---

Losing in a trade? Don't add to a losing position unplanned.

That is how the tale stands. You have a predisposition towards trading and it is undermining your efforts. You're contributing to the position. That's exactly the opposite of what you need. You're outraged. Further to the position is added.

Now you've risked everything on the transaction, and as a result, you've started off a negative chain.

Learn the guide of the best forex broker for beginners and rectify your mistakes in trade.

How you should avoid it?

Always plan out the technical details. One technique for handling this is to designate a point when you plan to quit your transaction should the price decline. Let's assume you've decided to place your stop at a given technical level and then prices move against you. 

Terminate the trade. Even if the price moves back over the support/resistance point, you can still go back in again. The best way to minimize your decline is to use your technicals.

To anticipate future roles, have an exit strategy in place from the outset. One thing that might be argued about is whether or not it is okay to start a new position at a better price. 

As long as you prepare ahead, however, bear in mind that your total risk will not be acceptable. As a matter of thumb, it is preferable to keep risk in your account under 1 percent in any one trade.

Contributing to a disadvantaged trade and getting away with it is a bad idea since you will eventually repeat the mistake. The real concern is that the environment may alter the following time, and you would be obliged to take a loss. This could get out of hand quickly.

You may only worsen your losses when you put money into a losing position. Should drawdown be large, you risk initiating a series of harmful actions. Managing risk properly helps you avoid a wide range of trading sins. You may always re-enter a transaction, regardless of price fluctuations.

Use the top 10 forex brokers in the world that help you in loss and recoup to make new profits.

Is there anything you have ever done to strengthen a losing position? Have you any stories to tell?

This is probably the first time I've not heard this in a long time, but it's certainly appropriate given the circumstances.