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To watch market while trading is good cause of it we can close our open position any time when we get it inot profit. It helps to improve our knowledge and experience about market trend.
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of course it is very important for us to see our open position when we are trading seriously in forex market, I think we could use Stop Loss or hedging strategy to limit loss and to reduce losses in one transaction. But it's important to keep on watching our open position if it was possible.
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bhai aapko iss field mein apni trade ko dekhte rehna zarori hai mein toh yeh kahunga ki forex trading mein se paisa kamana koi asaan baat nahi hai mein toh hamesha iss field mein koshish rakhta hoon ki bhai ismein jitna time apni trades ko deinge bhai utna zyada apko pata chalega bhai aur sahi time pe bhi aab apni trade ko close kar sakeinge warna aaya hua profit bhi chala jayega.
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Well i think your time management is totally wrong as you know that forex trading is 24hours available a day so first of all select your specific time that in this time your free then start trading so i think its your mistake therefore you loss your complete money.and there is also another option of stoploss and take profit so you can also use this option.
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I don't uncover a need of following our exchanges dependably provided that we have a great Mm and a stop loss . most merchants lose enormous without utilizing a stop loss , and numerous apprentices have a tendency to maintain a strategic distance from it considering if the cost might only skip back from that point along these lines . this is not a great thought in the event that you can't watch showcase for long , or you wanna slaughter your record yourself .
Don't Forget to say Thanks :)
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Watch our open positions all days will makes us tired, i think we dont need to do that. We just need to trade with stop loss only if we dont want to get much losses, if we dont have time to watch our open positions all the times
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i don,t find a necessity of monitoring our trades always as long term as we have a good mm and stop loss.mostley peoples r loose their big amount . and many new traders tend to avoid it thinking of it the price would just bounce back from there and so'u must concider market up and down oterwise u will kill yours amount yourself
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forex trading me hame bohat saray aise tools or feature milte hain jin ko agr ham sahi tarha se use karen to hame profit bi hota hai or agr loss ho raha ho to ham us loss ko control bi kar sakte hain, is liye jab kabi bi ap trading karen to every trade ke sath ap stop loss or take profit ka lazmi use karen kyun agr ham kisi zaruri kam se bahir jate hain to hamry trade save rehti hai.
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that we must understand and we must understand how the business that we have to do is we are waiting for a good opportunity to start a trade or to gain an advantage which we should be observant and careful in analyzing the market
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I don't find a requirement of tracking our deals always provided that we have a excellent MM and a stop-loss . most investors reduce big without using a stop-loss , and many newbies usually prevent it considering if the price would just recovery from there and so . this is not a wise decision if you can't observe industry for lengthy , or you want to destroy your consideration yourself .
