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agar app apne trade laga ka baad stop loss aur take profit bhe laga dy tay trend ko dakta howa tu app ko apne trade say jada loss nahe hota agar app kese kam say bhar jara ho tu trade bhe chal rahe ho st aru tp zaror laga dy
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I think if you are trading you need to watch all your positions. Sometimes they go into loss, sometimes you get profit from them. This should be all part of your trading plan and you should not have to worry about it.
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Some traders who go on fore about 5-10 years with single trade too. And there are some who stick with the trade just for few minutes settling for 10-15 pips this is not a good idea if you can't watch market for long , or you wanna kill your account yourself.
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If the traders are scalping, then they need to watch for their opened positions so that they could close the positions as soon as it comes to the profit. But if the traders have taken long term trades or for intra day trading there is no need for continuous watching.
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You have to surely watch the market for your own benefit. If you do not watch the open trades than it will not give you the desired result. If a trader has no time to watch the open trades then he/she can use stop loss and take profit for closing a trade automatically.
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Very easy way to not losing your capital is to determine the stop loss at a certain point you will lose a small portion of your capital and maintain a balance of work at Forex without stop loss is very serious in a minute price will reflect on you and probably run away a lot of points.
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dear when you had good knowledge and the experience about this business trading system that you can handle every side of this business than you can analysis the market trend well than you will be successful in this trading business without experience and without proper knowledge about this trading business you're cannot analysis the market
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ya as i am a newbie i don't have that much experiance to give advice . mai manta hu ki humai always open position dekhna padaiga kyu ki forex mai bahut jaldi trend change hojata hai aur pata bhi nahi chalta . as i have observed ki hamesha open position pai nazar rakhni chahiye
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G haan bilkul.agar hum apni open trades pay nazar rakhty hain to hum achi earning lay sakty hain or big loss say bach sakty hain.hum agar screen kay samny nahin hain to hum tp,sl,pending order or trailing stop jessy tools ki maddad say bhi trading kar sakty hain.
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no, all you need todo after making open position is put taking profit point and stop loss point, with that two point you can trade by save because if you loss it on your range and if it profit it will close automatic by taking profit point
but remember to put tp point by reasonable point
