it sounds good to get the profit from forex business , but it is not so easy we need to get lots of experience and knowledge to manage the profit in this business , it would be good if i can manage it.
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it sounds good to get the profit from forex business , but it is not so easy we need to get lots of experience and knowledge to manage the profit in this business , it would be good if i can manage it.
I will see if the profit was enough for today I will just leave
And leave the trading to the next day
well, after getting profit i will exit the trade or use the stoploss in order to protect my profitable money. and the next day i will trade again and again. thank you.
It's not a good idea the better dolution is when market reach at you target level exit half of your position there and ride the trend with remaining half with will increase your profitablility with ease because the real thing is trend that you already find and now you have to get benifit from that trend.,Quote:
Originally Posted by jans
if my position make profit i did not enter market to another position unless there are good position as i make decide to risk in one position is 1% to get 2% profit so it keep my money from losingQuote:
Originally Posted by arjun
if I managed to get a good profit from here in Forex trading I try to utilize that profit by again investing them with my capital for recovering my loss which I had already made here in Forex trading and when it is recovered then I withdraw my profit from here.
As a trader I have a target to reach and if I able to reach my target then I will close my trade for that day and I will waiting for next day to trade.But if I can't fulfill my demand then I will continue my trading as long as I need time to fulfill it and it is my strategy of making profit and I am dam sure to reach my target.Quote:
Originally Posted by arjun
Just have a risk reward ratio that you can enable you to take on any forex trades for as many trades as we want. No need to quit trading for a while because of some reasons in our forex trades.Quote:
Originally Posted by jans
i will withdraw the profit until i reach my initial investment and then i will do compunding but mainly i try to withdraw For a good trader management like a duty if become a good business then its necessary
During trade? Profit doesn't mean much. Execution of strategy is everything then. Afterward, however, money gain is still much delicious than money lost, agree?