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

[syarifudin]

well actually I believe it is better if we avoid seeing the charts always after placing our orders on the market.If we keep on staring on the charts then due to fear of loosing the position we may close the position which may in turn into a profitable one. or we may manipulate the tp and sl eventually resulting in loss. i think that if trader if don't set the stop loss they must always watch their open positions to know that if their opsition don't go to loss so trader must use a good money management with stop loss and take profit

[gretan]

You don't need to keep watching your trade every time when ever you open position in forex trade. There is what they call stop loss and take profit in forex trade. If you know how to use it, it will be very helpful for your trade. When ever i place trade i use to set my stop loss and take profit so that, when ever the market hit the stop loss it will close or hit the take profit it will close by itself.

[Shahzad007]

Bohat dafa aisa hota hai hum apni lagayi hoyi trade to watch nahi kar patay ya phir koi or issue ban jata hai to behtar yeh hi hai k hum apnay total balance ko risk me rakhnay k bachaye stop loss use karay. Stop loss is very important for trading.

[saqlain khan]

I don't find a necessity of monitoring our trades always as long as we have a good MM and a stop loss . most traders lose big without using a stop loss , and many beginners tend to avoid it thinking of if the price would just bounce back from there and so . this is not a good idea if you can't watch market for long , or you wanna kill your account yurself .

[kopai]

We do not really need to watch our open trades in Forex, except when we are using the Scalping techniques. In the real sense, A trader should leave their computers after they have opened their trade positions. most traders lose big without using a stop loss , and many beginners tend to avoid it thinking of if the price would just bounce back from there if we have better strategy we dont need to watch market all time

[radjo]

I see that if you keep an eye continuously on the market movement you can understand the market conditions and you will know where a particular pair is taking support. If you put stop loss value then you need not to watch the market continuously.You need to watch the chart at the time when you are going to open trade. But after open traded as you should put stop loss or taked as a profit according to your analyses. After apply this no need to keep eyes on markets !

[maspion]

bai saab ji mare hisab se agar app ek achi trading karna chahte hai tuh app ko pehle es kam mai edcation expert bana chahi aa app ke pass acha forex experience hona chahi aa bai saab tabi aapp es line mai ek achi trading kar sakte hai bai saab jiapp ko euro/usd par trade karni chahi aa bai saab ji jeh ek best pair hai bai saab ji When you went to school, they probably will teach you the traditional way like placing a stop loss based on your money management. That, you will save a great deal or worry. A Forex currency exchange trader does not need to keep watching their open trade, It will do them no good. Whether a trade is in profits or losses, A Forex trader can never control it.

[damaskus]

Yes of course. forex traders ko chahiye ke jab wo koi bhi trade enter karin to wo market ko watch karte rahin k un ke trade loss main ha ya profit main. agar app ko app ka matloba profit mil jae to trade close kar din or agar app ki trade loss main ja rahi ho or market ke wapis ane ki koi umeed na ho to app apni trade loss main hi close kar din. Trader jab trade opne karta hai to usko dekhne de profit nahi milti hai,trader ko market me analysis karni hogi aur trader ko bahut hard work karni hogi agar usko profit earn karni hai to usko apne analysis par viswash bhi rakhni hogi aur jab profit ho jaye to close kar deni chahiye jada ke chakkar me nahi rakhni.

[captainfx]

yes zrur hum chayy tou daikh sakty hain aur sath sath kuch aur pairs ko bhi analyse kar sakty hin k trade kaha sai start krni chayy magar mughy lagta hai k agr jab ap kafi problems mai hn tou ap apni postion mai tp aur sl laga kar closed kar sakty hain system ko apny aur easy ho kar ja sakty hain... yes mein apni trades open rako ga jab tak meri trade plus mein na a jaye aur forex aik best business hai aur is mein aap ko practice karna hota hai aur demo trading bohat helpful hai aur aur demo trading achi hai sab ky liye aur is tarah aap ka experince increase ho ga aur aap achi money make kartay ho aur is business mein aap success hasil kar saktay ho aur yeh best hai.

[average]

Certainly that there is no point in doing it if we had set a stop loss point. Without stop loss no security in leaving open trade. Forex is always as an unpredictable. I have been blowing themselves up two accounts to trade without stop loss and left open. Watching trades if you are in a profit and can not find the exacted as a point gains in forex trading ! I think yes we need to watch the trade sometimes to see the trade go on the track or go against our trade. If we see the trade is in the wrong side then we need to close the trade immediately to stop more loss. We need to be clear on our trade and need to understand the trend too.