Use of take profit tool.

actually take benefit is very useful device in currency dealing. if you anticipate to get the highest possible benefit and in the procedure you get selfish and don't use take benefit then there is excellent possibility that you end up in a dropping place. it is better to ue TP to secure in benefit.

take profit tools is very usefull for the beginer trader like me..its secure my profit in the trading and i always setting the take profit and stop loss beffore i place the orders,the both tools makes my trading more comfortable and makes me more confidence,i think its very important tools for the beginer trader like me!!goodluck!

I think that take profit tool is very good tool, we can set it to minimum or maximum where we expect that price will go. its very good tool even if we cannot sit before to computer then we can easily set our tp and sl at our destination place to reach our goal. So this tool is very good for trading.

use take profit is very important to determine profit targets, would be at risk if we are lucky but we leave it too long, because the market can reverse direction quickly without being able to control us, for scalping techniques usually use take profit a little

you can use a take profit as a tool to close the trade you do automatically,
so you do not need to use manually closing again on your account,
it as well as I did during this on my acc that i traded for these

take profit ka use forex trading me bhut impotent hai esse aapko jada loss hone se bacha ja sakta hai forex market me up and down hota rhta hai so kabhi bhi trading suru karne ke sath hi stop loss and take profit laga dena chahiye taki profit kama liya jaye or loss bhi na ho

take profit tool is okay if you are not sure of the market direction especially when it is ranging and i am trading short term but if it is strongly trending, i do not use it as i may just be cutting short my profits.

This tool will help us a lot to get out of the market and escape with profit time of high volatility and that too will be very useful if you were unable to continue trade in order to achieve your goals they work instead of you at this time and I advise you also experimenting with stop loss, they are useful for the same cases also .

I think that we have to learn how well we deal with indicators so that we can understand it well and we can easily achieve profit

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Originally Posted by hammer

use take profit is very important to determine profit targets, would be at risk if we are lucky but we leave it too long, because the market can reverse direction quickly without being able to control us, for scalping techniques usually use take profit a little

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Yes it is make save and secure trade in particular conditions , traders have to understand that he can get loss two or three times in a row and have ability to trade next time. That is correct Money management by putting right conditions and right time.