Yes I use that static tool to estimate my take profits point too, and that tool is very useful for me, we can make calculation about pips range too with that tool :)
And I used to use that tool to calculate between high and low of candle :)
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Yes I use that static tool to estimate my take profits point too, and that tool is very useful for me, we can make calculation about pips range too with that tool :)
And I used to use that tool to calculate between high and low of candle :)
that to obtain a suitable trading style, not just enough to read, but we should try to practice directly with the trading styles of trading so that Use of take profit tool we know the risks and benefits of new and from there we'll decide which one is selected, the corresponding DNG our trading character. .. scalping is to make a profit, but basanya 1x accumulated profit loss can devour us from some op ...
We must not neglect the fact that it is that emotional drive that helps us to be even more cautious of the decisions we make, and consequently, avoid taking some irrational step that can jeopardize ones financial plans as regarding the forex trade
use of take profit tool ka use har ek trader ko karna chahiye,ese jo profit mein humne soch rakha ho wo hume mil jaata hai..agar ek trade mein aapko aisa hojaaye aur achha profit mil jaaye tou aapko usdin trade nahi karni chahiye..
take profit use is a use for traders to be able to determine the amount of income he would decide, in other words if we could use a take profit correctly then it can increase our income in forex trading
I use that tool too to analyze the market movement range, and I use that tool to set take profits and stop loss too, that is very useful tool but sometimes that tool get forgotten by traders because they think its not useful. :)
I think a profit in forex trading is not that difficult, what benefits we can happen to the movement of the market very quickly, so that the rate of profit is changing rapidly. but we need to get adalahn consistent, so I think we have to be disciplined in using profit targets, in order to be consistent.
---------- Post added at 01:21 PM ---------- Previous post was at 01:15 PM ----------
I think a profit in forex trading is not that difficult, what benefits we can happen to the movement of the market very quickly, so that the rate of profit is changing rapidly. but we need to get adalahn consistent, so I think we have to be disciplined in using profit targets, in order to be consistent.
the use of tools or software is a tool for automatic profit is good enough for the experienced trader because the trader will already be set, in contrast to newbies should not use those tools, better trading manually
bhai sahi baat kahi aapne, take profit lagane ke baad hume na to greedy aata hai, aur na hi emotional jo take profit hum laga dete hai, wo hi laga rahne dena chahiye, hume jitna bhi profit mil jaye sahi hoga, loss se kafi behtar hai.:)Quote:
Originally Posted by manav14386
It was very good to set a target price on your trade as if we want to close it immediately and suddenly began trading market is against us, and until we are close enough there diffence prices where we intended to cover so this is all we use to minimize losses us as soon as possibleQuote:
Originally Posted by forexpips