Use of take profit tool.

it was actually extremely sensible for those to try and do like this, we trading upon the forex need to got the profit for our particular living and luxuriate in it, that's why we are join upon the forex, all of us need to enjoy our live making use of the profit that many of us got upon the forex. ;)

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Originally Posted by dareking

sahi kaha take profit aur stop loss laga dene ke baad trader koi aur work ya fir kahi aa ya ja bhi sakta hai, main hamesha dono tools ka use karta hoon, lekin main hamesha money management ke hisaab se hi trade karta hoon.:)

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bilkul stop loss set krne se hum ko jo loss set kiya hai us se ziayda nhi loss hota aur trade khud close ho jati hai aur jub profit hit hota hai tb bhi aise hi trade close ho jati hai . ye tool very important hai

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Originally Posted by forexpips

Hey here we tell you about the take profit tool its very useful because when market in rotation then we cant close deal or we are enable to close deal so we use this tool or option we set a target when we want close deal.

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I use scripts to do the open position, closed position, take profit, close all, stop loss, and pending orders. It was enough to help me. Without scripts, I like to do a mistake in inputting entry point. So it is very difficult for me without the tools. At least it will be a little help.

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Originally Posted by dareking

sahi kaha take profit aur stop loss laga dene ke baad trader koi aur work ya fir kahi aa ya ja bhi sakta hai, main hamesha dono tools ka use karta hoon, lekin main hamesha money management ke hisaab se hi trade karta hoon.:)

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it is not easy to use stop loss and take profit .if we place it at wrong level then might be we can face loss. so we should place stop loss at right level after proper confirmation then you will get good profit also .:)

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Originally Posted by dareking

sahi kaha take profit aur stop loss laga dene ke baad trader koi aur work ya fir kahi aa ya ja bhi sakta hai, main hamesha dono tools ka use karta hoon, lekin main hamesha money management ke hisaab se hi trade karta hoon.:)

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ji haan lekin bhai stoploss lagana bahut risky hota hai mai kabhi nhi karta hun mughe dar lagta hai mai koi kaam nhi karta hun bas sahi tarike se hume kaam karna chahiy bahut age nikal sakten hain .

i think take profit or stop loss will help us when we have perfect news about forex......

if we can do perfectly news analysis then if we give take profit and stop loss in perfect place then it will help us in our trade..........

I always set TP for 20-30 pips but can not understand

Use of take profit tool
I do not know about whether or not the user tools such income may be used to indicate market movement indilator which later can generate the desired profit,,, hee

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Originally Posted by ramlan10001

Use of take profit tool
I do not know about whether or not the user tools such income may be used to indicate market movement indilator which later can generate the desired profit,,, hee

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If we can use all of the tools and make our strategy better is OK, Sometimes we through certain things and don't take a thing from that experience hence it was in a sense worthless..It is on us to learn from our experiences which can be very valuable but if we don't acknowledge it ..it would be worthless..so it is our responsibility..

Take profit allows you to set target price that we will stop trading in it and closing the deal with profit as also it is very useful as it decreases the loss level wich gives traders the opportunity to trade with less fear of loosing their money