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well there's an end in a trend and take profit can be the best tools to cut possible lose and take possible profit created in the market, so take profit is so much useful for our trades even we are in sleeping still we can expect for profitable trade.
Certainly that It is indeed one of the bets way to getting the market through and cut the siganal off just to avoid the bad sense of the markets as without much exitations so far the brokers spreaded is not manipulatives !!
Certainly that take profit tool is very important in forex market because in forex business if you do not used a take profit tool then you have a chance of loss in forex business.you can put taked as a profit in yours as a trading transtion easly and earn a money from forex business !!
bhaiya g agar mein aap ko apna batyo tu mein ny jab sy trading start ki hai only mein ny take profit ko use kiya hai aur mein ny kabi bi stop loss ko use nai kiya yeh meray liye bohat acha hai ,so forex aik legit business hai aur mein jab kisi aur place mein jata hoon tu apna order take profit ky sath laga kar mt4 close kar deta hoon.
Certainly that it is one of the basic that every trader have to know.so all newbies have to take note that take profit and stoploss is the must for all of us.when we are going to open a postion we have to study on it firstly and we have to analyse the target and stoploss and that is the time we can trade.the most important is the stoploss and second one is the take profit pointed !!!
great use of take profit and stop lose tools is very helpful for trader. if you select take profit tools when market will rich that position it will close automatically and if you use stop lose tools when market goes that situation it will close automatically so it,s very helpful for trader. i always use it.
take profit tools hai jisko use karke trader ko apne orderko baar baar watch nahi karna padta,esko lagane ke liye trader ko capital management bhi karna hoga,trader tp use karna chahta hai to usko eske liye apne system ka bhi help lena chahiye..
ye baat to theek hain bhaiya ji stop loss tools hone ke wajah se humare ko apni trades ko baar baar watch karne ki jarurat hi nahi padti hain bahut hi ache tools hain inka istemaal to har koi trader karta hain bhaiya jiQuote:
Originally Posted by fxearner
take profit tools sirf woi tarder use thik se kar sakta hai jisne pehle market me analysis karliya ho aur fir apne system par signals ko achhe se samajh liya ho fir wo market me achhe se samajh kar kaam kar sakenga,bina eske trader ko kuch bhi samajh nahi aasakta..
when you take a position, we recommend you to set a take profit order. this allows you to automatically pocket your winnings if the goal is reached, for example if you buy EURUSD 1.4350 and 1.4450 you are targeting, you schedule a Take Profit (profit-taking) to 1.4450. thus, if the threshold is reached, your order will automatically unwound and locked profit