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

[wnhw99]

yes its very important to keep saying your trade because there are many ups and downs in the market...if you can't sit in front of the market so you have to set stop loss and take profit in your trade to avoid wash out your trade

[kurniawan]

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?

use smart risk management, thus you have got free margin is abundant larger when compared to actually the margin you use to open a trading position. don't ever leave the positioning of floating minus before you can positive that the worth movement has begun to maneuver closer within your floating minus position, and also the results of your respective analysis, too. or ought to closed or open position hedging trade.

[naveed26]

yes nice thread is me ye he ke mere khyal se is me market ki movement yani ups and downs ku daykhna hota ha bas oqat ap understant hotay hu or as oqat nae jab ap samju ke market ki range well ha so phir easy se profitable trading hu sakte ha.

[merlag]

I don't recommande to do that for long time position or emotive person, you should forget your trade when it is opened, you should put your stop lost and take profit, to avoid panic.

[vapul]

i know that we should always try to manage the market for well way of tradings so that we should not lose the money in this market. if we will buy the market for well tradings then we will be more happy from the market.

[dareking]

if u dont want to keep an eye over your positions then u can set tp and sl bcoz then the trade doesn't needs to be watched as it will close itself

haan bhai agar hum jayda time monitoring nahi kar sakte hai, to fir hum apni trade mein stop loss aur take profit laga kar chor sakte hai, lekin agar monitoring kar rahe hai, to bhala TP ka use na kare, lekin SL jaruri hota hai.

[fxblack]

if u dont want to keep an eye over your positions then u can set tp and sl bcoz then the trade doesn't needs to be watched as it will close itself

[nirpolash]

I don't think so because when we open positions then we can't do anything if the position starts going into loss because if we don't have the decision power that when we have to close a trade in loss then it is useless to sit in front of the trading screen to watch the position is going into loss. We must put SL and TP at the time of opening a position and should avoid opening a position without analysis.

[razia86]

if we put stop loss value then no need to watch the market continue..we dont know where will market move in upcoming time. we need to watch the chart at the time when we are going to open trade...its my opinion

[Muhammad Hanif]

Not necessary, just set your trades and set the stop loss and take profit and just forget about it. Be strong and keep good hope.