it is you.

[AlexBwnaviga]

It is not about enduring operations until they return to your favor.It's about having a plan and following it.If you depend on luck so that an operation "eventually" returns, then you are not operating, you are betting.

[MSemgio]

Stop Loss is your best friend.Those who do not respect him sooner or later end up crying in front of the screen.If you think that enduring a losing operation more time is the solution, you are just prolonging your suffering.

[oxmcil27]

Your problem is not the Stop Loss, it does not accept that losing is part of the game.If you can't stand a small loss, then how do you expect to survive in this long -term market?

[fesmom64]

The best way to avoid this repentance is to understand that the market is unpredictable.No matter how much you think an operation should go in your favor, the market will do what you want and you can only react intelligently.

[Amchypielago]

If you are doubting every time you activate a stop loss, it is possible that your stops are too tight.Be sure to give space to the price to breathe before thinking they took you "unfairly."

[Muhoz]

I have seen too many traders endure losing operations for days or weeks waiting for a miracle.In the end, the only thing they achieved was to destroy their account and their trust.If your strategy does not work without enduring giant losses, then it is not a strategy.

[hemebom]

If you think you should have maintained the operation longer, ask yourself if you would have endured if the price was still against you for 200 more pips.If the answer is "no", then you did the right closing.

[poblago]

The worst mistake you can make is to move your stop loss to avoid activating.That only turns a manageable loss into a catastrophe waiting to happen.

[elwapepkn]

It is not about being "sure" that the price will return, because you cannot be sure of anything in this market.It is about making decisions based on probabilities and accepting that sometimes you will lose.

[cammemei]

If an operation makes sense to you, let it breathe.But if you are just waiting for you to come back because you refuse to accept that you are wrong, then you are on the way direct to lose everything.

[zamzaja]

If you respect your stop loss, you should never regret it.The real repentance comes when you break your rules and lose more than you should.

[alblmuji]

Losses are not the problem.The problem is not knowing how to manage them.If each loss makes you doubt your strategy, then perhaps the problem is not the Stop Loss, but the strategy itself.

[anilagb1998]

I do not know anyone who has succeeded in trading enduring negative operations for weeks.Successful traders know when to cut losses and move on without looking back.

[anangel]

If every time you lose you stay thinking about "what would have happened if ...", you will never advance in trading.Take the loss, learn the lesson and move on.The market does not expect anyone.