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

[want2brich]

You forgst to close your position when you joint the forex market, i don't believe in thet, it is impossible. So i advice you to ue stop loss and take profit whrn you open a position, then you can relax and will not forget to close.

[newbies1982]

course if you try to learn I also believe that recently I may learn how to manage accounts and control emotions. the use of TP and SL is always necessary for you to get maximum profit and minimum risk

[capitar]

yes forex would be very risky if you do not use account management and skills good forex market is very risky and there are dangers but I think that whether I fail or loss will continue trading

[brac]

There are some traders who go on fore about 5-10 years with single trade too. we need to watch the chart at the time when we are going to open trade.but after open trade we should put stop loss or take profit according to our analyses or risk & reward ratio. after apply this no need to keep eyes on market.

[arsyad]

after all in the event the position is open then to actually read the market on continuous manner to actually avoid a loss but if you are willing to define your loss limit then too able to defend your self issued from a massive loss and you certainly will keep long time within the forex trading market.

[dr4gon]

I think depends on every trader trading strategies. because there are traders who use the strategy of long-term, so they definitely would not monitor open positions at any time. which is important if we can not monitor our position at all times, we had to put the TP and SL. because after all we would not really know where prices will move, so we have to prevent the loss is too great.

In our trade, it doesn't matter that you loose or win in your trade while you trading the matter is that the method you are using for trade does matter.........when you loose trade you should be more careful about the money management techniques

[HaQi]

there will be number of primary attributes of watching your trade, 1st you'll simply track when trade is turning direction and therefore you'll exit, you'll additionally create a lot of profit if you do in fact see costs are moving aggressively close to your target, and a little more than these you get smart understanding of levels of try and vary to actually enter more traders.

[runu]

By watching industry movement for sometime you can understand the activity conditions and also live fit where a primary distich is taking resource and where it is exploit opposition - if you know around a constitute symptomless, it is then prosperous to get juicy trades..............

[filips]

je dekhna to parta he hia kahin humari trades ager loss main ja rhai hoon to hum koi aor planing kar sakty hian aor trades laga kar apna loss khatam kar sakty hian is liy humain apni trades pe nazar rakhni he chhaye

[ahmedelsanhoury]

we dont know where will market move in upcoming time. we need to watch the chart at the time when we are going to open trade.but after open trade we should put stop loss or take profit