Do we need to watch our open positions to make sure we don't go to loss.

Its depend on your trading style, if you are scalpers I think you have to maintain your chart everytimes because scalper didn't use stop loss to manage their risks and they have to do cut loss manually :)

very important to control we can monitor the position and I think if you do not have a good Psikology, not too often see chart, as this is not good in trading, you will be hard to control your emotions when you are looking at the chart.

Quote:

---

Originally Posted by hendarto

very important to control we can monitor the position and I think if you do not have a good Psikology, not too often see chart, as this is not good in trading, you will be hard to control your emotions when you are looking at the chart.

---

Yes i believe a positive attitude in this game will really help you and give you the head start in trading . if you get discouraged and you feel that you cannot make it then you will feel discourages and give up

Quote:

---

Originally Posted by awais

I think the monitoring is not very necessary if the trader is satisfied about the strategy and the management is good, but if the trades are going in loss then monitoring can only help you to stop them, not in making them in profit.

---

i think that there is never a need to stay back and look at our trades in forex trading because of the fact that we still have no control neither can we interfer with he forex markets and make the trades to go into profits according to our plans.

monitoring our trades always as long as we have a good MM and a stop loss . most traders lose big without using a stop loss , and many beginners tend to avoid it thinking of if the price would just bounce back from there

yeah right, stop losses are indeed an important part of our trade to limit losses. if we can not monitor our position in the trade, we can use stop losses to limit losses, if we are wrong in analyzing the market. but if we can monitor our position, I think it's better. because we also will learn to think and make decisions appropriately to our position in the market movement.

Quote:

---

Originally Posted by SeoHyun

Its depend on your trading style, if you are scalpers I think you have to maintain your chart everytimes because scalper didn't use stop loss to manage their risks and they have to do cut loss manually :)

---

You right, many scalpers will watch chart everytime until their OP closed all, you can leave your chart, except, maybe you prefer using EA for an automated trade instead manual trade

Quote:

---

Originally Posted by dareking

bhai sahi baat kahi aapne, jab hum stop loss aur take profit laga sakte hai, to iska use karna chahiye, position ko dekhne ki jarurat nahi hoti hai, aise agar hum position ke samne baithe rahenge, to hume faltu mein tension hota rahega.:(

---

bhai aapne thik kaha hume apni strategy ke baad trade mein stop loss aur take profit laga jar uss trade ko baar baar nahi dekhna chahiye,esse hume tension rahengi..hume hamesha stop loss lagana chahiye apni har ek trade mein..

yes, i leave my trades open even though i have a job and i think the mistake you made was not protecting your trade as this would have cut down your loss instead of wiping out the entire account.

There are any traders who go on front about 5-10 geezer hood with zygotes swap too. And there are whatever who lever with the change fitting for few transactions subsiding for 3-5 pips. So what should we exactly impoverishment to do?