I also have one position on the euro / usd since november last year. I still hold. because I believe, one day will surely rise again. difference, the account I have is swap free.
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I also have one position on the euro / usd since november last year. I still hold. because I believe, one day will surely rise again. difference, the account I have is swap free.
I think, no issue. I also still have one place on the european / usd since oct in past season. I still keep. because I believe, one day will absolutely increase again. distinction, the consideration I have is in trading requires no cost. most of all, we are still a huge margin.
how long we can have a position open?? well my answer is, before u trade, u have to figure out where u put take propit and where u put stop loss, by knowing this 2, your entry will know the finish, thats why we have to think all aspect before enter the market, some traders know how to entry, but dont know how to exit from market.
Certainly before trading and open positions have been determine where the take profit and stop loss, so you will not lose too, because the loss due to incorrect detection of stop loss was found.
well i think we can really have a position open for as long as we really wanted provided we can get a clear signer and the best confirmation to the direction we are hoping the market to go and sine the market is moving in our direction we really still have to be at the profit side
there is no limitation, we can open our position as long as we want, the big player who trade using big capital, they often keep their position open for months, maybe for years also, they always use longterm trading
well,
its a nice question. i think all trader confused for this. but i open position end of the week, because most of the time new week market trend change. if i keep my position then must be use stop loss and nice take frofit key. because then my account 100% save.
we can not open a position with too much time, for a long period of trading is usually only open position up to 1 month, and even then analysis must really have a high accuracy. and we will be hard to calculate the resilience of our capital. because the range of movement of the price of a pair always changing.