How long we can have a position open?

I have already a swap account.it's save your interest From your every Trade.For this reasons i transfer my account general account to swap free account.If you can apply for Swap account your broker account help you .Thanks for your post.

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How long we can have a position open?

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I don't think there is a time limit for that. The position can be closed by Stop loss, Take profit, Manually closing or Margin call. There are many long term traders who use 'Buy and hold' strategy so I think it would not be fair to give a time limit for position.

I don't know for other traders, but for me I prefer to open position at most 2 positions in a time. If I open more than
2 positions then I must use good money management to limit losses and control profit and loss for every transaction.
And I only open position when I am ready with the risk of loss.

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Originally Posted by yogesh

I have already kept a position open for around a month and never faced any issue except my trade was charged some swap fee. But is there any time limit we can keep our trade, say can i keep my trade open for few years?

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es main koi bhi masla nahi ha kioun k main ne es main apni ek position taqreeban koi 6 month tak open rakhi thi es liye main to es ko nahi samghta k es ki open rakhney ki koi bhi limite ha jab tak dil chiye open rakhu

We can hold an open position in which he depends on market conditions. If movement occurs a long trend, could have an open position until a month or even more.

Yea you can keep your trade for year after year it has no limitation but you have to be careful with your trade because any time any ting can be happened here, most of the expert trader long term trade to get a big profit from this market.

If you want to keep open a position for long time, you have to big balance. Because there are so rising and declining for long time.

I don't think you need to wait for years to earn profits in Forex.As far as the question concern you may have permission to do so, but market may change any time once it was 3 times of your initial amount and at the other day it may become a big ZERO.

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Originally Posted by pbelim

I don't think you need to wait for years to earn profits in Forex.As far as the question concern you may have permission to do so, but market may change any time once it was 3 times of your initial amount and at the other day it may become a big ZERO.

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Sure, it's no need to wait for years to gain profits in forex but it will need a lot of time to spend to realize consistent profits in forex
because there is no one who could make good analysis instantly. It will need practices to realize it. And about open position in floating
condition, I think it's better to give Stop Loss. I prefer to use it as limitation than using how long time to keep in open position.

i came to know that there is no limit for keeping our position but there are certain steps to be taken care of leverage and our risk/reward ratio and our capital must be some worthy to hold this leverage and some planning for long trade should be accomplished .