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

  1. #119
    Member hitesh is on a distinguished road hitesh's Avatar
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    No its not to watch every time to make order and watch order that they are making profits or not you just put stoploss and take profits according to analysis and turn off your computer.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Member dragon is an unknown quantity at this point dragon's Avatar
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    Quote Originally Posted by ermaniso2011 View Post
    it is better not to watch always.most of the time it will let us to cut our profit too early.the best setting is to place take profit and stoploss and just leave you position until to see the result.but we can still check it time to time.we may some times have to cancel the trade if there are clear signals of changing trend.
    Each trader has different way to trade in forex, keep on watching to the chart could be good or could be bad too for traders.
    It's good because we will know what should we do when there is something wrong in our trading and if condition is not same
    with our analysis. But it's not good because condition in the market could affect to our psychology so we can break the rules.
    So it's depending on each trader to choose keep on watching or not.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  3. #117
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    it is better not to watch always.most of the time it will let us to cut our profit too early.the best setting is to place take profit and stoploss and just leave you position until to see the result.but we can still check it time to time.we may some times have to cancel the trade if there are clear signals of changing trend.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Member sasa0220 will become famous soon enough sasa0220's Avatar
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    if you are trading on short term time frame, may be M15/M30 H1 you may observe several trend reversals per day. So if you open your position for long time the existing trend you use to open the trad may no longer valid. Then you can loose. But if you are trading on long term trend you don't have to watch all the time. if you trade on daily chart you can depend on the trend more than few days

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  5. #115
    Senior Member lights will become famous soon enough lights's Avatar
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    Quote Originally Posted by kamrul10 View Post
    yes,it is better to keep watch your position after active.but i am going to relax and before leaving i will place take profit and if possible then stop loss.then will go to relax.it is useful for our health and trading in forex.
    if i do scalping, i will always keep watch my position, but when i do swing or daily trading, i will leaving it with setting the Stop loss and Target Point.
    i will see the position in the night.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    yes,it is better to keep watch your position after active.but i am going to relax and before leaving i will place take profit and if possible then stop loss.then will go to relax.it is useful for our health and trading in forex.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  7. #113
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    If you forget this then i think you need to set stop loss and take profit point. With stop loss you can easily create more secure on trading. So when you are busy on another work then stop loss is most important for your.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member lights will become famous soon enough lights's Avatar
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    Quote Originally Posted by assi View Post
    we should regularly watch the positions so that we should not lose the money if the trend is not in good shape and if the trend is good then we should try to put stop loss and take profit to get some good relaxation.
    yes, because we need to monitor our position occasionally. but should not look at charts all day, because it will only make us always want to open new positions. This is very dangerous, if we over-trading

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  9. #111
    Member Forexboy is an unknown quantity at this point Forexboy's Avatar
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    If you have made or your operations conducted with the implementation of stop loss and take profits then YES you need to watch your trades open at all times so you do not lose and if both tools are in place, then you don 'not have to worry about anything.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. #110
    Member anoha will become famous soon enough anoha's Avatar
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    Yes, I always am following the deal Mufnouhh moment by moment because Soukq Forex possible to move dozens of points in seconds, or change direction and become a profit loss suddenly must follow the open positions, but of course, deals, short term, which lasts for a few minutes or an hour for example, but the deals that last for days impossible Mtbatha

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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