Of course I have known that who are analysis to the market and they are earning more money by trade from in this market. I think that there are loss prat is very big so there are loss more traders everyday.Therefore everyone traders for need when we are open the market then we are be ready to watch market position as soon as trade altogether trading in this market.
dear when you had good knowledge and the experience about this business trading system that you can handle every side of this business than you can analysis the market trend well than you will be successful in this trading business without experience and without proper knowledge about this trading business you're cannot analysis the market G haan bilkul.agar hum apni open trades pay nazar rakhty hain to hum achi earning lay sakty hain or big loss say bach sakty hain.hum agar screen kay samny nahin hain to hum tp,sl,pending order or trailing stop jessy tools ki maddad say bhi trading kar sakty hain.
jasa k ap janta he ho g mere saat tho aesa huva h dosto main use bahut pyar karta tha sirf 2 din ... meri bilkul b fikr ni ki.. or jb mai thik ho gai tb mene usse rishta todne ki baat ki ... kuch hasil nahi hoga dogi to tume or takleef hogi is se acha h ki tum abi se kar raha. jab hum chart ko analyse kar kay trade open kar lety hen tu hamary dekhny ya na dekhny se koye farq ni parta hume bas chart analyse karny tak gor karna chahiye uskay bad trade open kar k sabr kay sath wait karna chahiye es tarha hamesha out put achi mile gi stop loss or take profit tool ko jarur use karna chahiye.
if you are trading on short term time frame, may be M15/M30 H1 you may observe several trend reversals per day. So if you open your position for long time the existing trend you use to open the trad may no longer valid. Then you can loose. But if you are trading on long term trend you don't have to watch all the time. if you trade on daily chart you can depend on the trend more than few days
We don't find a requirement of checking our own investments usually so long as we've a superb MM as well as a end loss. most investors lose major without resorting to an end loss, and a lot of novices have a tendency to stay away from the item pondering if your price tag would certainly just inflatable bounce rear through at this time there and for that reason. it's not advisable if you cannot watch current market for long, or perhaps you wanna kill ones account yourself.
I don't find a necessity of monitoring our deals always as long as we have a good MM and a halt decrease . most traders misplace large-scale without utilising a stop decrease , and numerous beginners are inclined to bypass it conceiving of if the price would just bounce back from there and so . this is not a good idea if you can't watch market for long , or you wanna murder your account yurself .
YES, we always watch our position to make sure the perfect trading, it is because that forex trading is very risky, tough and unpredictable business and if we will trade without concentration then we will have to face the critical situation, it is better then we should concentrate on our position in order to get the fruitful result.
As concern to me, I am attached with forex since 2011 and i always trade with full concentration and I am earning good amount from this business.
I don't uncover a need of following our exchanges dependably provided that we have a great Mm and a stop loss . most merchants lose enormous without utilizing a stop loss , and numerous apprentices have a tendency to maintain a strategic distance from it considering if the cost might only skip back from that point along these lines . this is not a great thought in the event that you can't watch showcase for long , or you wanna slaughter your record yourself .
there are Stop loss and Take profit option in meta trader software which will allow you to close or open a trade at your desired level automatically. so you don't need to spend hours after hour just by sitting in front of the terminal. just set your tp and SL on the basis of proper analysis, then you might go for your outdoor work. Don't worry your order will be automatically taken care.
I don't think so because when we open positions then we can't do anything if the position starts going into loss because if we don't have the decision power that when we have to close a trade in loss then it is useless to sit in front of the trading screen to watch the position is going into loss. We must put SL and TP at the time of opening a position and should avoid opening a position without analysis.