If you managed to get a profit?

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Originally Posted by bhanu

Yes I have taken lot of positions and many of them remained successful and earned profit. But it does not mean that all positions remained successful. There are some also positions that failed to earn profit and give me losses.

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yes in the business, exactly there are a profit and loss, we must manage them,

we can manage profits by maximizing earnings and also manage losses by minimizing the risk to be faced in any transaction, do not just think about profit and ignore the risk, because if we can manage risk then certainly we can manage profit with properly

I never agree to re-invest all of the profit rather i suggest to withdraw a % of profit. Then if you consistently withdraw a amount after awhile you will see all your invested amount already in your hand.

if I lose, I usually stop for a moment. because it already makes the mind is not good. after that i just attempting to justify my fault that time. to be more careful so as not to happen again.

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Originally Posted by alwi

depending on the account which we use when we do use compounding account then we will not make a withdrawal, but if we use a special account for the attraction then when we profit, we will pull

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i agree alwi , every bit of profit compounds the account balance so we can earn more profits the next time, it is a good idea to keep some minimum percentage of profits in the account to compound it and withdraw the remaining percentage as money in bank so we can pay some bills

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Originally Posted by assi

thats all the case about your predictions and if your predictions are correct then i think you can get more profitable trades and if you are lose in your predictions then your some trades will be profitable and some will be non profitable.

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i believe one should never try to predict or forecast the future in the forex markets as each one is out there to trade against each other and earn some profits and if everyone's predictions started coming true then there will be no loosers in forex, instead i believe we should work to follow the goat's trail and trend strength, what do you say bro ?

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Originally Posted by sachin

exactly correct . i also think when you reach the daily target then its better to stop trading that day because whenever we enter the trade we are taking the risk. before many time in this way to go for more trade i lost of my profit and even loss also.

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loss is a risk that often occur. profit management we use to find a good point of trade, consistent daily profit is expected, because of this for the long-term profit goals. and I think management is an obligation,

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Originally Posted by arjun

Usually people ask, what do you do if you have a loss?
but rarely ask, what do you do if a position that you attach successfully profit?
whether you will do the evaluation,
whether you will stop trading for the day,
whether you will immediately do wd.
please for your experience..

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ager main ek acha profit gain karoun ga to phr main us ko foran withdraw karwa loun ga apni money manegement ka khiyal rakhtey hoye kioun yaha jitni bhi large money ho woh trader ko high risk lene par majboor kar deti ha

i think we should trade in daily target basis..afterward reaching desire level we should withdrar...i also do the same..and we should keep some capital reserve for future ,,,if we get loss then it can help

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Originally Posted by kamla

i think we should trade in daily target basis..afterward reaching desire level we should withdrar...i also do the same..and we should keep some capital reserve for future ,,,if we get loss then it can help

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Withdrawing the profit from your account daily basis does not look good, instead you can withdraw every month end or week end, so that you will be having a clear picture of your activity over a period.

If the position is still run, then I will protect some profit, make sur I am in profit, then my money will not lose, and now, I have money for others tradings now according to my money management, I will seek other opportunity for trading. If you ask what will I do when I have made money, I will do the same thing, but normally I will let my profit to do more tradings, and it is better to keep the original capital.