Use of take profit tool.

Using stop loss and taking profits in this trade is important in the sense that
we will not be there to watch our trades at any time, so we'd better use stop loss
and take advantage and when the market goes towards this entry. Trading can be closed automatically,
it will protect our capital and also secure our profit for us.

Hello my friend, I think it's important to limit the profit and loss in every transaction
so I will not lose more than I can do when making mistakes because no one can avoid the risk of loss in forex trading.
So grab the profit tool it's important soI can maximize profits
but I have to learn how to place it at the most favorable price.

Quote:

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Originally Posted by yogesh

It is good to set a target price in your trade as if we want to close it instantly and suddenly market start going against our trade it keep asking requote and until we close there is quite much diffence in prices where we intended to close. While a pre-set target is triggered if prices touch taht level.

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Ji ha dear forex market me hum jab bhi trading karte hai to yadi hum take profit ka use karte hai to bahut hi best hota hai kyoki hum 24 hour market ko watch nahi kar sakte hai esliye jab hum take profit ka use karte hai to hume good profit earn ho sakta hai.

when the traders open the trading position then they set the stop loss tools with 20 to 30 pips when the trading market go against the trading position and reach at the st point of stop loss the trade close automatically with little loss.

While predetermined targets are triggered if the price touches that level.
Profit tool is a very good tool, we can set it to minimum or maximum where we expect the price will happen.
I often use profit taking tools to set price targets when
I Want to leave the terminal for some time or at night I modify the trades to arrange take profit price

We close there is quite a lot of price differences that want to close.
While predetermined targets are triggered if the price touches that level.
I want to leave the terminal for some time or at night
I modify the trade to arrange take profit price when I go to sleep

After opening the trade everyone should use Take profit and stop loss level.
We must have a target profit level.
On the other hand set a Stop loss level that is much more important if all the capital can be spoiled. We can use the level of R1, R2, R3 to determine the target profit. Various trading tools are available to determine the take profit level.

After opening the trade everyone should use Take profit and stop loss level.
We must have a target profit level. On the other hand set a Stop loss level that is much more important if all the capital can be spoiled. We can use the level of R1, R2, R3 to determine the target profit.
Various trading tools are available to determine the take profit level.

yes It is good to set a target price in your trade as if we want to close it instantly and suddenly market start going against our trade it keep asking requote and until we close there is quite much diffence in prices where we intended to close . thank s insta

Take profit bht useful h kyuki market ki movement ka koi pta nhi h kbhi b kahi se b opposite direction me ja skti h aur aapka profit KB loss me convert ho jaye pta nhi lgta.isliye apna profit calculate kr k take profit jarur lgana chahiye isse ek fayda ye b hota h ki agr kisi reason se aap us time trades watch nhi kr rhe ho jis time p trade apki expected profit tk pahuch jaye aur fir wapas aa jaye to take profit se aapko expected profit mil jata h