I have a query, if i open a trade and dont close it, will it be closed by broker automatically after some time. Or i can keep it open for unlimited time this is if i have enough margin left in my a/c?
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I have a query, if i open a trade and dont close it, will it be closed by broker automatically after some time. Or i can keep it open for unlimited time this is if i have enough margin left in my a/c?
There is no exact rule about how long I can keep my order in open position because I always prepared Stop Loss to limit my losses
in a transaction and I setted Target Profit everyday. I will leave the order in open position until TP or SL is hitted so there is no need
to worry about my margin.
Quote:
Originally Posted by assi
Yes, the deals will float until you close it. May be i am wrong. Swap is in two types, if we buy then the swap shows positive value and if we sell then the swap shows negative value. But, swap is very small. We can able to get in it in a pips. Don't let the deal float for long time, try to find the entry point.
its depend on you. you just open your trade and put proper stop loss and take profit.
wait for hitting stop loss or take profit value.
if you are scalper trader than you can wait for one week if you are long trader than no need to close manually.
but if you see a strong news that move market opposite to your trade than you can close your trade manually.
For keeping a trade open we must have sufficient balance so that we don't get a margin call then there is no time limit for which we can open a position. I have kept my positions opened for as much time as 2 months.
Still you have enough equity in your account , your trade can be open .
If you are playing on small volume and your account is not swap free then you might not
get much profit with leaving the trade open for many days.
You can leave your trade open for as long as you wish to. It is continues to remain in profit then the trade will keep running. However, you should also consider if you are on a swap account or a swap free account. Position traders leave their trades to run for up to one year.Quote:
Originally Posted by yogesh
If you open your position it will remain opened until the margin call. It do not closed automatically by broker. So keep your margin high if you want to trade long term.
Meray kehayl sy yeh kehna munasib nahi hoga k ap kitni dyr tak apni trade open rakh sakty ho ku k hameen take profit and stoop loss lagany sy hmari investment save rehti hy or like insurance ke tarha feel hota hy k ham secure ho jaty hen meray kehyal sy yeh kehna bohat mushkiil hy.
You do very well because we are here to get some profit not to do the long term trading so getting profit in small chunks is so good instead of waiting for a bigger profit for many days or weeks. I also do the same, open a trade and close it for 10-15 pips but I always use small lots to save my account.Quote:
Originally Posted by frozz
Hello,
you can hold up unlimited time your order. But there will be rollover costs from the broker to hold an order overnight. Thats the swap costs. They were differ from currency pair to currency pair and at a time their are positve and might be also negative. Thats a question if you open a sell oder buy trade and hold him overnight or more than 24 hours.
So the only thing is when you get a margin call there will all positions closed by the broker.
ya it is true you just make sl or tp and wait for hit and also if make strong news then you can close manually for your decides.Quote:
Originally Posted by s19
Yes, you can keep your position open for even some months. If you have not have enough margin, then you will got stop out. Broker doesn't do anything with your deals. Deals are fully controlled by your traders password only. You know, swing traders make the deals to float for months. There is no problem in this.Quote:
Originally Posted by yogesh
It is depending on each trader to keep in open position because different style in trading will be different too.
I think you must use good money management to keep your account in safe place while it was open. About how
long the position in floating, it will depend on your analysis and your money management. It is possible if you closed
it directly or you used Stop Loss.
You can leave a position you have open in a long time, certainly if you trade long term ..
but for traders daily, they will try to finish one position up in 1 day ..
I think all the decisions that we do will certainly have good reason ..
no matter how long you will open your trading margin as long as you still will not be closed by the broker.Quote:
Originally Posted by yogesh
margin but if you run out then you will automatically be terminated by the broker.
but maybe if you open a trade in a few days there will be costs swap
You can open your any trade until you account has not been nil. Broker don’t close you trade in instaforex but I suggest to you close you all trades when you to sleelp.
in trading we should have a good plan about what we will do.Quote:
Originally Posted by muhammadatif
if we use good money management, of course we can use the sl and tp in each transaction.
and it is the limit for us to close the position that we do.
If you never did that so you should consider to use it in your transaction because you must have risk management to limit riskQuote:
Originally Posted by argarksky
of loss in each transaction. If you didn't use stop loss and take profit, that will be too risky to leave your order in open position.
It's better to cut loss or cut profit it if you don't have SL and TP point.
this is right when the open positions we have not touched one of the targets we had dared to close it manually and but if you see a strong news that move market opposite to your trade than you can close your trade manually.
I also think so, broker have no reason to close our trades if we have enough balance and our trade did not hit the preset target or either the stop loss if we have set any.Quote:
Originally Posted by realfun07
Of the basics that must be adhered to before entering into any deal to put a stop loss and target you for the case of hand-lock does not work, but may harm your account terminated altogether if it was lost or kindly light so I'm better determine stop loss and target of the deal
Trades can be opened even for 3 months, it depends on the amount of target that a trader has in their trading. Long term traders are the major traders that uses it a a way to trade. You can leave as long as you like depending on strategy.
Yes, when you open your trade first of all to see your balance and then set your strategy how i can play and stay long time in the market other wise you will suffer a big loss and your market trade is also closed.
as long as your margin is good to hold the floating minus and not get MC, your order will still run for longer time..and then why you did not close your order if it have already gotten the profit?
A broker never close your trade if you have enough balance.you can open a trade and close
the trade of your own.
That's a strange question. There is no limit in time that you can keep your trade open. There are many traders that keep their trades open for months. But mostly do that in gold, silver or oil because in currencies the price fluctuates from lower to higher value in more frequent ratio.
Yes, if the position is in profit then it cannot be closed automatically unless you had place a take profit. But in loss it will close automatically when you account gets a margin call.
You can keep your trade running for as long as you like as long as you have not been stopped out. If your trade is in floating plus then it can run for as long as it is open. If the trade is in floating minus, then the broker might close it when it gets to the point of a margin call.
Meray kehayl sy yeh kehna munasib nahi hoga k ap kitni dyr tak apni trade open rakh sakty ho ku k hameen take profit and stoop loss lagany sy hmari investment save rehti hy or like insurance ke tarha feel hota hy k ham secure ho jaty hen meray kehyal sy yeh kehna bohat mushkiil hy.
If you open your position it will remain opened until the margin call. It do not closed automatically by broker. So keep your margin high if you want to trade long term.
After the balance is low in account we will not be able to perform any trade but i guess here we are discussing about the trade that is already open and till how long we can keep it open.
You can open your any trade until you account has not been nil. Broker don’t close you trade in instaforex but I suggest to you close you all trades when you to sleelp.
hello friends
if you get profit in your trade then close it.keeping the trade in open position depends upon the situation of your trading.otherwise if you find the market movement infavourable for you then put stop loss in correct position
I think you'll be safe broker will not close your trade
You can't keep you trade for a long time because it will be automatically closed sooner or later by your broker. I don't prefer keeping your trade open unless you are well acknowledged with it. If you are experienced then carry on.
Thanks
The kind of trading strategy that we have in forex exchange trading is what can determine closely the kind of time that we can leave our trades opened in forex exchange trading. Scalpers close their trades in less than 1 minute and position traders can leave their trades open for up to 3 months.
Any strategy that we use, whether it scalper, all have a purpose to gain an advantage, for that we need to master the fine system we use a consistent way to learn and practiceQuote:
Originally Posted by ishvara
I think it depends on the situation as well. If we declare a long-term analysis there are profitable opportunities, I will not close the position on that day, although I have to go to sleep. I let in a floating state. Usually, my profit target untouched the next day.Quote:
Originally Posted by anurag
Trade open or closs time depends on your strategy time. If you use stop loss and taking profit and wait for your hitting point if you are scalper you open a trade for a short period and close trade with small profit. its all about you