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

[chada856]

I wanna to say that the traders who go on for a 5 - 10 years for as a single trades ? Are you sure you know what you are talking about. It is a huge time and no trader would do any such trade where he needs to wait for so many years for result . Think before you write something maters really !

[ahmedbhutto]

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 .

[aries32]

bilkul hum ko apni trade ko watch krna chahiye ager hum stop loss use kre aur take profit to phir bhi watch krni ho gi kiyu k some time position open krtey hi trend change ho jata hai aur trade loss mai jati hai us time watch kr k hum ko koi decision lena hota hai.

[malhism1]

dear friend i think is that loss is the part of any business so i also think is that if you want to do trading it is sure that you get profit and loss both ting so never do try to get profit at every time its my luck whether we gve profit or loss

[ashvi]

Until and unless the trader is scalping with very bigger lot size, there is absolutely no need for the traders to just keep watching the trades, as our eyes will not change the market direction according to our trades. Thus, the traders should make sure to use the stop loss at right level.

[monitor2]

Absolutely we have to keep an eye on our own available opportunities in order to avoid the probability of achievable loss. We all do not know the long run and also we all by no means wanna reduce inside Forex trading. That is why we must have got our own face in the marketplace graph and or chart.

[leopardfx]

Maybe if we are a scalper we must always look at our open positions because we targeting the profit in a short time, but in other condition maybe for day trading or swing trading etc, I think we can use the stop loss and take profit tool, so we do not always looking at the chart.

[mamabagena]

Of course I have known that who are analysis to the market and they are earning more money by trade from in this market. I think that there are loss prat is very big so there are loss more traders everyday.Therefore everyone traders for need when we are open the market then we are be ready to watch market position as soon as trade altogether trading in this market.

[dintera]

I forgot to close my trade and very next day I did not get any chance to view my trade. And later when I got to my trade all my money was gone. If I had been there keeping constant eye upon the trade, perhaps I will not be broke. So what do you all do? When you have to go for any urgent jobs, would you leave the trade open?

I believe that one of the reason why we need to apply a proper money management system in our trades is basically to protect our capital being wiped out due to bad trades. Because the losing trades are unavoidable, we should adopt a good risk and money management so that we can still stay longer in the market. It is very risky to have an open position without proper stop loss order and it is too dangerous to ride on the losing trades hoping that the market will come back to their favor. But more often we can see our account being blown out due to margin call. We can leave our terminal at any time we like without any worry because our open positions are being taken care by the money management system we have applied.

[janubi]

jab hmari trade open ho then hmay us main trading ko watch kerty rehna chahea kio k ap kis bhi time usko profit main convert ker sakty ho but ap us main sara din nahi baith sakty is lea open trade ko stop loss or take profit lga ker ap us main relax ho sakty ho is sy ap apna capital bhi save ker lo gy or is main apny target ko bhi hit ker lo gy