Do we need to watch our open positions to make sure we don't go to loss.

[khanam liza]

hay friends i;m a newbie of forex and i don't know how can stop loss. is there have any option to watch our position . If have then plz share me.

[Arara]

Initially it too, can't leave a trade open, for fear of losing capital. That's what not to do after I was able to take advantage of the Take Profit and Stop Loss. But now I can't use it. I opened and closed the morning trade entered on the day, or at the time of the session before turning. All have to forgo a trade open. But if you pander, mandatory.

[jahangir2812]

Properly when we've got any critical operate being completed their better to make use of the halt decline and also consider benefit in our deal in order that all of us don't get pennyless in the event the current market will go in opposition to each of our course and this i truly do when 'm away from the critical.

[computers]

it is better not to watch always.most of the time it will let us to cut our profit too early.the best setting is to place take profit and stoploss and just leave you position until to see the result.but we can still check it time to time.we may some times have to cancel the trade if there are clear signals of changing trend.

[vijai21]

if we use stop loss and trailing stop then we can go anywhere at open trade time.i think it is not necessary to watch monitor all day.every trader should use trading tools effectively to avoid such kind of situation.

[sadam]

As a good trader, we must have a trading plan and our trading plan must involve our stop loss level and take profit level. After we have done our analysis, we just have to place our stop loss level and our take profit level and that is it we would be good to attend to any other urgent meetings without having to watch our trade.

I strongly agree with your trading plan will always remind us when trading because traders have a trading plan will tend to trade in accordance with the trading plan he had made.

[amero]

Not necessary to any dealer that does Bantapah open position from time to time ..
As long as the merchant has analyzed the market and entry areas are good and strong and has identified is to take profit and also ordered the stop-loss is not is important to follow up on the deal but leaves it better to be up to one of the goals so as not to affect it emotions of fear if the price reflected some of the points on the deal ..

[antosco]

As a good trader, we must have a trading plan and our trading plan must involve our stop loss level and take profit level. After we have done our analysis, we just have to place our stop loss level and our take profit level and that is it we would be good to attend to any other urgent meetings without having to watch our trade.

[boitali06]

Yes definitely we should monitor our turn positions to avoid the chances of viable losses. We don't pair the emerging and we never wanna silty in forex. That's why we pauperization to somebody our eyes on the market interpret.

[william88]

i ever experienced that kind of experience before..
i had margin call,because i havent set the stop loss,and keep it open,and floating..after that experience,i always set my stop loss..to keep it safe..