Most currency traders start out looking for a way to get out of debt, or to make easy money. It is common for forex marketing to encourage you to trade large lot sizes and trade highly leveraged to generate large returns on a small amount of initial capital.
If we know how to use take profit and stop loss while trading then it is not important to watch our trades constantly.We can do other things after placing trades.If we don't use them then we definitely need to watch our open positions constantly as Forex market is very liquid and volatile.
I see that If our analysis is not grat and the traded is a wrong or bad and if stop loss is in place it will also close the traded as an automatically and we need not monitored ours as a trades.It is only when there is no stop loss in place monitoring is required really !!
mere khayal sai kafi trade aysay hain k jou is cheeze par zadyah dehan nahe rakh sakty aur agar rakh mai sakty hin tou bhea us trade ki asani k leyay TP aur SL ka use karty hain yai sab si achea opportunity hain hum sab k leyay in ki waja sa humara ballance bhea save rah jata hai...
yes it's always preferable to watch your position while they are still open because market can reverses it's direction any time but if you have good strategy then you just put take profit and stop loss to make your trade automatic.
it really is because of feelings and cannot manage our own feelings this is why all of us usually would like notice our own industry over and over plus some period all of us near this earlier along with little revenue and may not really generate great revenue.
Absolutely right! We can just set our stop and our target then we can go somewhere to do another enjoyable activities. Better if we just use
our other time to do something else to help us have less tension mind and mood. Do never bother your selves to starring at your screen
everytimes or else you will be much stressful.
in the forex trading market, traders should want to watch open position in the trading market. if the traders can understand more in the trading market, they can earn more. traders will not loss in the trading market.
Brother, if you are a trader then you should keep this thing in your mind that never leave an order open if you are not sure about market, and if you are leaving market then whether to set stop loss or close the order.Quote:
Originally Posted by Jazpa
bhai forex mai asi gaflt nahi karni chaheay aur hmai apni trade open karny k baad iss ko poori twajoo se watch karnaa chaheay aur agar hamai bahir koi emergency kaam se jana bhi ho to hmai chaheay k hum apni trade ko close kar dai yaa phr SL aur TP set kar deny chaheay