Yes most of the time I have to watch the market because in forex market everything can happen because it is not only depends on technical analysis but also fundamental analysis too. We need to understand that any news on currency pair can affect the market any time.
Humen apne open position ko hamesha check karne ki jarurat nahi hoti hai, humen market ko analysis karke trading karna hoga tabhi hum professional ki tarah trading kar sakte hai kyoki professional traders patience ke sath trading karte hai.
For the perfect trading you need to choose a trading system that you like. It is not advisable to opt for a strategy too complex or put you off as you go, dragging feet. Looking for a simple strategy that you will understand easily and that you will put in place.
we have to understand be better work in the sme working and we are well developed in so many ways and we also have to work in different its better in trades.
Ji bilkul sir ham jab trade karty hai to hamey apny open postion ko watch karty rehna chahiye kyu ki market ka koi bharosa nahi hota hai or ho sakta hai hamney jo trade kari hai vo lose me bhi ho sakti hai isliye hame proper market ko dekty rehna chahiye jissaay ki ham agar lose me j rahe ho to ham apni trade ko vahin pe stop kar de or hamy jada lose na ho.
I forgot to close my trade and very next day I did not get any chance to view my trade. And later when I got to my trade all my money was gone. If I had been there keeping constant eye upon the trade, perhaps I will not be broke. So what do you all do? When you have to go for any urgent jobs, would you leave the trade open?
friend if we put stop loss value then no need to watch the market continue..
we dont know where will market move in upcoming time. we need to watch the chart at the time when we are going to open trade.
You cannot control the Forex trading Markets so looking at your Terminal and open trade will not make a difference. One needs to stay as far away as possible from their open trades as long as they want to prevent over trading.
Peace, mercy and blessings of God watching market movement for sometime you can understand the market important to constantly monitor the open trades and news which may affect it.
And a very important thing is to define the targets of the open trades else MC may happen as you conditions and also know well where a particular pair is taking support and where it is getting resistance
---------- Post added at 09:55 PM ---------- Previous post was at 09:55 PM ----------
Thanked My dear brother on the subject of values and on information provided by and wish to watching market movement for sometime you can understand the market important to constantly monitor the open trades and news which may affect it.And a very important thing is to define the targets take advantage of them esteemed brothers, God willing, already are mysteries, and I wish
---------- Post added at 10:24 PM ---------- Previous post was at 09:55 PM ----------
Peace, mercy and blessings of God movement for sometime you can understand the market conditions and also know well where a particular pair is taking support and where it is getting resistance - if yo know about a range well, it constantly monitor the open trades and news which may affect it. And a very important thing is to define the targets of the open trades else MC may
---------- Post added at 10:53 PM ---------- Previous post was at 10:24 PM ----------
Peace, mercy and blessings of God watching market movement for sometime you can understand the monitor the open trades and news which may affect it.And a very important thing is to define the targets of the open trades else MC may market conditions and also know well where a particular pair is taking support and where it is getting resistance - if you know about a range well, it is then easy to enter profitable
My dear friend there are need to watch to your open position in forex market .if you not watch your open position then you can go on big loss .to avoid from big loss you should use stop loss in forex market .
If I had been there keeping constant eye upon the trade, perhaps I will not be broke. as traders we need to know to make trades,.if you wanna to go for any urgent jobs it is not neccessary to close that trade.you can use stop loss method at that moment.