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

[FREEDOM]

After knewing how to use stop lost and take profit functions very well, then we don't need to watching the char or our orders all the time. Just let the market decide whether to hit the stop lost value or take profit one.

[awais]

I think the monitoring is not very necessary if the trader is satisfied about the strategy and the management is good, but if the trades are going in loss then monitoring can only help you to stop them, not in making them in profit.

[dareking]

agar ham ne proper way se trade ki hai or us pr stop loss or take profit ka action use kia hai ti phir mera nhi khial ke market position daikhne ki zrorat hogi is tarha se hamari position bhi khud hi close ho jaye gi

bhai sahi baat kahi aapne, jab hum stop loss aur take profit laga sakte hai, to iska use karna chahiye, position ko dekhne ki jarurat nahi hoti hai, aise agar hum position ke samne baithe rahenge, to hume faltu mein tension hota rahega.

[malkoumx]

I feel what you feel, my friend, the fact is very difficult, but you must learn from the mistakes that we fall.
Many forex traders errors, some of which occurred when you are, but not the end of the world, you can offset your losses again, all you have to do is hold the determination and learning from mistakes so you can overcome this difficult phase of your career.
And can exceed little patience and experience to be able to access the stage of self-confidence and overcome the shock of that loss.

[scorpian7]

I forgot to close my trade and very next day I did not get any chance to view my trade. And later when I got to my trade all my money was gone. If I had been there keeping constant eye upon the trade, perhaps I will not be broke. So what do you all do? When you have to go for any urgent jobs, would you leave the trade open?

I think better way is to place a stop loss besed upon your risk strategy . After that you can go for long breaks because you can't be infront of your terminal 24 hours a day and some times market becomes so much volatile that even you are infront of the termminal you can't even close your trades . So better is to place limits on open position with stop loss .

[farooq]

agar ham ne proper way se trade ki hai or us pr stop loss or take profit ka action use kia hai ti phir mera nhi khial ke market position daikhne ki zrorat hogi is tarha se hamari position bhi khud hi close ho jaye gi

[for pips]

Depend on candle stick pattern then you need good analysis of the market and also watch the open positions and if you are good in your analysis and then put stop loss and take profit and do your work and then see later what happened with your trades.

[aiiu]

if you just open trade, and you need to go somewhere and can't watch the chart, just put stoploss to minimize lossing and put the take profit to, so the open trade will be auto closed when touch stoploss or takeprofit

[don1681]

yes we need to to watch the the open position of us becasue we all know that it is a money making fores treading sytem so we must to follow this things.

[Anas Ashour]

well if you don't use scalping strategy then why would you watch your trades . beside i don't have to watch any trade positions if i made a stop loss and take profit so what i'm saying is we don't have to watch our trades if we're confident of our analysis .