I always put take profit, and I believe I can run a strategy in accordance with the trading plan that I created. here maybe I'd rather move stoploss position, and using trailing stop. This really helped me when the market reverses direction quickly.
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I always put take profit, and I believe I can run a strategy in accordance with the trading plan that I created. here maybe I'd rather move stoploss position, and using trailing stop. This really helped me when the market reverses direction quickly.
Taking smaller profits will certainly enhance your confidence levels, so according to me taking profit even it is smaller is must important. More smaller profits are much better than one bigger profit. For a bigger profit, you have to take lots of risks and if you fail the result is in form of loss. I think a new trader must have to go for small profit cause he or she has not so much experience in trading.
i usually dont trade like ..dat ... i always make sure that .. i can make profit and sure ... the market moves as per the as analysis made by me ...
if iam not much sure about the trade .. i jsut open that trade in my demo account ...
becase i always test my strategy ... and keeps on updating it .. i cant afford to lose my real money ..
I think that this issue be discussed and interesting,we should sniff all supporting information, and we agree with elektra. a concentration within a short quality time. good infos, good strategy would be a good confidential point to enter the fighting . .... good luck
if you are trading should always put take profit and do not forget to always put a stop loss, because the take profit dn stoploss is one of the money management that must be obeyed at all times,,
everytime i trding always attach it to both of them although I'm not sure will hit take profit ..
nah to overcome take profit is too small and the prices are often past the point you can use a take profit trailing syop it pointless to maximize the profit that will be in dapet later,, the way it works is to shift stoploss order to maximize profit later
i ever got about crisis mental, when i loss my confident to go trade and i was afraid to get some losing again
but the time answer about it, i could hold this condition and get my confident back again
i believed that Forex business is make profit and loss so your experience can use to Forex trading then you will be take profit. so i think the best time to Forex trade 6 pm and 11:30pm so this time you do the trade then you can take profit.
most authors of Forex books are professionals which means you are also paying their professional fees just by buying and reading their published book. However, the price cannot tell the quality of the Forex books displayed on the book racks.