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

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    Member leherchand is an unknown quantity at this point leherchand's Avatar
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    If it is possible then trader should see this but many times we cannot do it for this reason we can use stop loss and take profit then we can close the platform and i think trader is not necessary to see the trade all time because that time stop loss and take profit will the account.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member dmambi is a jewel in the rough dmambi is a jewel in the rough dmambi is a jewel in the rough dmambi's Avatar
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    In Forex trading one can set the take profit and stop loss settings and still walk away from the trading terminal to do other works and later returned to the terminal to check the result at any time. This makes sure that the amount of profit and loss is fixed no matter how the market moves. so people should make use of the tools available effectively to make the trading comfortable.
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    Member ronin is an unknown quantity at this point ronin's Avatar
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    although I'm not in the affairs of importance, I will leave that position is still open, because if it continues to be in front of my monitor will only be sloppy. for that I always use a take profit to keep my profit. so next time you put take profit and stop losses before you leave the chart.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Member dragon is an unknown quantity at this point dragon's Avatar
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    If I made wrong analysis, it will be useless although I watched my open position so it's better to set SL to limit losses.
    But if it's possible to cut loss so it's good to cut it loss. It's easier using stop loss than cut it loss manually. Keep on watching
    won't change anything except if you found better condition to do averaging or martiangle.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by promy View Post
    I think we need to watch our open positions to make sure we don't go to loss. It is one of the way to gain the success in the forex trading business.
    to make sure irder position if our analysis is really good, and make sure we are going away from the loss. and this means we are very important to trade with caution because of trading if not careful and do kesalahn seidikit will definitely be bad.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Junior Member promy is an unknown quantity at this point promy's Avatar
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    I think we need to watch our open positions to make sure we don't go to loss. It is one of the way to gain the success in the forex trading business.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member abdulahi is an unknown quantity at this point abdulahi's Avatar
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    to me i think someone need to watch our open positions wash your are make your analyzes well my most trade is pending order so wash i do my analyzes well i place entry order my take profit in right place and stop loss

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by jami143 View Post
    the first step for the trader and the second step is to make the practice on the demo account after it they must need to try to make some good control of the emotion that they have
    with serious learning in a demo account will make us more able in the real trading account even though not real, but we should be, trained to control emotions well we can do it in real

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    You can keep your eye on the ongoing trade to check the profit or loss and can close the trade as your wish...
    But if you want to keep your trade running and if you get an urgent job to face then I will suggest you to set the TP and SL options before starting any trade...
    It will help you not to loose after a certain point...

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. #200
    Banned gandha will become famous soon enough gandha's Avatar
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    if you scalper type i think yes,because scalper just take small take profit and make order more than once,but if you longterm type i thing its no proble just setting your take profit and stoplose,after that check your result of your order,green or red

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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