If you managed to get a profit?

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Originally Posted by arjun

Usually people ask, what do you do if you have a loss?
but rarely ask, what do you do if a position that you attach successfully profit?
whether you will do the evaluation,
whether you will stop trading for the day,
whether you will immediately do wd.
please for your experience..

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I trade with certain target. I usually set my target clear. I target for certain pips lets say 20-25. Then when I get that pips, I close that account. I never let my greed hamper my trade. I could take more pips but I don't want to risk that pips in greed of making few more. I am always rigid with my plans and that is what making me perfect in forex trade.

Depending on your plans or daily target, the trader will either open more trades or stop trading. We all have our own MM policies and trading discipline rules and abilities.

to get profit in forex trading is much easy but you must learn about management, so management is very vide topic and learning about money management is too nacessary

i also think when you reach the daily target then its better to stop trading that day because whenever we enter the trade we are taking the risk. before many time in this way to go for more trade i lost of my profit and even loss also.

depending on the account which we use when we do use compounding account then we will not make a withdrawal, but if we use a special account for the attraction then when we profit, we will pull

when the perceived profit that I got today is enough, I will immediately close the metatrader.
if today is psychologically disturbed me and my loss, then I'll shut metatrader too.
These things I do to train the discipline

i will immediately withdraw the profit and wait for 7 hours to come dollar in my liberty reserve account then again i will start trading

Quote:

---

Originally Posted by arjun

Usually people ask, what do you do if you have a loss?
but rarely ask, what do you do if a position that you attach successfully profit?
whether you will do the evaluation,
whether you will stop trading for the day,
whether you will immediately do wd.
please for your experience..

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depending for the account if i have abig balance i can make hedje or ather option to clos all order
for me i don't use stop loss end i close all order in the same day in profit or loss

chirayu, Yes, it is important to stop trading forex immediately that a forex trader manages to get their desired trading results in forex exchange trading. I also do that to avoid any regrets in my trading in case of losses that might come.

i think we should trade in daily target basis..afterward reaching desire level we should withdrar...i also do the same..and we should keep some capital reserve for future ,,,if we get loss then it can help