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hotshotboyz
2011-09-19, 04:56 AM
Locking profit seems a new phrase?
Some traders use Stop limit/ Trailing stop to secure their trade.
If one of your trade go on profit, you can set a stop limit, so that if price try to cross that point, trade will get close with profit.

Imagine one of your trade is in 20 pips profit. If you set stop limit of 10 pips, if your profit reduce and if it come at 10 pips, your trade will close automatically with that profit.
Anyone do this in trading?

mayengbam
2011-09-19, 08:26 AM
yeah, i use trail stop to lock profits when my positions are moving with a trend. generally i defined the sl and tp targets to my position but when any of my position is going to touch the tp target i remove the target and instantly set a trail stop and let it run with the trend, it has become a habit now and sometimes i make big profits when a big trend is hit

YJSP
2011-10-11, 11:11 PM
Locking profit seems a new phrase?
Some traders use Stop limit/ Trailing stop to secure their trade.
If one of your trade go on profit, you can set a stop limit, so that if price try to cross that point, trade will get close with profit.

Imagine one of your trade is in 20 pips profit. If you set stop limit of 10 pips, if your profit reduce and if it come at 10 pips, your trade will close automatically with that profit.
Anyone do this in trading?

I always do it by move my stoploss, of course it should according to our analysis. If I can lock the profit and the stoploss is reasonable, theorily, I have more money, I can use my money on other pairs or trade more lots according to my money management.

james
2011-10-15, 10:44 PM
Locking profit seems a new phrase?
Some traders use Stop limit/ Trailing stop to secure their trade.
If one of your trade go on profit, you can set a stop limit, so that if price try to cross that point, trade will get close with profit.

Imagine one of your trade is in 20 pips profit. If you set stop limit of 10 pips, if your profit reduce and if it come at 10 pips, your trade will close automatically with that profit.
Anyone do this in trading?
yeah bro its very helpful to increas your profits i will help you to earn a lot of money buyt you need to place you stop limit corrextly because some times the trend hits you stop limit and starts to go into further profits so u need to place them correctly..

gosians
2011-10-15, 10:56 PM
Its actually a trail stop limit. I did not try this yet but i think its good t use this option in your trading because it will help you to save us from further loss, we will lose only few pips but overall will earn some pips so its a good thing.

speedy
2011-10-15, 11:49 PM
It depend on a trade, in some trades I lock my profit by putting TP and in other trades I just observe the currency value and wait for the time to manually close the trade. However when I open a trade and going away then I always put TP.

zoomfire
2011-10-16, 12:10 PM
Locking profit seems a new phrase?
Some traders use Stop limit/ Trailing stop to secure their trade.
If one of your trade go on profit, you can set a stop limit, so that if price try to cross that point, trade will get close with profit.

Imagine one of your trade is in 20 pips profit. If you set stop limit of 10 pips, if your profit reduce and if it come at 10 pips, your trade will close automatically with that profit.
Anyone do this in trading?

i think you are telling Trailing Stop trading.Yes sometimes i use it when i am sure the price will go in one direction but dont know the limit.It will set the SL values automatically and help us to get the profit.

newentry
2011-10-16, 01:18 PM
Locking profit seems a new phrase?
Some traders use Stop limit/ Trailing stop to secure their trade.
If one of your trade go on profit, you can set a stop limit, so that if price try to cross that point, trade will get close with profit.

Imagine one of your trade is in 20 pips profit. If you set stop limit of 10 pips, if your profit reduce and if it come at 10 pips, your trade will close automatically with that profit.
Anyone do this in trading?

yes i do, i use trailing stop or pip locker
it is very useful to keep some pips when the chart move back and it becomes my part in every trade
these are very good to prevent and keep some pips that we got

vicky
2011-10-16, 01:27 PM
I always dont lock my profit but sometime i lock my profit when have more confidence about price movement otherwise i always set TP which is more secure for me . actually before so many time i lost win trade for this thinking its good to lock profit.

popatji
2011-10-24, 12:17 PM
i did this but sometimes trailing stop is annoying, when i made a good trade it reached the trailing stop, but yes, sometimes it save me from bad trade, have a plus an minus
how about other trailing stop ? on what point do you set it ?

100c
2011-10-30, 10:29 PM
i did this but sometimes trailing stop is annoying, when i made a good trade it reached the trailing stop, but yes, sometimes it save me from bad trade, have a plus an minus
how about other trailing stop ? on what point do you set it ?

But most of the time I trade without using any take profit and stop loss tool. lakin mein ghalat kerta hoon yeh nahin kerna chaiay kum se kum stop loss ko zaroor istamal kerna chaiay and take profit option hum jab chaian lah sekhtay hain.

cumil
2011-10-31, 06:48 AM
i did this but sometimes trailing stop is annoying, when i made a good trade it reached the trailing stop, but yes, sometimes it save me from bad trade, have a plus an minus
how about other trailing stop ? on what point do you set it ?

trailing stop has two advantages, that is :

- profitability is always guarded, because stoploss moved dynamically to follow the price of running

- Trailins stop always keep the profit that you have gained, so Your profit will be safe if the prices go back

I use 25 points to set a trailing stop

Jazpa
2011-11-04, 08:16 AM
Locking profit seems a new phrase?
Some traders use Stop limit/ Trailing stop to secure their trade.
If one of your trade go on profit, you can set a stop limit, so that if price try to cross that point, trade will get close with profit.

Imagine one of your trade is in 20 pips profit. If you set stop limit of 10 pips, if your profit reduce and if it come at 10 pips, your trade will close automatically with that profit.
Anyone do this in trading?

Yes, I think this is a very good way of making profits in forex trade especially for the newbies. It will be very hard for beginners to make good profits in trade. So in that case they can put certain limit and lock the profits as soon as possible so that they will get satisfactory result. I trade with this same strategy too and as far as it goes, it is satisfactory to me.

realfun07
2011-11-04, 07:31 PM
I use trailing stop loss whenever I have profitable trades in my favor and I do not wish to exit at that level and also at the same time want to lock my profits and make sure I do not loose them in case the markets reverse so I use trailing stop loss for the same.

anubhavsingh
2011-11-05, 10:09 AM
But most of the time I trade without using any take profit and stop loss tool. lakin mein ghalat kerta hoon yeh nahin kerna chaiay kum se kum stop loss ko zaroor istamal kerna chaiay and take profit option hum jab chaian lah sekhtay hain.

stop loss aur take profit bahut hi zaruri forex tools haiu
inki kabhi bhi ignore nahi karna chhaaiye
startiong me me bhi stop lsos ko ignore karta tha aur meri kayi deals -600 se -700 $ me jake close hui jabki unhe me -150 se -200 usd me close kar sakta tha

sunil
2011-11-15, 08:23 PM
I always dont lock my profit but sometime i lock my profit when have more confidence about price movement otherwise i always set TP which is more secure for me . actually before so many time i lost win trade for this thinking its good to lock profit.

greeneyes
2011-11-15, 08:25 PM
I always dont lock my profit but sometime i lock my profit when have more confidence about price movement otherwise i always set TP which is more secure for me . actually before so many time i lost win trade for this thinking its good to lock profit.

Well, i do not lock it. Because i always give time to forex during trading and see on the chart carefully. I do it manually.

mirror
2011-11-15, 08:29 PM
sometimes I lock my profit with a pending order, then I close it when get some signal that there has significant chance for movement of market, or not I close it with both in a single click

sanjeev
2011-11-16, 06:25 PM
फिर कुछ समय लॉकिंग लाभ दीर्घकालिक व्यापार में फायदेमंद साबित होता है क्योंकि जब बाजार फिर उलट तुम एक हानि है तुम एक लाभ है कि आप बंद था मिल जाएगा नहीं भुगतना होगा

sanjeev
2011-11-17, 12:55 PM
फिर रोक हानि का उपयोग विदेशी मुद्रा में एक अच्छा विचार है. यदि आप लंबी अवधि के व्यापारी हैं तो आप हमेशा से रोकने के लिए भारी नुकसान से बचने के लिए हानि सेट shuold. रोक दीर्घकालिक व्यापार में बहुत ही महत्वपूर्ण पहलुओं है

raja
2011-11-17, 02:25 PM
when there is a good chance this is .. we must be ready to open positions or pending orders in accordance with the margins that we use ..
of course you should never force the open position that is too excessive

using a large lot size, it is a mistake novice traders like me, the experience of sweet and bitter experiences should be evaluated, it is a way to improve the skill of trading and analysis capabilities increase, the successful trader must also perform a routine evaluation

prabhashxsp
2011-11-17, 10:51 PM
when i started trading on demo . really i was not even know how to put the take profit and stop loss . well i learned with a book and then i was learned that take profit is very very important and sure i use that in my trading in demo i used the take profit but not stop loss because i want to test the ability of my analysis so i not use the stop loss in my demo trading

s19
2011-11-18, 12:49 AM
yes i lock my profit always..
i am long trader and when ever my trade in profit more than 200 pips than i will lock 50pips profit by set trailing stop.
and when my tp is near to 50-100pips at that time i just change my stop loss below only 50pips..

hima
2011-11-18, 01:26 AM
Locking profit seems a new phrase?
Some traders use Stop limit/ Trailing stop to secure their trade.
If one of your trade go on profit, you can set a stop limit, so that if price try to cross that point, trade will get close with profit.

Imagine one of your trade is in 20 pips profit. If you set stop limit of 10 pips, if your profit reduce and if it come at 10 pips, your trade will close automatically with that profit.
Anyone do this in trading?

yes it is but only when i just opened a trade and have to go outside then i use TP, but its not good for reasonable profit taking.
at take profit condition some you miss a chance to get a huge profit due to Taking profit

s19
2011-11-18, 10:27 AM
yes it is but only when i just opened a trade and have to go outside then i use TP, but its not good for reasonable profit taking.
at take profit condition some you miss a chance to get a huge profit due to Taking profit
well friend take profit and stop loss are the main part of any trade.
we put stop loss for saving our account from more loss same way take profit is also for fix our profit.
we can not say what will happen in next second. so batter is that according to our analyses we close our trade and wait for other signal.

arihant
2011-11-20, 03:39 PM
yeah bro its very helpful to increas your profits i will help you to earn a lot of money buyt you need to place you stop limit corrextly because some times the trend hits you stop limit and starts to go into further profits so u need to place them correctly..

Anand
2011-11-23, 06:13 PM
if you are long term trader and you shuold always set the stop loss to avoid heavy losses.Are you think more and more long time profit then you set the Tp in your trade.You close your Pc and your trading position will be open in forex market.

venkiaries61
2011-11-23, 09:35 PM
Locking profit seems a new phrase?
Some traders use Stop limit/ Trailing stop to secure their trade.
If one of your trade go on profit, you can set a stop limit, so that if price try to cross that point, trade will get close with profit.

Imagine one of your trade is in 20 pips profit. If you set stop limit of 10 pips, if your profit reduce and if it come at 10 pips, your trade will close automatically with that profit.
Anyone do this in trading?

Well I tried this some months before. We may use trailing stop on continuous raising, otherwise you must loss on your profit. Its better to do manual exit point. If you know the exit point , then put takeprofit on that point. let us discuss.

SG Trader
2011-11-23, 10:43 PM
i do not agree with you my friend. I think you should set in every trade the take profit and stop loss. all this will make you discipline trader you can earn some good profits from the market. some time it may happen that you were on profit and then market moves against you and you got the loss.

yes i agree with you that we should set take profit and stop los in every position.
this think is very good to safety our account, and i think if we have done it, it mean we has been apply the good money management and risk management. take profit and stop loss make trading more relax and more discipline.

yogesh
2011-11-23, 11:11 PM
Not really i bother often to lock my profit - rather i simply book it when i feel profit is enough,
but some time i move my stop loss up to reserve some profit while moving my target to further higher level.

hiren
2011-11-26, 01:23 AM
I use trailing stop loss whenever I have profitable trades in my favor and I do not wish to exit at that level and also at the same time want to lock my profits and make sure I do not loose them in case the markets reverse so I use trailing stop loss for the same.

waqasma
2011-11-26, 04:58 AM
Yes i always use trailing stop because i always trade a single pair of currency in multiple entries and comes out by cutting out the profit into small pieces. that helps me to keep refresh my mind and motivate me to do trading more.This is a very useful method because you do not know the trend of the market for sure.

Rizwanilyas
2011-11-26, 05:34 AM
me abi new trader hon, mgr mje traling profit bot zabardast cheez lagi he kiyon k is k zariye se profit ko apni strategy k mutabik take out kia ja sakta he jab k market me rate ka pta nai hota kab reverse direction me chal paray. is liye me isay zaroor use karonga.

dmambi
2011-11-26, 06:54 AM
me abi new trader hon, mgr mje traling profit bot zabardast cheez lagi he kiyon k is k zariye se profit ko apni strategy k mutabik take out kia ja sakta he jab k market me rate ka pta nai hota kab reverse direction me chal paray. is liye me isay zaroor use karonga.

हाँ tailing stop एक बहुत है बढ़िया सादन है अपना लैब को प्रोटेक्ट करके मार्केट में कड़े रहने के लिए, इस की जरिये हम और थोडा प्रोफिट का आशा बी रक् सकते हैं और अपना अबी तक का प्रोफिट बी सफे रहे गा.

realfun07
2011-11-26, 05:10 PM
me abi new trader hon, mgr mje traling profit bot zabardast cheez lagi he kiyon k is k zariye se profit ko apni strategy k mutabik take out kia ja sakta he jab k market me rate ka pta nai hota kab reverse direction me chal paray. is liye me isay zaroor use karonga.

No doubt that trailing stop loss is the best tool to lock your profits and make sure you continue with the winning trade and at the same time lock your profits.Also you can set take profits to lock your profits.

kampung
2011-11-26, 05:24 PM
its quite right but remember one thing, some time when the trend start then some broker may play with you by moving the chart in the false direction with 10-20 pips and then move the market to its own direction so you should be well aware of this.

I think I've never experienced something you mentioned during the insta trade and because isnta never harm their clients and there is no advantage for insta make changes in the market price because it is not possible

MTEBESSI
2011-11-26, 09:01 PM
Looking for profit is good.. But don't forget that without discipline we can lost all the equity in one trade! So profit is out goal and money management is our tool. We are risking our money so we must be best rewarded.

nikhil
2011-11-27, 03:53 PM
I always do it by move my stoploss, of course it should according to our analysis. If I can lock the profit and the stoploss is reasonable, theorily, I have more money, I can use my money on other pairs or trade more lots according to my money management.

nikhil
2011-11-27, 08:44 PM
I always dont lock my profit but sometime i lock my profit when have more confidence about price movement otherwise i always set TP which is more secure for me . actually before so many time i lost win trade for this thinking its good to lock profit.

ali1011
2011-12-07, 10:28 AM
Yes i also do in my trade lock my profit limit i think so that is so best thing because you are make a target for your profit Stoop loos is very essential for trade like Take profit its also essential for traders please dn't ignore this act .

realfun07
2011-12-07, 05:42 PM
Yes i also do in my trade lock my profit limit i think so that is so best thing because you are make a target for your profit Stoop loos is very essential for trade like Take profit its also essential for traders please dn't ignore this act .

Yes you are right mate as stop loss is essential for the trades take profits is also essential and specially for traders who have experienced mostly that their winning trades turn into loosing trades.For these traders setting take profits is important.

atif58
2011-12-07, 09:34 PM
Locking profit seems a new phrase?
Some traders use Stop limit/ Trailing stop to secure their trade.
If one of your trade go on profit, you can set a stop limit, so that if price try to cross that point, trade will get close with profit.

Imagine one of your trade is in 20 pips profit. If you set stop limit of 10 pips, if your profit reduce and if it come at 10 pips, your trade will close automatically with that profit.
Anyone do this in trading?

Of course i lock my profits sometimes. When i see that the market will move farther then the TP i have set then i remove the TP and set trail stop. In this way i prevent me from lossing the pips i have earned. Also i use to lock my profit when i see that TP will not hit. In this case let say i have targeted 30 pips and then i realize the TP will not be hit then at that time the pips i have in profit say 10 or 15 i lock them and see farther and hope the TP will hit. Doing this i never face losses.

anitagala124
2011-12-11, 03:50 PM
I always do it by move my stoploss, of course it should according to our analysis. If I can lock the profit and the stoploss is reasonable, theorily, I have more money, I can use my money on other pairs or trade more lots according to my money management.

anitagala124
2011-12-11, 05:12 PM
I think I've never experienced something you mentioned during the insta trade and because isnta never harm their clients and there is no advantage for insta make changes in the market price because it is not possible

anubhavsingh
2011-12-13, 01:48 AM
I always do it by move my stoploss, of course it should according to our analysis. If I can lock the profit and the stoploss is reasonable, theorily, I have more money, I can use my money on other pairs or trade more lots according to my money management.

aapki ye strategy bahut hi achi hai
har trader ko yahi baat smajhyai jati hai ki haemsha apni deals ko lock karke rakhna chahaiye sl aur tp se
aisa karen se apka profit aur loss dono limited ho jate hai aur aap safe ho jate hai aur margin call se bhi bach jate hai

newentry
2011-12-13, 09:53 AM
I think I've never experienced something you mentioned during the insta trade and because isnta never harm their clients and there is no advantage for insta make changes in the market price because it is not possible

insta is the best broker and they never think to break their reputation with only small thing like this, it is safe to join with insta
but i do not know with the others and because i ever heard about this...

rakesh
2011-12-13, 01:16 PM
i think you are telling Trailing Stop trading.Yes sometimes i use it when i am sure the price will go in one direction but dont know the limit.It will set the SL values automatically and help us to get the profit.

realfun07
2011-12-13, 07:20 PM
i think you are telling Trailing Stop trading.Yes sometimes i use it when i am sure the price will go in one direction but dont know the limit.It will set the SL values automatically and help us to get the profit.

When you use trailing stop loss you need to monitor your trade until you close it as if the price continues to move in direction of your trade then you need to change the levels of trailing stop loss as well to make more profits.

dmambi
2011-12-14, 06:16 AM
Locking profits is a good option, and as i know most of the traders will follow this strategy. I do lock my profits by the help of stop loss and sometimes with trailing stop. specially trailing stop is a very good tool in this regard.

aniket
2011-12-14, 05:55 PM
I always dont lock my profit but sometime i lock my profit when have more confidence about price movement otherwise i always set TP which is more secure for me . actually before so many time i lost win trade for this thinking its good to lock profit.

strong
2011-12-17, 12:33 AM
I always open only small lots and don't lock my profit but I wait for the suitable time to get profit from my trades. I close my trades manually and when any of my trade comes in a good profit then I close it without delay. I try to avoid greed because greed is our enemy.

realfun07
2011-12-17, 01:10 AM
I always open only small lots and don't lock my profit but I wait for the suitable time to get profit from my trades. I close my trades manually and when any of my trade comes in a good profit then I close it without delay. I try to avoid greed because greed is our enemy.

If the markets move in same direction of your trade it is good as it is in profits but when they move in opposite direction and there is no stop loss there are more chances of getting margin call so you must put stop loss to all the trades.

balakalimuthu
2011-12-17, 01:38 PM
Locking the profit is covered in money management strategies.
a. Trailing stop-loss or updating stop-loss into entry price
b. Book 50% of lots in target-1 and wait for target-2
c. Reducing lot size after booking profit in the first trade with higher lots
d. Withdrawing profit in time to time by not using those profit for increasing the lot size...
These are some good strategies for locking profit...

vikas
2011-12-18, 03:09 PM
yeah bro its very helpful to increas your profits i will help you to earn a lot of money buyt you need to place you stop limit corrextly because some times the trend hits you stop limit and starts to go into further profits so u need to place them correctly..

furiya
2011-12-25, 12:07 AM
It depend on a trade, in some trades I lock my profit by putting TP and in other trades I just observe the currency value and wait for the time to manually close the trade. However when I open a trade and going away then I always put TP.

furiya
2011-12-25, 05:59 PM
yes i do, i use trailing stop or pip locker
it is very useful to keep some pips when the chart move back and it becomes my part in every trade
these are very good to prevent and keep some pips that we got

jadhav
2011-12-26, 01:16 PM
Yes, I think this is a very good way of making profits in forex trade especially for the newbies. It will be very hard for beginners to make good profits in trade. So in that case they can put certain limit and lock the profits as soon as possible so that they will get satisfactory result. I trade with this same strategy too and as far as it goes, it is satisfactory to me.

sarwars
2011-12-26, 02:17 PM
Absolutely you need to change the levels of trailing stop loss as well to make more profits when you use trailing stop loss you need to monitor your trade until you close and It will set the SL values automatically and help us to get the profit.

nirale
2011-12-28, 12:02 PM
Yes you are right mate as stop loss is essential for the trades take profits is also essential and specially for traders who have experienced mostly that their winning trades turn into loosing trades.For these traders setting take profits is important.

shinde
2011-12-28, 01:01 PM
No doubt that trailing stop loss is the best tool to lock your profits and make sure you continue with the winning trade and at the same time lock your profits.Also you can set take profits to lock your profits.

niks
2011-12-28, 01:16 PM
Yes , i use tp and sl to secure my trade positions. I usually put tp 10-15 pips less than prediction. And about sl , its quite high . Because many times it happens that market first moves opposite a little and then hit your target . So if you have small stop loss then trade will get close in loss.

dweet
2011-12-28, 01:33 PM
No doubt that trailing stop loss is the best tool to lock your profits and make sure you continue with the winning trade and at the same time lock your profits.Also you can set take profits to lock your profits.

I agree with you. I have been using trailing stop to lock my profit because market is so unpredictable and we don't what is going to happen next. Sometime price just reverse suddenly and our profitable position all of the sudden turn loser.

lax
2011-12-30, 10:28 PM
i think you are telling Trailing Stop trading.Yes sometimes i use it when i am sure the price will go in one direction but dont know the limit.It will set the SL values automatically and help us to get the profit.

aadrika
2011-12-31, 11:00 PM
My targets are quite small per trade and they are easily achieved so that there is really no need for me to use locking. However if I suspect that price might move much further, I can consider locking either manually or with the use of a trailing stop.

anubhavsingh
2012-01-03, 01:46 AM
My targets are quite small per trade and they are easily achieved so that there is really no need for me to use locking. However if I suspect that price might move much further, I can consider locking either manually or with the use of a trailing stop.

chote targets ke liye bhi apko apne tradres ko lock karna chahaiye kyunki kayi bar aisa bhi hota hai ki aap screen pe nahi hote aur rate aapke peeche se chala jata hai ya fir pal bhar me hi market aapki deal ke opposit chala jata hai jis wajah se kafi loss ho jata hai..aise cases me stop los aur take profit hi kaam aate hai

dmambi
2012-01-03, 06:09 AM
Yes certainly i lock my profits. If the price is well above my entry point then i move my stop loss point in such a way to lock my profit and still be in the trading to make more pips. Also i use trailing stop option to lock the profit.

venkiaries61
2012-01-03, 03:55 PM
Using trailing stop in our deals while the deal is in profit is wise thing. But, there is some chances only to maximize/lock the profit by trailing stop. Because, market doesn't move continuously up/down in all time. This movements is possible in news time only. So, this trailing stop works in news times only. Otherwise, the profit is reduced. So, watch the chart and close at correct point.

maliknas
2012-01-03, 08:22 PM
I always lock my profit in my trades by putting take profit and at the same time I also lock my loss by putting stop loss so that I can avoid any unpleasant situation during trading. One more thing that I found very useful is to use the pending order, I am using the function of pending order very usefully.

asingh601
2012-01-04, 06:35 PM
Hey it is not possible to lock your profit for robots or EA's if you can lock your profit then trade and then withdraw your profit in your E payment Processor and then go for new trade it is prevent to losing all money if you trade in wrong way.

rinjani
2012-01-04, 07:52 PM
I never lock the profit that I have gained in trading, and has set sl and tp in trading.
for me it is an easier way for me to do to be able to secure a profit or keep capital from loss.
we never know what will happen in the market, we can only anticipate.

dragon
2012-01-05, 12:44 AM
I never lock the profit that I have gained in trading, and has set sl and tp in trading.
for me it is an easier way for me to do to be able to secure a profit or keep capital from loss.
we never know what will happen in the market, we can only anticipate.

If you never used lock profit then you should be ready to experience Stop Loss because you didn't move it as Trailing Stop Loss.
If you don't use lock profit then you couldn't prevent loss after profits condition because it is possible from profits condition to
hit Stop Loss.

maliknas
2012-01-05, 12:55 AM
If you never used lock profit then you should be ready to experience Stop Loss because you didn't move it as Trailing Stop Loss.
If you don't use lock profit then you couldn't prevent loss after profits condition because it is possible from profits condition to
hit Stop Loss.

You are right bro, I have experienced it many times that when I don't use take profit then my trades comes back in loss after going into a reasonable profit and then I feel very sad that why I haven't used take profit. We should use SL and TP both at the time of opening a position.

forexprophet
2012-01-05, 01:17 AM
Every one who trade would love to see profits and not loss. It is always a better strategy than anything else to lock profit when you are in the right side of the trade. I do that. I close half of my positions once it reach my target 1 area. and leave the rest to flow with a tight stop but much needed stop loss.

muhammadatif
2012-01-15, 12:41 AM
Yes I have knew about it 3 days ago from a experienced trader and I like very much this option because we can save our trade from loss through using trailing stop in our trades. It is very good option.

lax
2012-01-15, 03:31 PM
yes,i do lock my profits in trading. Especially when am not sure of what am doing. I usually also buy and let the market move to any direction that the market is moving. When you are trading and dont have a way to understand how you can benefit from trading,just try trading with a certain take profit. Like i usually place my take profits at 20**** in a day. Its very healthy to have astrategy that would work for you cormfortably. Its the best way,acctually one of the best way. Like when you get into the market and scalp.

shinde
2012-01-15, 05:55 PM
Yes you are right mate as stop loss is essential for the trades take profits is also essential and specially for traders who have experienced mostly that their winning trades turn into loosing trades.For these traders setting take profits is important.

lovefx
2012-01-15, 06:22 PM
I use trailing stop in my trading to ensure my profit. Its a great option for us that it bring the opportunity to lock our position in profit, and it look for maximize our profit. In this way i use it in my trading .

shinde
2012-01-15, 07:11 PM
When you use trailing stop loss you need to monitor your trade until you close it as if the price continues to move in direction of your trade then you need to change the levels of trailing stop loss as well to make more profits.

kulonikilaregunung
2012-01-16, 10:16 AM
I will always use a stop loss, if you can be disciplined with money management, I think your account will be safe. all trading strategies would have a risk of loss, because there is no strategy that can give a signal with an accuracy of 100%, we can only minimize the risk to the analysis, and risk management

fxquest
2012-01-17, 12:51 AM
I some time lock in my profit by opening reverse trade, i mean by opening sell trade again a buy trade, though i did not set a trailing top loss so far but i use stop loss ofen with my trades.

dragon
2012-01-17, 10:35 AM
I some time lock in my profit by opening reverse trade, i mean by opening sell trade again a buy trade, though i did not set a trailing top loss so far but i use stop loss ofen with my trades.

If me, I locked my profit using Trailing Stop Loss. I never locked profit with hedging strategy because it will be reduced with spreads
when you opened position right? So I prefer to choose Trailing Stop Loss than hedging strategy. But it's okay to use hedging if you knew
how to maximize profits and minimize losses.

twinkling star
2012-01-17, 11:26 AM
yeh bohat hi acha concept hai kam loss honay kliyay and profit ko bhi gain kerna ka. as stop limit say to ap ko loss bhi itna nhi ho pata. and ap ka bonus bhi kafi safe hi rehta ha. but is kliyay sahi say learning jarori hai. k kis time sl lagaya jayey. as yeh sab kuch to sirf experience sa hi ata ha.

fxquest
2012-01-17, 05:07 PM
Recently i started to book partial profit in order to lock in profit, this i do by opening several trades and when i see they are in profit i close few of my trades if profit grows i close other trades and this way i book profit and reduce risk simultaneously.

kastur
2012-01-20, 01:14 PM
yes i lock my profit always..
i am long trader and when ever my trade in profit more than 200 **** than i will lock 50**** profit by set trailing stop.
and when my tp is near to 50-100**** at that time i just change my stop loss below only 50****..

kastur
2012-01-20, 01:22 PM
well friend take profit and stop loss are the main part of any trade.
we put stop loss for saving our account from more loss same way take profit is also for fix our profit.
we can not say what will happen in next second. so batter is that according to our analyses we close our trade and wait for other signal.

mohit
2012-01-20, 02:57 PM
i think take profit and trailing stop are the tools that are used to lock the profit and they are very useful tool because after locking even if the trend of the market reverses then also our profit is in safe side

naik
2012-01-20, 04:39 PM
I never lock my profits while i am trading forex currency trading markets. I do not even know how to use it. Locking profits helps us to secure our profits while we are trading in case of reversals.

ericnyamu
2012-01-20, 11:47 PM
profit management is also something you should do . why then trade if you cannot trade well and keep your profits . wouldn't it be very futile to do all the analysis and make some profits only for the market to take back the profits it has given you and leave you with losses ? profit management is as important as risk management

akghurde
2012-01-21, 12:16 AM
ya im doing the same think in real trading many time i used to withdraw some my profit as soon as i get it so if i forget to stop that it wont affect me much.but use of stop loss is much easy and useful method..

dmambi
2012-01-21, 06:43 AM
Locking profit is very much necessary in the trading, because we all know that how difficult is to make profit, and once we are in profit we need to make sure that we never loose it again, money saved here is money earned.

ericnyamu
2012-01-21, 10:39 AM
its important to lock in your profits and also its important because when we do that we arein away assuring of our account growth and this is what we should be doing in forex . when we lock in our profits we going what most important n forex and thats capital preservation

drdeepakji
2012-01-21, 10:49 AM
we so need to lock the profits if we are away from the system for long hours..i think it prevents us from loss in earned money..

drdeepakji
2012-01-21, 10:51 AM
yes we do need to to lock the profit every time when we are off the system for long or say at night..it prevents us from loosing the earned money and we can go negative so always better.

indianforex
2012-01-21, 09:18 PM
yeah bro its very helpful to increas your profits i will help you to earn a lot of money buyt you need to place you stop limit corrextly because some times the trend hits you stop limit and starts to go into further profits so u need to place them correctly..
i agree with you.stop loss not only helps to increase the profit but also prevent you from the great loss.i always use stop loss and take profit method in my trades. it is a good idea in forex trading.place the stop loss and take profit in correct position.it is very important aspect in long term trading.

fxquest
2012-01-22, 02:40 PM
Yes, when am trading for a day, i make sure that i use trailing SL. Because of the unexpected events in forex we are not sure when the market would reverse to our open position during this the profits which we would have obtained would go in vain if there was no trailing SL set. Locking profits is one of the most essential feature to grow your equity.

Yeh like you i never want to lose my profit one my trade came in profit, though i cannot understand why MT4 do not let us set a trailing stop less than 10 **** below current rates and i dont find it worth to set stop loss if my trade show 10 **** or lessor profit.

anubhavsingh
2012-01-22, 03:54 PM
Locking profit is very much necessary in the trading, because we all know that how difficult is to make profit, and once we are in profit we need to make sure that we never loose it again, money saved here is money earned.

har trader ko ye baat samjh me aani chahaiye ki forex me apne traders ko lock karne se kitna fayda hota hai
agar aap apne traders ko lock karke trading karenge to aapke mind me zada tension nahi hogi kyunki aapne us deal ka profit aur loss fix kar diya hota hai..aisa karen se aapka money management bhi thik rahega aur aapka account margin call se bhi bacha rahega

forexman
2012-01-22, 03:59 PM
i will try to lock my trades whenever in profit before they are going into loss and it is good thing as well to lock your profits as per me instead of losing them when trade is against you so i will always lock some of profit when my trades are in win

kastur
2012-01-22, 04:39 PM
ya using stop loss is a good idea in forex. if you are long term trader then you shuold always set the stop loss to avoid heavy losses. stop is very important aspects in long term trading

manoj
2012-01-22, 06:11 PM
her trade may aesa kerna mumkin nae hota. agr to may platform per hoon or ye bhi daykh loon kay last swing high ya swing low mayri entry say door hue hay to phir may stop loss ko break even per ker layta hoon. nae to trade chalti rehti hay.

manoj
2012-01-22, 06:21 PM
It is a good way of trading that you keep stick with your original trading take profit and stop loss point. Often traders especially new ones keep changing their take profit and stop loss value and remain confused while their trading.

manoj
2012-01-22, 06:47 PM
yes may jab bhi platform per mojood hota hoon to phir to may apna profit lock ker layta hoon laykin agar mjhe trade open ker kay kaheen jana per jaey to phir aesa nae ker pata. its always good to lock some profits. phir aap easy ho jaatay hain.

criztaliz
2012-01-22, 07:05 PM
i am,sometimes appear regrets after trading, because actually we had expected the price would be better, but price is always the possibility of reflection going on, I hated it, so in my opinion is not wrong to lock the profit.
I read it too in currency trading by Mark Gallan, founder forex.com

lulupi
2012-01-22, 11:20 PM
Yes, when am trading for a day, i make sure that i use trailing SL. Because of the unexpected events in forex we are not sure when the market would reverse to our open position during this the profits which we would have obtained would go in vain if there was no trailing SL set. Locking profits is one of the most essential feature to grow your equity.

i think take profit and trailing stop are the tools that are used to lock the profit and they are very useful tool because after locking even if the trend of the market

ericnyamu
2012-01-22, 11:52 PM
there's nothing frustrating that watching you 200 pip gain trade reverse all the way to zero or even give you al loss. whenever i am in a profit position i usually and in most time s will lock in my trades ( asin profits and even let the trade go for a couple of days .

lulupi
2012-01-23, 06:41 AM
Yes, when am trading for a day, i make sure that i use trailing SL. Because of the unexpected events in forex we are not sure when the market would reverse to our open position during this the profits which we would have obtained would go in vain if there was no trailing SL set. Locking profits is one of the most essential feature to grow your equity.

We got greedy every time we see profits because it is normal human nature to want more. More is always good than less...right? but in forex wanting more profits can bring a total disaster in our trading account...it is important that we will learn how to avoid being greedy in forex all the time.

ekajoy
2012-01-23, 08:14 AM
Yes, when am trading for a day, i make sure that i use trailing SL. Because of the unexpected events in forex we are not sure when the market would reverse to our open position during this the profits which we would have obtained would go in vain if there was no trailing SL set. Locking profits is one of the most essential feature to grow your equity.

yeah true what you say but perhaps we will not have any burden in our trade if we do not make the target of trade and I think with so we will be able to control emotions in our trade money management so it does not arise greed

suriname
2012-01-23, 10:14 AM
Yes, when am trading for a day, i make sure that i use trailing SL. Because of the unexpected events in forex we are not sure when the market would reverse to our open position during this the profits which we would have obtained would go in vain if there was no trailing SL set. Locking profits is one of the most essential feature to grow your equity.

i think its not important how much i made !! its more important for me how i can still make profit day by day even if its not big amount !! i am sure you will never be happy when you make 200% or even 500% of your capital in only tow or three days then i lose it in one hour !!
but i will be very happy and very honor in the end of month i look to my profits and feel how much i was smart to keep my account safe

ericnyamu
2012-01-23, 11:59 AM
totally agree maintaining your profits is what will make you grow your account . after all what are we trading for isint it profits so securing your profits with a trailing stop of moving your stop manually is what will help you become successful and profitable overall.

budirara
2012-01-23, 01:11 PM
Yes, when am trading for a day, i make sure that i use trailing SL. Because of the unexpected events in forex we are not sure when the market would reverse to our open position during this the profits which we would have obtained would go in vain if there was no trailing SL set. Locking profits is one of the most essential feature to grow your equity.

Both the kind of trading is good as it depends on the trading strategy of each trader.Some like to do day trading with few **** as their target and some like to do swing trading with more **** as their target.

sarwars
2012-01-23, 10:48 PM
Ya locking profit is the key that you want to get the money not just joking by opening trade without taking profit never think to break their reputation with only small thing like this and need to change the levels of trailing stop loss as well to make more profits.

dragon
2012-01-30, 03:09 PM
Locking profits is a good option, and as i know most of the traders will follow this strategy. I do lock my profits by the help of stop loss and sometimes with trailing stop. specially trailing stop is a very good tool in this regard.

Locking profit is good to prevent losses after our account is floating profit. But if you used locking profit, it is possible that you can't
get more profits when the market is moving opposite direction first before it hitted on TP. So you should consider it and you can use
it while you looked condition in the market.

kampung
2012-01-30, 04:09 PM
Locking profit is good to prevent losses after our account is floating profit. But if you used locking profit, it is possible that you can't
get more profits when the market is moving opposite direction first before it hitted on TP. So you should consider it and you can use
it while you looked condition in the market.

if I would be better to close my trading positions and follow the direction of the current market due to the lock trade is going to happen we have wasted an opportunity to make profit from our trades that existed at the time

nilesh
2012-02-04, 01:04 PM
But if one is aiming for more money and get caught up by hitting his stop loss instead of profits so then he must think that he must lock his profits before getting loss. If anyone can guard his trades all the time, then its may be possible to close manually on the highest point.

nilesh
2012-02-04, 01:13 PM
Yes dear trailing stop loss is and excellent feature to use. But there are very few traders that knew this thing. It saves your profits in trades and also if you don't know when to close your trade, you can simply use trailing stop loss to get maximum profit from a move.

sohelforex
2012-02-04, 01:16 PM
Yes i also do lock my profit after a satisfactory amount of gaining. This is one the best functions of forex brokers that they provide to us. Locking your profit is similar to locking your loss. So, its a good deal.
Carry on. Good luck.

gala
2012-02-04, 01:18 PM
abhi tak to may apni trades ko ****sit kerta hoon. jaisay hi kuch profit hota hay may apni trade close ker dayta hoon, laykin stop loss kay hit honay tak wait kerta hoon, ye emotional effect hay jo aesta aesta hi theeek ho ga.

alam
2012-02-04, 04:24 PM
mere khyal se pip locker ni pips locker hoga.
lekin pips ko kese lock kr sakte hai.........?
ham trailing stop lagakr profit ko lock kr sakte hai or stop loss se b kar sakte hai.

arihant
2012-02-05, 05:52 PM
i think take profit and trailing stop are the tools that are used to lock the profit and they are very useful tool because after locking even if the trend of the market reverses then also our profit is in safe side

shinde
2012-02-05, 05:59 PM
Yes i always use trailing stop because i always trade a single pair of currency in multiple entries and comes out by cutting out the profit into small pieces. that helps me to keep refresh my mind and motivate me to do trading more.This is a very useful method because you do not know the trend of the market for sure.

alam
2012-02-06, 04:01 PM
Yes i also do in my trade lock my profit limit i think so that is so best thing because you are make a target for your profit Stoop loos is very essential for trade like Take profit its also essential for traders please dn't ignore this act .

shinde
2012-02-06, 05:01 PM
These you mentioned are seems to be motivation for Forex. specially the starting 10 to 15 rules and 36 and 37 are really really motivative. When i started Forex i also used these rules and motivate me for earning.

pooja
2012-02-08, 01:28 PM
Many traders loose money in the trades which are already in profits and traders do not book the same due to greed and want to earn more profits so it is better for them to lock their profits in this case by using trailing stop loss for their trades.

arihant
2012-02-11, 04:31 PM
i think you are telling Trailing Stop trading.Yes sometimes i use it when i am sure the price will go in one direction but dont know the limit.It will set the SL values automatically and help us to get the profit.

nilesh
2012-02-11, 06:11 PM
Using trailing stop in our deals while the deal is in profit is wise thing. But, there is some chances only to maximize/lock the profit by trailing stop. Because, market doesn't move continuously up/down in all time. This movements is possible in news time only. So, this trailing stop works in news times only. Otherwise, the profit is reduced. So, watch the chart and close at correct point.

nilesh
2012-02-11, 06:15 PM
Well I tried this some months before. We may use trailing stop on continuous raising, otherwise you must loss on your profit. Its better to do manual exit point. If you know the exit point , then put takeprofit on that point. let us discuss.

xiaotanghao
2012-02-19, 01:21 PM
I have ever tried to lock profit in my trading,but end with failure.I usually can not manage the close position better,which usually leads me losing.So if you can not manage the lock orders better,I just suggest you use Stop Loss there,which can help you.Try to use Stop Loss in every trade tehre,you will enjoy it so much tehre.

niteshforex
2012-02-19, 05:57 PM
But if one is aiming for more money and get caught up by hitting his stop loss instead of profits so then he must think that he must lock his profits before getting loss. If anyone can guard his trades all the time, then its may be possible to close manually on the highest point.

niteshforex
2012-02-19, 06:00 PM
Yes dear trailing stop loss is and excellent feature to use. But there are very few traders that knew this thing. It saves your profits in trades and also if you don't know when to close your trade, you can simply use trailing stop loss to get maximum profit from a move.

niteshforex
2012-02-20, 02:24 PM
yes may jab bhi platform per mojood hota hoon to phir to may apna profit lock ker layta hoon laykin agar mjhe trade open ker kay kaheen jana per jaey to phir aesa nae ker pata. its always good to lock some profits. phir aap easy ho jaatay hain.

niteshforex
2012-02-20, 02:27 PM
It is a good way of trading that you keep stick with your original trading take profit and stop loss point. Often traders especially new ones keep changing their take profit and stop loss value and remain confused while their trading.

mohamedsaleh
2012-02-20, 02:34 PM
stop loss and take profit system is very nice way to set a trade option .i mean you can go to work or do any thing else the trade will stop when it cross the TP or SL .it is nice for people who has many things to do at same time

niteshforex
2012-02-20, 02:48 PM
her trade may aesa kerna mumkin nae hota. agr to may platform per hoon or ye bhi daykh loon kay last swing high ya swing low mayri entry say door hue hay to phir may stop loss ko break even per ker layta hoon. nae to trade chalti rehti hay.

lgarhboularbah
2012-02-20, 03:59 PM
i dont think that we can find the kind of the trader that trade just like this i think that the 10pt at the forex market are very expencive and i will never risk with it for me i guess that i will close the order by 20pt or let them till the stop loss or the take profit because from my experiment if the fx market i see that when we open position we should let it till the effect of some order

niteshforex
2012-02-22, 01:09 PM
I do not lock my profits in my trades because I do not like to be disturbed by a trailing stop. If my target is a large target, I will prefer to let the trade run to hit or to hit the stop loss instead. Trailing stops can know you out of a good trade if they are activated too early.

vikas
2012-02-22, 04:37 PM
फिर रोक हानि का उपयोग विदेशी मुद्रा में एक अच्छा विचार है. यदि आप लंबी अवधि के व्यापारी हैं तो आप हमेशा से रोकने के लिए भारी नुकसान से बचने के लिए हानि सेट shuold. रोक दीर्घकालिक व्यापार में बहुत ही महत्वपूर्ण पहलुओं है

maryosa
2012-02-22, 05:17 PM
Lock of profit is important if trade for long time because will need to see how to cover for currency moving up and down. If target is small, then no need to lock of profit at all. Just set target of 10 or 20 pips and watch it make take profit.

iwan
2012-02-22, 06:40 PM
I have done is to immediately close the trade when it met my target as I expect, or I always put a TP. because I think we have the discipline to do it if you do not want to lose more capital because of the sense of greed that always comes when we get into the forex market.

trader_jambi
2012-02-22, 07:49 PM
I lock the profit when the perceived movement was not wild anymore. but often also let profits run itself without a lock.

Thakur
2012-02-22, 08:38 PM
Locking of profit is the best way to trade with safety. I lock profit is the profit is much or I feel that price may reverse in opposite direction. When profit is locked, it means that if trade close without hitting tp, the trade will close in profit or breakeven point.

siberian
2012-02-22, 08:46 PM
Locking of profit is the best way to trade with safety. I lock profit is the profit is much or I feel that price may reverse in opposite direction. When profit is locked, it means that if trade close without hitting tp, the trade will close in profit or breakeven point.

Lock profit is good for traders who don't want to experience losses after profit condition. Some traders like to lock
profits because they don't want to gain losses after profits but some other tradres didn't like lock profits because
it is possible for you to reduce your profits because if lock profit is hitted but after that the movement is moving
in opposite direction then you will feel sorry because it is possible to reach target profit if lock profit is not hitted yet.

dmambi
2012-02-23, 06:21 AM
It is a dilemma whether to lock the profits or let leave the order run till hit tp most of the times for me. Since i have experienced many times that after i lock my profit the market will come reverse and hit my sl and again goes in profitable direction. but still duet to fear of loosing what i have earned i lock my profit either moving my sl or setting a trailing stop.

AhmedHA
2012-02-23, 07:59 AM
no doubt that the trailling stop is a good tool to use while trading , but for me I don't use it to much in my trades,maybe because of my permanent using of scalping as I don't want to put even a stop loss or take profit .

m3x_19
2012-02-23, 08:46 AM
Do you lock your profit in your trades?

Locking profit seems a new phrase?
Some traders use Stop limit/ Trailing stop to secure their trade.
If one of your trade go on profit, you can set a stop limit, so that if price try to cross that point, trade will get close with profit.

Imagine one of your trade is in 20 pips profit. If you set stop limit of 10 pips, if your profit reduce and if it come at 10 pips, your trade will close automatically with that profit.
Anyone do this in trading?
Hey that's a good trick. I have long want to do this strategy but i do not know how to do it. But now i already know because you have posting it. Thank you my friend for your sharing, i hope you a good trading.

amitnihalani
2012-02-23, 06:44 PM
jha tak meri bat hai to....... ager mai trade kerta hu to muje profit hoga....... or bina profit k koi trade kerta nahi......... now tel me about u.......... Do you lock your profit in your trades?

anubhavsingh
2012-02-24, 12:39 PM
jha tak meri bat hai to....... ager mai trade kerta hu to muje profit hoga....... or bina profit k koi trade kerta nahi......... now tel me about u.......... Do you lock your profit in your trades?

forex me pani dals ko lock karna bahut hi zaruri hota hai har tarah ke trader ke liye
deal ko lock karna apkem oney management ka bahut zaruri hissa hota hai aur jo bhi trader forx me apni deals ko stop loss aur take profit me lock karke trading karta hai uske liye forex me trading karna kafi safe ho jata hai

kamrul10
2012-02-24, 01:51 PM
agar hum profits ko luck kar dete hai uske mathlab hum us profits ko take karsakte hai.lekin, isko hedging process kehta hai.buy or sell ek he saat active karna to accha hai lekin mujhe prb hote hai.

siddesh
2012-02-27, 06:02 PM
i think you are telling Trailing Stop trading.Yes sometimes i use it when i am sure the price will go in one direction but dont know the limit.It will set the SL values automatically and help us to get the profit.

Abdomhadi
2012-02-27, 10:41 PM
like most times I lock my profit with a pending order, then I must close it when some signal that it must be likely for the market movement, or not, I close both in a single click and good luck to all.so a special thank's to all members and with my best wiches.

amit
2012-02-28, 05:50 PM
stop loss to aap yun samajh lo ek trade ki jaan hey, stop loss bohot hi zeroori hey or trader ko chahiye apna profit save kernay k liye kuch lot close ker dey or kuch proper tp k liye rekh dey or sl ko breakeven per ley aye, is sey ager market aap k against jaye to aap ko koi nuqsaan nehi ho ga

Susti
2012-02-28, 05:58 PM
Yes if the market is very volatile I will sometimes use trailing stop. But I will only put trailing stop on once I allready have a healthy profit to lock it in as you said. It pays off to do it more times than it will cost you money.

amit
2012-02-28, 06:21 PM
bohot hi achi strategy hey, mein bhi isi ko hi follow kerta hun is sey aap ko her terhaan sey faida hi hota hey, ek khaas pips profit ki surat mein mil jaatey hien aur ager stop loss ho jaye to breakeven honay ki weja sey loss hota nehi

jai
2012-02-29, 05:01 PM
Its actually a trail stop limit. I did not try this yet but i think its good t use this option in your trading because it will help you to save us from further loss, we will lose only few pips but overall will earn some pips so its a good thing.

krishan
2012-02-29, 06:30 PM
It depend on a trade, in some trades I lock my profit by putting TP and in other trades I just observe the currency value and wait for the time to manually close the trade. However when I open a trade and going away then I always put TP.

siddesh
2012-02-29, 07:54 PM
Of course i lock my profits sometimes. When i see that the market will move farther then the TP i have set then i remove the TP and set trail stop. In this way i prevent me from lossing the pips i have earned. Also i use to lock my profit when i see that TP will not hit. In this case let say i have targeted 30 pips and then i realize the TP will not be hit then at that time the pips i have in profit say 10 or 15 i lock them and see farther and hope the TP will hit. Doing this i never face losses.

lgarhboularbah
2012-02-29, 08:47 PM
ya using stop loss is a good idea in forex. if you are long term trader then you shuold always set the stop loss to avoid heavy losses. stop is very important aspects in long term trading

i agree with you i think that the trader who dont use the stop loss in the forex market they can never make money ..well i think that this order is really important for our deal and we should never forget it

examin
2012-03-03, 05:57 PM
Do you lock your profit in your trades?

Locking profit seems a new phrase?
Some traders use Stop limit/ Trailing stop to secure their trade.
If one of your trade go on profit, you can set a stop limit, so that if price try to cross that point, trade will get close with profit.

Imagine one of your trade is in 20 pips profit. If you set stop limit of 10 pips, if your profit reduce and if it come at 10 pips, your trade will close automatically with that profit.
Anyone do this in trading?
that's what i hate in forex to keep waching the price and the price go up and down and i spend a lot of time waching all the streps i like when the price take one direction fast up or down i love to see the result fast ,some days i make my deal and do other thing until it closed .

raka999
2012-03-03, 06:57 PM
I usually put profit lock with the help of EA / robot. with the help of the EA can be more relaxed in my trading. because EA is helpful in conducting TP, SL and lock profit. how many pips we want, we can set.

bambang
2012-03-04, 03:39 AM
Locking profit seems a new phrase?
Some traders use Stop limit/ Trailing stop to secure their trade.
If one of your trade go on profit, you can set a stop limit, so that if price try to cross that point, trade will get close with profit.

Imagine one of your trade is in 20 pips profit. If you set stop limit of 10 pips, if your profit reduce and if it come at 10 pips, your trade will close automatically with that profit.
Anyone do this in trading?
yes, every trade I always use a trailing stop to secure the profit which I get. use a trailing stop can benefit us and also can hurt us if we do not put the trailing step in the right.
because sometimes the price will turn briefly to trigger the trailing stop. which will close our order, and then prices go back up towards our order.

kampung
2012-03-04, 08:07 AM
yes, every trade I always use a trailing stop to secure the profit which I get. use a trailing stop can benefit us and also can hurt us if we do not put the trailing step in the right.
because sometimes the price will turn briefly to trigger the trailing stop. which will close our order, and then prices go back up towards our order.

to put a trailing stop we first have to get a profit in the trade and I think it would be better if we have the ability to close the trading profit circuitry that we've got and re-open trade on another occasion

bekantan
2012-03-04, 08:31 AM
I usually put profit lock with the help of EA / robot. with the help of the EA can be more relaxed in my trading. because EA is helpful in conducting TP, SL and lock profit. how many pips we want, we can set.

Yes I am same like you, because I trade more scalping method by taking a little profit so Trailing Stop can not be used.
But I use the help of EA to lock in profits or to avoid losses at the breakeven point and it really helped me.

dmambi
2012-03-04, 09:59 AM
Yes I am same like you, because I trade more scalping method by taking a little profit so Trailing Stop can not be used.
But I use the help of EA to lock in profits or to avoid losses at the breakeven point and it really helped me.

Yes in scalping trading it is not possible to use trailing stop as the trader is targeting only few pips in his trading with big lot size. However it is of great use when we are doing long term trading such as swing trading and helps to lock the profit and still be in market for more profit.

hardworks
2012-03-04, 06:49 PM
Trailing stop will automatically set stop loss on some condition. We are using this on the deals when it is in positive floats. I mean, the actual nature of the trailing stop is not to lock the profits. So, there should be some disadvantages in this. As my experience with trailing stop, it always minimize our profits and works only in data release times only. May be i am wrong.

will
2012-03-04, 07:56 PM
Locking profits is good option, and as I know most of the traders will follow this strategy. I do lock my profits by the help of stop loss and sometimes with trailing stop. specially trailing stop is a very good tool in this regard.

Locking profit will be good if your target profit is more than 20-30 pips. If you're scalpers so it is no need to use lock profit because
it's too few profit which you targeted. So you must use lock profit in the right time too, sometimes lock profit can reduce your profits
too. It's important to take a look on condition in the market before you use it.

examin
2012-03-05, 01:17 AM
yes i do, i use trailing stop or pip locker
it is very useful to keep some pips when the chart move back and it becomes my part in every trade
these are very good to prevent and keep some pips that we got
yes this true trailing stop is good when we are not be able to watch the market for a long time the system will take the maximum profit that it can be ,and this will prevent the small profit.

andhwrey
2012-03-07, 07:22 PM
yes,i usually lock some profits to minimize reversal or corrections in forex,because price up and down in periode,so dont overconfidence to trust trend in one direct way too long
it will be reversal and makes our profit opportunities gone

joko
2012-03-08, 11:45 AM
yes,i usually lock some profits to minimize reversal or corrections in forex,because price up and down in periode,so dont overconfidence to trust trend in one direct way too long
it will be reversal and makes our profit opportunities gone

So you used lock profit strategy to prevent losses after floating profit. It is good to use trailing stop loss as lock profit strategy but it's not
quite effective when you're sure with your analysis. It can reduce the chance to reach Target Profit although it can prevent losses when
the price is moving reversal.

nazia
2012-03-09, 01:04 AM
yes of course I locked profit in my trade when i away from trading and know about trading that what is the trend of market at that time but i prefer to don,t locked my profit in my trade when i available in front of my trade.

sachin
2012-03-10, 12:34 PM
But if one is aiming for more money and get caught up by hitting his stop loss instead of profits so then he must think that he must lock his profits before getting loss. If anyone can guard his trades all the time, then its may be possible to close manually on the highest point.

sachin
2012-03-10, 12:36 PM
Yes dear trailing stop loss is and excellent feature to use. But there are very few traders that knew this thing. It saves your profits in trades and also if you don't know when to close your trade, you can simply use trailing stop loss to get maximum profit from a move.

chirayu
2012-03-10, 12:49 PM
abhi tak to may apni trades ko ****sit kerta hoon. jaisay hi kuch profit hota hay may apni trade close ker dayta hoon, laykin stop loss kay hit honay tak wait kerta hoon, ye emotional effect hay jo aesta aesta hi theeek ho ga.

netra
2012-03-10, 03:26 PM
yes may jab bhi platform per mojood hota hoon to phir to may apna profit lock ker layta hoon laykin agar mjhe trade open ker kay kaheen jana per jaey to phir aesa nae ker pata. its always good to lock some profits. phir aap easy ho jaatay hain.

netra
2012-03-10, 03:28 PM
It is a good way of trading that you keep stick with your original trading take profit and stop loss point. Often traders especially new ones keep changing their take profit and stop loss value and remain confused while their trading.

netra
2012-03-10, 03:55 PM
her trade may aesa kerna mumkin nae hota. agr to may platform per hoon or ye bhi daykh loon kay last swing high ya swing low mayri entry say door hue hay to phir may stop loss ko break even per ker layta hoon. nae to trade chalti rehti hay.

sachin
2012-03-11, 02:45 PM
I have seen that if you are in profit then it is better that you should lock your trade and you should not think more and more because you may lose your money if you already earn and forex is the name of getting sharpness in your tradings.

sunil
2012-03-11, 06:58 PM
ya using stop loss is a good idea in forex. if you are long term trader then you shuold always set the stop loss to avoid heavy losses. stop is very important aspects in long term trading

netra
2012-03-11, 07:07 PM
ya some times locking profit prove benificial in long term trading because when the market reverses then you will not suffer a loss you will get a profit that you had locked

sunil
2012-03-12, 01:55 PM
Its actually a trail stop limit. I did not try this yet but i think its good t use this option in your trading because it will help you to save us from further loss, we will lose only few pips but overall will earn some pips so its a good thing.

joko
2012-03-12, 05:34 PM
Its actually a trail stop limit. I did not try this yet but i think its good t use this option in your trading because it will help you to save us from further loss, we will lose only few pips but overall will earn some pips so its a good thing.

I never knew if there is trailing stop limit, as I know trailing stop loss to lock profits. And trailing stop loss will be used if
there is floating profits first. Personally, I didn't quite like to use trailing stop loss because it's reducing my chances to gain
more profits but in unstable condition of market, trailing stop loss is needed.

sunil
2012-03-13, 06:34 PM
It depend on a trade, in some trades I lock my profit by putting TP and in other trades I just observe the currency value and wait for the time to manually close the trade. However when I open a trade and going away then I always put TP.

chirayu
2012-03-14, 01:27 PM
If you already have a healthy profit then there is no need to use a trailing stop, just move your stop loss to point where you feel comfortable with the profits and then let the trade run or use a trailing stop from that point. It think it is wiser to move your stop loss to lock in your profits though.

bambang
2012-03-14, 02:29 PM
Yes i do, as every experianced trader do the same. The reason is it saves the winnings of trader. I alway use trailing stop when i gain more than 50 pips than left the rest on the trend and make my exit strategy on the maturity of trend.

you are doing is correct. because with we use a trailing stop we can avoid losses in case of a trend reversal. but we must put a trailing stop with a proper distance. so that we get the profit can be maximized.

patil
2012-03-14, 05:05 PM
I do not lock my profits in my trades because I do not like to be disturbed by a trailing stop. If my target is a large target, I will prefer to let the trade run to hit or to hit the stop loss instead. Trailing stops can know you out of a good trade if they are activated too early

patil
2012-03-15, 02:05 PM
I always dont lock my profit but sometime i lock my profit when have more confidence about price movement otherwise i always set TP which is more secure for me . actually before so many time i lost win trade for this thinking its good to lock profit.

joko
2012-03-15, 03:56 PM
I do not lock my profits in my trades because I do not like to be disturbed by a trailing stop. If my target is a large target, I will prefer to let the trade run to hit or to hit the stop loss instead. Trailing stops can know you out of a good trade if they are activated too early

If your target is high numbers of pips (more than 30 pips) then it's better to consider again to use Trailing stop Loss because it's still better
to be hitted in our stop loss and we got profits then we suffered losses after we gained some pips of profits. It's better to gain 5 pips profits than we losses 30 pips although the account ever floating until it reached 25 pips floating profits.

vineet
2012-03-16, 05:07 PM
i agree with you i think that the trader who dont use the stop loss in the forex market they can never make money ..well i think that this order is really important for our deal and we should never forget it

deathzz
2012-03-16, 06:51 PM
I think there is no such thing as winning in the forex, everyone must have experienced victory and defeat in trading. no one who always loses when trading. The important thing is we can be consistent with the trading system that we already have.

ezincenter
2012-03-16, 08:13 PM
Locking profit seems a new phrase?
Some traders use Stop limit/ Trailing stop to secure their trade.
If one of your trade go on profit, you can set a stop limit, so that if price try to cross that point, trade will get close with profit.

Imagine one of your trade is in 20 pips profit. If you set stop limit of 10 pips, if your profit reduce and if it come at 10 pips, your trade will close automatically with that profit.
Anyone do this in trading?

I am as well lock my profit by using the trailing stop, but not every time only if I am sure that the price have one direction and will not change it for the moment, lock in your position can help you keep some profits.

irfan
2012-03-16, 09:08 PM
Locking profit is so much useful in forex because sometimes when we lock our profit then the price hit our target and come back to loss area. I always lock my profit so that I can get the maximum benefit of TP facility.

raka999
2012-03-16, 09:14 PM
I used to do manually lock the profit. usually if I have until profit 30 pips, then I set a stop loss at +5 pips. so if at any time the price reverses direction, I still profit 5 pips. better than a loss.

balakalimuthu
2012-03-16, 10:21 PM
Locking profit is so much useful in forex because sometimes when we lock our profit then the price hit our target and come back to loss area. I always lock my profit so that I can get the maximum benefit of TP facility.

I agree with. I faced this kind of scenario when I used to lock my profit with hedging. But when price moves against once we locked profit then that would be great for us. But when price moving further we are loosing the chances for maximizing our profit. So, need good practice for all in Forex trading.

twinkling star
2012-03-16, 11:50 PM
Locking profit seems a new phrase?
Some traders use Stop limit/ Trailing stop to secure their trade.
If one of your trade go on profit, you can set a stop limit, so that if price try to cross that point, trade will get close with profit.

Imagine one of your trade is in 20 pips profit. If you set stop limit of 10 pips, if your profit reduce and if it come at 10 pips, your trade will close automatically with that profit.
Anyone do this in trading?

yeah no doubt trailling stop is very good concept but it needs good learning and knowlege, as normally market does not move speedily until high impact news does not come, in normal situation use stop loss and take profit only.

s.akhtar
2012-03-17, 01:29 AM
i think every clever trader must have to lock their profits and in this forex trading that can be very effective for every one basically newbies and beginner because they can't know how much market will go up or down so while there trade on some profits they can easily can do that lock their profits immediately and can earn some money and i always try to lock my profits.

audio
2012-03-17, 02:05 AM
Every time I open a position I always set my take profit. It's the first thing I do and set my stop loss after that. Sometimes I don't use stop loss only cutting loss. I have not tried stop limit yet in my trades. Maybe I will learn to use it in my future trades.

norix
2012-03-17, 05:09 AM
Locking profit is so much useful in forex because sometimes when we lock our profit then the price hit our target and come back to loss area. I always lock my profit so that I can get the maximum benefit of TP facility.

if that price is moving up and down, I also often do headging (can lock in profits)
then we can withstand the volatile price spikes, not only that if we can lock the profit, we can also carry out other transactions we jasi freer trade preformance

ermaniso2011
2012-03-17, 08:20 AM
l think the use of stop limit is different.l think you are talking about trailing stop.it will follow the price with a desired pips and when ever the trend turn against you it will cover some of your loose or at least not let you loose and it will protect your capital.but some times it will also minimize your earnings.if the trend just pulled back before continue the trend then it may not hit your sl but trailing stop.then you will be out of the game very early.

lights
2012-03-17, 09:02 AM
lock the profit is better than when we have profit 10 pips, then reverse a loss. we better just for 10pips profit right? it is possible that we could profit more from it but there's also a chance we will actually be a great loss if we do not do it

kaji
2012-03-17, 09:22 AM
I often hear the term trailing stpo but I do not know how to use a trailing stop, there may be a member of the forum who can explain this to me, please let me know and I will thank you for the explanation....

dragon
2012-03-17, 10:47 AM
I often hear the term trailing stpo but I do not know how to use a trailing stop, there may be a member of the forum who can explain this to me, please let me know and I will thank you for the explanation....

It's easy to use Trailing Stop Loss, it's same with using Stop Loss but you used it when there is floating profit. Trailing Stop Loss
is used to lock your profit so you won't experience losses after you faced floating profits. Usually, SL will be moved to SL+1 after
it moved 15-20 pips in floating profit.

joko
2012-03-17, 05:06 PM
It's easy to use Trailing Stop Loss, it's same with using Stop Loss but you used it when there is floating profit. Trailing Stop Loss
is used to lock your profit so you won't experience losses after you faced floating profits. Usually, SL will be moved to SL+1 after
it moved 15-20 pips in floating profit.

I ever knew about the usage of Trailing Stop Loss too but I don't quite like to use it because I prefer to monitor the movement
of price manually so I will close position when there is sudden movement in opposite direction. I think it's more effective than
using Trailing Stop Loss.

patil
2012-03-21, 05:26 PM
forex me pani dals ko lock karna bahut hi zaruri hota hai har tarah ke trader ke liye
deal ko lock karna apkem oney management ka bahut zaruri hissa hota hai aur jo bhi trader forx me apni deals ko stop loss aur take profit me lock karke trading karta hai uske liye forex me trading karna kafi safe ho jata hai

Laknath
2012-03-21, 05:33 PM
I always do it .that;s a very good Technic for keep minimum loose once the trade hit our expected margin. You can use what ever pips you like and normally I do 15 ,20 pips. Also it helps to collect automatically our profit.

narendra
2012-03-21, 08:14 PM
Yes it is very good think to do. If you set you stop limit it you profitable trade it some time give you small profit but some time it gives you big profit. It is good you to follow the market. I think if you stay longer time in you trade then you should follow market with trailing stop.

raka999
2012-03-21, 08:43 PM
but to use the profit lock in metatrader, you can also use the help of lock profit robot. we only need to set up some stop loss, take profit and lock profit . not be 15 pips as in mt4. you can set 5-10 pips.

ericnyamu
2012-03-21, 10:55 PM
basically since you cannot be infront of your computer 24 hrs then you need to be able to monitor your trades . i have sen also people put take profits on all the wrong places and that willnot help . be realistic and the market will favour you !

waqtitrader
2012-03-21, 11:07 PM
Locking profit seems a new phrase?
Some traders use Stop limit/ Trailing stop to secure their trade.
If one of your trade go on profit, you can set a stop limit, so that if price try to cross that point, trade will get close with profit.

Imagine one of your trade is in 20 pips profit. If you set stop limit of 10 pips, if your profit reduce and if it come at 10 pips, your trade will close automatically with that profit.
Anyone do this in trading?

main app ki bat nahi samgha houn kiya app loch system jo ha hedging wala us ki baat kar rahe hane ya ye trailing stop loss koi or cheez ha main es ko itna nahi janta houn plz es k barey main kuch batai mugh ko app ki mehrbani ho gi

kamrul10
2012-03-22, 12:36 AM
i will never do like this.because it should be bad for our trading.its called hedging process or we can sel lock profits system.but it will put me in confuse.so better to trade without any confusion.and need confident.

mandeeprana
2012-03-23, 01:08 AM
Me apni har deal ko lock karta hon stop loss aur take profit set karke aur mujhe poora bharosa hai ki agar me issi tarah se trading akrunga to mujhe kabhi bhi margin call nahi lagegi kyunki aisa krne se mera money management bahut hi smooth chalega

kaji
2012-03-23, 08:56 AM
yes, maybe we can use a trailing stop to lock our trade. that we use to lock in our profit and avoid loss of profit if the price reverses direction. because normally we would have trouble executing trades manually if the price is moving fast....

forexpips
2012-03-23, 09:23 AM
Yes i always use stop loss and take profit its very simple and very useful its safe from loss all time and close my deal when market in shot time means when market in speed very difficult to close a deal its close automatically i am all time safe :yahoo:

anchitkole
2012-03-24, 03:59 PM
I always dont lock my profit but sometime i lock my profit when have more confidence about price movement otherwise i always set TP which is more secure for me . actually before so many time i lost win trade for this thinking its good to lock profit.

jai
2012-03-24, 05:46 PM
Yes i also do in my trade lock my profit limit i think so that is so best thing because you are make a target for your profit Stoop loos is very essential for trade like Take profit its also essential for traders please dn't ignore this act .

amit
2012-03-25, 07:05 PM
i agree with you i think that the trader who dont use the stop loss in the forex market they can never make money ..well i think that this order is really important for our deal and we should never forget it

rakesh
2012-03-28, 12:36 PM
yes, every trade I always use a trailing stop to secure the profit which I get. use a trailing stop can benefit us and also can hurt us if we do not put the trailing step in the right.
because sometimes the price will turn briefly to trigger the trailing stop. which will close our order, and then prices go back up towards our order.

anchitkole
2012-03-30, 07:04 PM
I usually put profit lock with the help of EA / robot. with the help of the EA can be more relaxed in my trading. because EA is helpful in conducting TP, SL and lock profit. how many pips we want, we can set.

sibali
2012-03-30, 08:02 PM
yes, maybe we can use a trailing stop to lock our trade. that we use to lock in our profit and avoid loss of profit if the price reverses direction. because normally we would have trouble executing trades manually if the price is moving fast....

If you are intraday trading style or short time then use trailing stop you cannot apply. Trailing stop is usually used by traders with a type of long time (swing) due to the wide range between stop loss and take profit

jai
2012-03-30, 08:15 PM
I used to do manually lock the profit. usually if I have until profit 30 pips, then I set a stop loss at +5 pips. so if at any time the price reverses direction, I still profit 5 pips. better than a loss.

anubhavsingh
2012-03-31, 01:40 AM
I used to do manually lock the profit. usually if I have until profit 30 pips, then I set a stop loss at +5 pips. so if at any time the price reverses direction, I still profit 5 pips. better than a loss.

aapko stop loss set karne ke liye technical charts ki madad leni chahiye
in charts se aapko market ka support aur resistance pata lag sakta hai..in values ko jaan ne ke baad hi aapko apni deal ka stop loss aur take profit set karna chahaiye. kisi bhi random value se stop loss ya take profit set kar dena ache trader ki nishani nahi hoti

ashvin
2012-03-31, 08:57 AM
of course. I've been doing it almost 2 months, and it made my account safe. I will shift the sl became 1 after getting 15 pips profit. I will accept defeat 40 pips, if profit never reached number 15. and it means I did make a mistake in doing so need to do the analysis evaluation.

Techno
2012-03-31, 12:15 PM
I usually put profit lock with the help of EA / robot. with the help of the EA can be more relaxed in my trading. because EA is helpful in conducting TP, SL and lock profit. how many pips we want, we can set.

I also use a lock profit in the trade that I do.
aim to anticipate price movements that suddenly reversed course.
trade so that I can do to reduce the amount of loss that occurred. because it has secured a position, first.

manibhai2012
2012-03-31, 03:20 PM
Han ma to hemsaha jab b long trade krta hn to 100 pips k profit k bad 50 % trade ko close kr deta hn aur apne stop loss ko profit ma la ata hn kai bar kafi pips aur mil jaten han lekin kae bar profit k baje stop loss hit ho jata ha lekin jab b stop loss hit hota ha woh b profit ma hota ha.

barkiman
2012-04-02, 11:05 AM
every body is doing the trades with the hope of getting the good money and if no body will lock the profit then market may move to his direction an then will come back to its own direction so that loss will be there is his account.
yes, indeed I often run into things like that. for that, I now always do the lock of the profit that I can. if the position is 25-30 pips profit, then I will immediately move the stop loss at + 5 pips. so, if at any time the price back again, at least 5 pips can I keep in my pocket.

ashvin
2012-04-02, 11:44 AM
better we always do lock profit, if the profit is getting a lot of our Fox sl becomes larger, so we will never experience a loss. If I get 50 pips profit, then I'll lock profit to 30 pips. so wherever the price moves, I still get the 30 pips.

Techno
2012-04-02, 12:01 PM
Brother I Use 5 pip Tp and 50.00pips SL and many trades are going to in profit

how do you draw the attention of my trading. because you are using a very large risk prisoners to earn a little profit. but it could have been done, it's just going to make you get a smaller profit, because you are using 50 000 pips stop loss.

rosalia
2012-04-03, 01:35 PM
better we always do lock profit, if the profit is getting a lot of our Fox sl becomes larger, so we will never experience a loss. If I get 50 pips profit, then I'll lock profit to 30 pips. so wherever the price moves, I still get the 30 pips.

Lock profit is good for trading but it could be done if you are medium-term or long-term traders. If you're scalpers, I don't think that
you need lock profit so it's important to adjust it with your style. If your Target Profit is more than 30 pips, so it's good to use lock
profits to prevent losses after floating profits.

taqiniazi
2012-04-03, 06:10 PM
Not every time. but i lock my profit and loss both when i am in oput of station where i can't use the Internet on any home or my mobile device then i lock my profit

mita
2012-04-04, 12:07 PM
yeah bro its very helpful to increas your profits i will help you to earn a lot of money buyt you need to place you stop limit corrextly because some times the trend hits you stop limit and starts to go into further profits so u need to place them correctly..

venus
2012-04-04, 12:50 PM
yes trailing stop is a good way to minimize risk in trading. i have use it several times with my trades and was able to prevent losses. sometimes prices do not move as expected. in such situations we can use trailing stop with our trades.

That's right. Trailing stop Loss will minimize the risk of losses after the condition is floating profits. Lock profit is used
when you could make good analysis but it will protect you from losses when there is sudden condition which is unexpected
and unpredicted.

Techno
2012-04-04, 01:00 PM
Not every time. but i lock my profit and loss both when i am in oput of station where i can't use the Internet on any home or my mobile device then i lock my profit

for every trade that I do, I try to use the lock profit when profit has reached a certain figure. because I use it as a precaution. prices do not always move in accordance with the prediction that we do. so need to anticipate.

viky
2012-04-05, 01:38 PM
ya using stop loss is a good idea in forex. if you are long term trader then you shuold always set the stop loss to avoid heavy losses. stop is very important aspects in long term trading

gava
2012-04-05, 11:42 PM
It depend on a trade, in some trades I lock my profit by putting TP and in other trades I just observe the currency value and wait for the time to manually close the trade. However when I open a trade and going away then I always put TP.

silverfx
2012-04-06, 01:04 AM
if you thinking that your position will going at floating minus or your news are going wrong then you should take a good decision and should lock your trades from loss.because this is the only way to safe your balance and pips.

justpips
2012-04-06, 01:52 AM
yes, I always use a locking position being profit for floating +. I'll set the SL to +1 if the minimum profit that I could have reached a minimum of +15 pips. I use profit locking to prevent loss due to changes in the trend of price movement. I got a +1 better than having to withstand losses.

girish
2012-04-06, 12:37 PM
Yes, I think this is a very good way of making profits in forex trade especially for the newbies. It will be very hard for beginners to make good profits in trade. So in that case they can put certain limit and lock the profits as soon as possible so that they will get satisfactory result. I trade with this same strategy too and as far as it goes, it is satisfactory to me.

mita
2012-04-07, 09:49 PM
Yes I have knew about it 3 days ago from a experienced trader and I like very much this option because we can save our trade from loss through using trailing stop in our trades. It is very good option.

mita
2012-04-07, 11:17 PM
yes this true trailing stop is good when we are not be able to watch the market for a long time the system will take the maximum profit that it can be ,and this will prevent the small profit.

ritesh
2012-04-08, 02:32 PM
i think you are telling Trailing Stop trading.Yes sometimes i use it when i am sure the price will go in one direction but dont know the limit.It will set the SL values automatically and help us to get the profit.

mita
2012-04-08, 05:33 PM
may bhi aesa kafi baar kerti hoon. laykin mjhe ziada experience na honay ki waja say kabhi kabhi aesa hota hay kay may jo stop loss move kerti hoon wo jald hi hit ho jata hay or phir price kafi ziada mayray favor may chali jati hoon. tab may ye soochti hoon kay agar stop loss move na kia hota to ye sab mjhe profit ho jata.

viky
2012-04-10, 10:46 PM
Absolutely you need to change the levels of trailing stop loss as well to make more profits when you use trailing stop loss you need to monitor your trade until you close and It will set the SL values automatically and help us to get the profit.

ritesh
2012-04-10, 10:58 PM
Ya locking profit is the key that you want to get the money not just joking by opening trade without taking profit never think to break their reputation with only small thing like this and need to change the levels of trailing stop loss as well to make more profits.

tajdarbet
2012-04-10, 11:04 PM
Locking profit seems a new phrase?
Some traders use Stop limit/ Trailing stop to secure their trade.
If one of your trade go on profit, you can set a stop limit, so that if price try to cross that point, trade will get close with profit.

Imagine one of your trade is in 20 pips profit. If you set stop limit of 10 pips, if your profit reduce and if it come at 10 pips, your trade will close automatically with that profit.
Anyone do this in trading?

mere khoyal main app ka matlab hedging se ha han main to akser aesa he karta houn k apna profit lock kar leta houn kioun k es se mugh ko margin call ka dar nahi rehta ha es liye main to aese karta houn kioun k mere account main kafi kaam balnce he hota ha

babu
2012-04-11, 05:17 PM
i will never do like this.because it should be bad for our trading.its called hedging process or we can sel lock profits system.but it will put me in confuse.so better to trade without any confusion.and need confident.

100c
2012-04-12, 04:32 PM
Its actually a trail stop limit. I did not try this yet but i think its good t use this option in your trading because it will help you to save us from further loss, we will lose only few pips but overall will earn some pips so its a good thing.

Yes trailing stop in the best option but its work when you are in profit and you use it for more pips profit and this will help to stop the profit converted in to loss. means it will safe your remaining profit.

dadaa
2012-04-12, 08:18 PM
Yes i do the same very often but now i am trying to get rid of this habit also because it not proved much beneficial for me and i have to loose the profits of winning trade because price closes my order and i can not continue my profitable trade.

dadaa
2012-04-13, 01:30 PM
yes i agree with you that we should set take profit and stop los in every position.
this think is very good to safety our account, and i think if we have done it, it mean we has been apply the good money management and risk management. take profit and stop loss make trading more relax and more discipline.

avi
2012-04-14, 01:10 PM
But if one is aiming for more money and get caught up by hitting his stop loss instead of profits so then he must think that he must lock his profits before getting loss. If anyone can guard his trades all the time, then its may be possible to close manually on the highest point.

avi
2012-04-14, 01:19 PM
Yes dear trailing stop loss is and excellent feature to use. But there are very few traders that knew this thing. It saves your profits in trades and also if you don't know when to close your trade, you can simply use trailing stop loss to get maximum profit from a move.

babu
2012-04-14, 01:31 PM
abhi tak to may apni trades ko ****sit kerta hoon. jaisay hi kuch profit hota hay may apni trade close ker dayta hoon, laykin stop loss kay hit honay tak wait kerta hoon, ye emotional effect hay jo aesta aesta hi theeek ho ga.

babu
2012-04-14, 05:14 PM
It is a good way of trading that you keep stick with your original trading take profit and stop loss point. Often traders especially new ones keep changing their take profit and stop loss value and remain confused while their trading.

babu
2012-04-14, 05:44 PM
her trade may aesa kerna mumkin nae hota. agr to may platform per hoon or ye bhi daykh loon kay last swing high ya swing low mayri entry say door hue hay to phir may stop loss ko break even per ker layta hoon. nae to trade chalti rehti hay.

Morshedul
2012-04-14, 06:19 PM
Not for every trade i use this both. But i set target profit for almost every trade rather than setting stop loss. To me, stop loss is not that much important for you if you have well money as a deposit. It may cause losses. But setting target profit is necessary for forex traders.