Do you lock your profit in your trades?

[almont]

Yes I lock my profit by using trailing stop, which I have done since the first time forex trading. The use of trailing stops in my opinion as part of good money management. With a trailing stop to minimize possible losses because prices are not moving as we expected, but if prices move according to their expectations, it will not worry if prices will move in the opposite direction once we get a profit. I might be thinking of locking in profits .. but with the system I have, not for the key gains one by one, it's time .. is there anything that can provide scripts to take the profit basket trading system?

[syarifudin]

when I started trading on demos. really I do not even know how to take profit and stop losses. well i studied with the book and then i learned that taking profit is very very important and sure i use it in my trade in my demo using take profit but dont stop losses because i want to test my analytical skills so i do not use stop loss in my demo trading very helpful to increase your profits i will help you to earn lots of buyt money you need to put your stop limiting lighter because some times the trend hits you stop limiting and start getting into further profits so you need to put them right ..

[Pakeeza]

yeah of course its very helpful to increase your profits i will help you to earn a lot of money but you need to place you stop limit correctly because some times the trend hits you stop limit and starts to go into further profits so u need to place them correctly

[javhida]

It is best to lock in big profits in your trade, otherwise you may miss a big step. The best way to lock the trade is to use trailing stop loss or manual stop tracking. When you do this, you will ask the broker to close your position on a certain increase when the price corrects from the initial movement. if you are a long-term investor then it is better to use stop loss and take profit for your order and good money in your account to withhold losses when market goes opposite that is better for long term trader. I also trade for 1 week mostly because that makes a profit without much effort.

[afzalali]

i think that profits can go to certain pips but if the take profit is set then the other pips cannot be your. the profits should be taken being in front of screen.

[sapolang]

Thinking of using take profit is the only way to control your seriousness when trading because you set yourself a goal of saying 30pips and when you reach it,
trading will close a few times you'll know after the trade closes that you'll make more profits and some next time you find that 30pips profit will lose 50pips
if you do not use take profit and it overshadows me several times that my profit turns into a loss
and i get a margin call so TP / SL is very very important to avoid call margin

[forex247]

Profit lock krna ek bhut hi achi chez hai trading me pehle mujhe pta nhi tha isle baare me blkul bhi lekin jb pta lga to ehsas hua ki sach me ye kitna useful tool hai hmare liye atleast isse hmara kuch amount of profit to save ho jata hai aur agr hmare target meet nhi bhi krte to atleast hum loss me to nhi jate

[sagar arain]

The British pound initially tried to rally against the Japanese yen during the week, but as you can see on the chart we ended up struggling at the 150 handle. Because of this, we turned around to form a shooting star on the weekly chart, suggesting that perhaps we are going to continue to see selling pressure. I suspect that short-term rallies will continue to offer selling opportunities

[KHALID6474]

When trading ranges that comprise many hundreds of pips and larger, I believe that it is prudent to employ a strategy that can �lock in profit� along the way as the trade moves in your favor.
If one of your trade go on profit, you can set a stop limit, so that if price try to cross that point, trade will get close with profit.

Imagine one of your trade is in 20 pips profit. If you set stop limit of 10 pips, if your profit reduce and if it come at 10 pips, your trade will close automatically with that profit.
Anyone do this in trading?

[zulfiqar5564]

main pehle tarde lgane se market k up down ko check karte hon 1 day k fram ko lgate huwe pher main apne soch k hesab se tarde lgata hon market ka jaeza lgate huwe pher har tarde par take profit select kar deta hon bahut kam size men lots lgata hon aksar to mujhe take profit he melta hae but kabe kabe mere lgai huwe trade stop loss men chali jate hay to us din main tarde lgana stop kar deta hon tab mujhe malm hota he k aj mujhe loss he hona hay to main mazeed market ko dekhta rehta hon jese mujhe profit wala signal melta hae to main bena stop loss k tarde lga deta hon apna loss conver karne k lye is trah se mere tarde men profit men chale jate he

trader understand the market up down in good time frames daily and trader work in trading their low lot volume trading and trader use stops and trader work safe and trader use good trading signals in trading and trader cover the losses and trader earn good profit with good use of time frames and follow the clear market direction