Do we need to watch our open positions to make sure we don't go to loss.

[marley]

I often wait for an open position for fear of loss but if everything is according to plan we should just leave when we've taken the position set sl and taking profit

[kismujas]

There are some traders who go on fore about 5-10 years with single trade too. And there are some who stick with the trade just for few minutes settling for 3-5 pips. So what should we exactly need to do?

The output of the forums is also comparable to the results of the traditional platform for forex trading. Being available throughout the world, their communication system is also more reliable and efficient.

[fxpip]

No friend, you need not to watch your open trade to protect it from loss rather you can put stop loss and take profit in open trade. You can do it during your opening trade or later by modifying your trade. This option is available in the meta trader platform.

[juragan]

I think so. we must pay attention to the open position and pay attention to how the market will advance to determine the position. then we have to read the trend movement of daily to monthly fatherly see movement in a smaller time frame.

[Man2012]

Forex trading needs traders to work with it in high concertration. i mean that with each trade you take, you must observe it most of time when it runs. If you do not, you can not control your trading, it is easy to get loss by this market always change.

[taimur15]

bhai main bhi ye kahta hoon, ki trader ko open position ko baar baar dekhne ki koi jarurat nahi hoti hai, agar hum money management follow kar rahe hai, to hum stop loss aur take profit laga kar chart band kar sakte hai.

i agree with you . lekin trade ko open kr k ajeeb c feelings hoti hai check krna aadat ban jati hai . aur ye sahi kha aap ne ager take profit aur stop loss use krain to is ki zarurat nhi rehti.

[dareking]

i also dont feel to want or monitoring our trade at all time.
if we use proper sl & tp then we can go anywhere at open trade time.
if you put stop loss then you never got margin call.

bhai main bhi ye kahta hoon, ki trader ko open position ko baar baar dekhne ki koi jarurat nahi hoti hai, agar hum money management follow kar rahe hai, to hum stop loss aur take profit laga kar chart band kar sakte hai.

[gretongan]

yes it's true that over trading give us loss because we enter in the market all day whether the market good or not so we can enter in bad time and bad point of reverse and lose much money .so we must concentrate to enter in good point and good trend to see our profit fast but if we make over trading we will trading bad and lose

[s.saha]

there are Stop loss and Take profit option in meta trader software which will allow you to close or open a trade at your desired level automatically. so you don't need to spend hours after hour just by sitting in front of the terminal. just set your tp and SL on the basis of proper analysis, then you might go for your outdoor work. Don't worry your order will be automatically taken care.

[ajay]

to be mentally healthy again after being hit by MC I think it helps if we break for a moment from the name of trading, so refreshing our minds refreshed. Do not jump to hasty opening another account and deposit again. Myspace existing luggage want revenge and being reckless in a position to execute.