After how many pips you open 2nd deal in same direction.

[boyman]

If the position does not work very well close to it, for open positions, waiting for a good signal. Can be how the market movements in your favor, yet we all need not become positioned on the trade in a hurry.They should analysis market first trader should watch fundamental news. If trader fill confident then trader should open another deal.

[raka999]

I guess, I will not be greedy. I do not like averaging .. I just open a position only once. if I was floating profit position, I do not open new positions again. I am more comfortable if I put a trailing stop manually, to reduce the risk ..

[mediafxx]

A trend based Forex strategy will need to be able to identify the trend early in order to earn the highest level of profits from its trading. Such a system can generate several false starts and be stopped out several times but it will eventually catch a trend! Once this strategy identifies a solid position it will then look to increase its positions in order to reap the maximum level of profits from the trend. This is how I believe Forex Growth Bot works from the trading record it posted on its website.

Trading strategy with money management by practicing on a demo account transaction analysis and trading experience, it is not risk to use the long-term accuracy of money management and analysis of forex trading movement

[blackjack]

It depends on your free balance. If you have enough free balance in your account, then you can open as much deals you want. But according to experienced forex traders, its not advisable to open two deals having minimum 100 pip difference. You can not predict the direction of market within few pip difference. So you have to wait for few hours to open deals of same currency in same direction

[humtum1by1]

main kabhi bhi risk nhi leta aor mn ne kabhi bhi same direction mn 2nd deal open nhi ki. Actually main jis strategie pe kam krta hn us main mughe aik side pe ak hi deal krni parti hy.

[m2ndsrokk]

maybe you thats your mean is averaging....i think better to chosse to multiply our lot 2 times higher than the last order so that we can choose our last open order as our stop loss...so that we would not loss anything in our trading,,,but we get more higher if the trend follow us...

[edywaluyo]

after the close of the first open position, I usually wait for the next candle open, because there is usually the price will be more visible if it will continue or reverse direction, if the price after we get no more than the previous price then we must immediately close the open position. because usually the price will reverse direction

[nirob76]

A trend based Forex strategy will need to be able to identify the trend early in order to earn the highest level of profits from its trading. Such a system can generate several false starts and be stopped out several times but it will eventually catch a trend! Once this strategy identifies a solid position it will then look to increase its positions in order to reap the maximum level of profits from the trend. This is how I believe Forex Growth Bot works from the trading record it posted on its website.

[ken arok]

if the daily profit target is reached, I will stop trading on that day, I do not want to be greedy. price movement up or down is caused by supply and demand, you know the law of supply and demand, if the demand is greater then the price will go up, and if the supply is larger, then the price will go down

[rajesh333]

well before u enter the market first u see the stop loose , if its come with your money management, just go for trade and wait to get the profit, make always 20 pips 1 st take profit, the book the half lot and put the stop loose on the entry point and put the take profit for other 40 pips, its not wise to go when the trade is going to opposite direction u may open the other one , the stop loose is always tell that u went to the wrong way, just wait for the formation of the candle and the try to go with the other trade, just stay on the higher time frame and wait for the formation of the trade