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

[dafi]

well in fact in forex trading I do think if you have made or your operations conducted with the implementation of stop loss and take profits then Yes you need to watch your trades open at all times so you do not lose and if both tools are in place, then you don 'not have to worry about anything.

[ity]

yes dear bro, in fact I strongly do believe that if I had already opened the position, then I try to always watching chart. but, if forced to leave the position, try to always put the stop loss. thus, we can be more calm. in our minds, even if the loss, already know how many dollars of our money will be reduced.

[kashif0]

dear friends i always believe 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.........thanks

[sino]

well dear I think there is no double that we need monitor it even you had set the stop loss or set take profit for every single trade we open. It is recommended to do that 1-3 times per day if needed.

[gin]

well in fact in forex trading I do think it is not needed because we can use stop loss or trailing stop at our every trade and we should know the use of this tools in trading. Traders need to understand the trend and have to trade with the trend and should use stop loss at every trade.

[dafi]

yes, of course I think its very true that there are some traders who go on fore about 7-8 years with single trade too. And there are some who stick with the trade just for few minutes settlin this is not a good idea if you can't watch market for long or you wanna kill your account yurself .

[Blast]

During the early days of forex trading, it was necessary to stay online and watch open trades in order to close them in profits or losses. But now with the invention of stop loss and take profit facilities on various platforms, that is no longer necessary.

[sarim zia]

If your are opening a deal of such a pair that is risky then of course you should watch your opened to make sure that you are not geting loss or in bad condition on other hand due to wathing the movement of market by now and then you can understand the situation mean the current situation of trading market...

[mahi218]

trading me her badnay k he apnay views hoty hain aur apnay he kam karnay ka andaz hoty hain aur jb b koi trader trading karta hai to us ko sub say pehlay khyal yehi hota hai k kya us ki ye trade kamyab ho ge ya profit acha hasil kar pae ge hamesha ek darr sa he rehta hai jiss ko nikal dena chahye.

[aliwaqar2002]

Ek achay aur kamyab trader ki yehi nishani hai k wo har waqat apne trade k pe nazar Rakhta hai agar ap ESA nahi kro ge to ap k trade main Bohot barray loss ka samna bhi krna parr sakta hai.