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ye bat achi hay. open trade ki. market main different times hotay hain trade open or close hota hay. lakin jab open rakho to ye dekh lo k market loss main to ja rahi is say ik or loss honay ka khatra hota hay. ap open kar k bhol jao or ap loss uthatay raho.
There is no limit of time from a broker and you can keep your position open for as long as you want. But it is not wise to leave your position open for a long time. You should analyse the market completely and then set your take profit and stop loss limits according to your target. Do not go beyond take profit limit because it will be greed and greed is not good for a trader.
it is depend on you if you are a short term trader then you can set stop loss according to your desire in open position trading that where you want stop your trading ..but if you are a long term trader you have to close your trading position by manually..and you can keep your margin high in case of long term trading...
Still you have enough equity in your account , your trade can be open .If you are activity on small volume and your account is not swap free then you might not get overmuch get with leaving the trade open for many days.
You can keep your trading open as long as you want. But you must make sure that your margin is much enough. In forex, there are no limitation to keep our open or not
you have to open your trade when you know that there is only profit you gain and no loss situations. when you see that rates are going to be down than keep close your trade and wait for the good condition.
open positions that we do depends on whether we get the profit or loss because when we are trading we expect to get a huge profit and not too harmful for us instead. therefore it is very important for us to note that we always be able to take advantage of some opportunities that could give us convenience.
It is true it should be we should set the take profit in forex so prices will be closed by the broker when touching these prices, the most important is money menejement, I guess in trading, if we use money menejement is good then it will be very safe for our trading.
Actually you can keep in open position until forever. Because there is no exact time or limited time you need it closed and i think that is the real rule. So I use it in my trading strategies that never close transaction when you are not profit. That simpler i think.
I think there is no exact time that how long you keep your trade. I think it totally depends on the market. If you are a good trader, then you will understand about it. Long traders usually wait for longer periods. But if you are short trader, then you need to put stop loss and proper target profits. If you get any information that market price is decreasing, then stop the trade manually, otherwise no need to stop.