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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. 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.
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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
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yes bilkul kafi traders secreen k samny sit rahty hain aur apny postion ko daikhty rahty hain aur kuch log is mai sl put kar daiuty hain magar mainy always is mai prefer sl ko kia haio kio k hum agar secreen k samnay bhi sit rahy tou bhi market jab action mai ati hai tou hamari wo loss wali trade closed karna bhut mushkil rahta hai is leyay zruri hai k sl put kary.. If you try to do such things then you must have to remain in front of the screen which is one of the bad thing so try to place the trade with stop loss and take profit so that proper money management will get followed.
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I did not find the need for monitoring of trade we always as long as we have a good MM and stop loss. Most traders lose big without using stop loss, and many beginners tend to avoid thinking if the price is just going to bounce back from there and so. This is not a good adea if you can not watch the market a long time, or you want to kill your own account Well in fact I personally believe each trader has a different way of tradingI think we do not have to look at the money we have made the trade. it can also affect our emotions.it is always better to place stop loss and take profits to your trades and you can relax and not have to bother watching or monitoring your trades for hours.
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dear I also do believe that seeing our position to make sure we dont go to loss will wasting our time. We dont need to do that, because we can use stop loss if we dont want to lose much money. Because it will makes us tired if we always watching our positions all the time. It will not good for our health also, and will easy makes us hard to control our emotion well dear in forex actually I consider it was totally a waste of time. moreover there is no fsilitas take profit and stop loss, so we can casually leave it without having to constantly monitor it to prevent loss, anyways I think loss is a possibility and it is reasonable.
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keep your trading lot size low that can give a space to our trading that it wont close in a few pips and maintain a stop loss and take profit order if you are not present in front of the system all day. Dont open multiple trade if the margin call is near. No I think we can use the stop loss at our trades and we should not watch all the time because we can make take wrong decision if we watch the market all the time and it would be wise after placing an order should close the monitor to control our emotions
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well actually my dear, to me 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.
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dear I also do believe that seeing our position to make sure we dont go to loss will wasting our time. We dont need to do that, because we can use stop loss if we dont want to lose much money. Because it will makes us tired if we always watching our positions all the time. It will not good for our health also, and will easy makes us hard to control our emotion well dear in forex actually I consider it was totally a waste of time. moreover there is no fsilitas take profit and stop loss, so we can casually leave it without having to constantly monitor it to prevent loss, anyways I think loss is a possibility and it is reasonable.
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yes, of course actually it is obvious that each trader has a different way of trading. so it is necessary or not a trader continue to monitor their positions in trading, depending on the strategies they use. as traders we need to know to make trades, there are times when we are watching the position or do not have to watch him. for the scalper, generally need to always keep an eye on their position.
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It is not necessary to wash the open position again and again. It is recommended it to only traders follow the scalping strategies. And for those traders who don't use of believing this type of strategies they can set a good stoploss and take profit order and can forget the market till the order automatically stops. But you also need to check the news event and close the trade if there are any major events in way