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Thread: Use of take profit tool.

  1. #287
    Member get2ilyas is on a distinguished road get2ilyas's Avatar
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    These are very useful tools.i know the important of this tool. I save lot of time my capital.it's very importants for new trader and also to be small account holders traders.These tools involve the directly or indirectly success of the traders.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  2. #286
    Banned The Blessed is on a distinguished road The Blessed's Avatar
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    The reason why we are here in this market is to take profit. The main purpose of take profit is like setting a level where you believe, perhaps with your analysis, that the market will reach. Wheneve the market touches that level it will add profit to your account automatically.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  3. #285
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    Quote Originally Posted by anubhavsingh View Post
    take profit forex ka sabse zaruri tool hai..is tool ke zariye traders apna profit fix kar lete hai aur uske bad chhae wo forex ke samne ho ya na ho..unki deal apne aap hi unke set kiye hue rate pe kat jati hai

    forex me tarders ko isse hamesha use karna chahiye kyunki ye money management ka bahut zaruri hissa mana jata hai
    sahi kaha take profit aur stop loss laga dene ke baad trader koi aur work ya fir kahi aa ya ja bhi sakta hai, main hamesha dono tools ka use karta hoon, lekin main hamesha money management ke hisaab se hi trade karta hoon.
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  4. #284
    Banned heru is on a distinguished road heru's Avatar
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    I use take profit if I haven't a free time to watch the market. Take profit could be a vital risk management strategy it's accustomed lock our profits.Sometimes market changes its direction when hit my tp level.Without tp settings we tend to could even miss the profit that was ours before the modification of market trend.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  5. #283
    Senior Member modo is an unknown quantity at this point modo's Avatar
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    very useful in my view because whenever i analyse the market and make an entry i always use tp to take the profit otherwise you can take dodge by trend reversal. My method is to analyse the market at your best and put tp and sl and forgot that trade. You should manage your account margin

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  6. #282
    Senior Member minoa is on a distinguished road minoa's Avatar
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    Quote Originally Posted by alecander View Post
    take profit may be a terribly useful tool for our particular trade thus that we both avoid greedy nature, where we are able to verify what number pips the target that we both build the trade therefore we use this tool out to limit our profit targets, thus we tidaqk greedy and invariably expected profit therefore we really lost a large amount of profit that we both will as costs reversed course....
    We can use many kind of tools as Take profit e.g, i think nobody in these world that succeeds right away and a winner from the very beginning and it takes time to be a winner, sometime we have to experience a lot of failures before we reached our goals in life and that includes Forex.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  7. #281
    Banned hend is on a distinguished road hend's Avatar
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    yes true, indeed TP and SL are part of trading is very important, because it is the restrictions on our trade. using TP and SL, it will make us better trades and more secure. especially when we can not fully monitor the position we are open. SL and TP is very important to maintain our position, so that no matter where the price moves, we are still safe, if the position we've been using TP and SL.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  8. #280
    Senior Member arsyad is an unknown quantity at this point arsyad's Avatar
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    according to me when ever i place a trade i forever use take profit limit out to take out my profit and sl out to stop my loss. during this manner there is extremely less likelihood of draining account. tp and sl would be the main things to take a powerful average of earning through trading.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  9. #279
    Banned hend is on a distinguished road hend's Avatar
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    I rarely use a take profit. when I have a chance to trade positions I get more profits in accordance with market conditions. when does the market give me a chance to get more profits, then I'll take that chance. but clearly I use stop loss in trading me, because I realize there is always a possibility I could be an error in analyzing and predicting market movements.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. #278
    Senior Member alecander is an unknown quantity at this point alecander's Avatar
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    take profit may be a terribly useful tool for our particular trade thus that we both avoid greedy nature, where we are able to verify what number pips the target that we both build the trade therefore we use this tool out to limit our profit targets, thus we tidaqk greedy and invariably expected profit therefore we really lost a large amount of profit that we both will as costs reversed course....

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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