Use of take profit tool.

Take profit tool is very important for forex trading. When we open a trade then must be use take profit if you no stay your computer or close your computer.

use the take profit for intraday trading is very important because we have a target will be achieved, although we are not currently online. Likewise the stop loss. I use the support and resistense to give the target trade forex that I do. whether it is for profit with the take profit or loss with stop loss. :good:

yes the Use of take profit is very useful and important in forex trading...it help us avoid one of the most psycological factor which usually causes the traders lose their money, greed.

for me railing stops,manuall profit lock,take profit order. only 3 ways to cover your profit,but maybe there is any software can help you

USE OF profit take,i think it can be done if possible revenue that we get as we still expect to start his plan.but take profit will lead to lax in managing trade.

trailing stops,manuall profit lock,take profit order.
only 3 ways to cover your profit,but maybe there is any software can help you.
play with target,i know you want to take profit as much you can,but thats not too good to your mind
greed will rules your trade

YES,i agree with you,but according to me that this tool is very important during trading when you are using this tool then you will define your profit. It is the best strategy because you have justified your profit.

its are the main tools in account management. Stop loss and take profIf i still not use take profits in my trading, i might not be so concerned since i am a trend trader, no matter what happens , i can still find my tend , but stop loss is very important.

take profit and stop loss are the most powerful tool of meta trader which makes trader's life more easier. it allows a trader to close a trade at his desired level automatically. now traders don't need so spend all the day or night sitting in front of the pc for closing or opening a trade. take profit, stop loss and pending order allows them to open or close a trade automatically at their desired price. but while setting TP or SL points trader should be very much careful. their entry should be very solid, otherwise SL will be hit before TP.

When ever i place a trade i always use take profit limit to take out my profit and sl to stop my loss. In this manner there is very less chance of draining account. TP and SL are the main things to make a good average of earning through trading.