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

[ayakcalysta]

i usually do not watch the market for the whole day. instead of that i use stop loss and take profit. i keep watching the market for couple of hours after the opening position. then i identify the direction of trend and put TP and SL levels. this is the bast way to secure our accounts.

thanks for the strategy that you provided, I am a novice trader feels that the strategy that you provide is very useful for the novice trader, especially for me. therefore I hope you and the senior trader would give a better strategy so that I and the novice trader can get a valuable lesson for me to apply in the forex business.

[deep]

Yes, I always am following the deal Mufnouhh moment by moment because Soukq Forex possible to move dozens of points in seconds, or change direction and become a profit loss suddenly must follow the open positions, but of course, deals, short term, which lasts for a few minutes or an hour for example, but the deals that last for days impossible Mtbatha

[kiran]

Traders who go on for 5 - 10 years for a single trade ? 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 mate .

[raka999]

for the day trader, saw the position is a liability. because the targets are set is not large, so it's very risky if you do not always keep an eye on. for me, always in control, you can anticipate when an emergency occurs. you can prepare a strategy to anticipate quickly.

[Anuruddha]

It is important to be aware of market movements in forex trading. In order to be aware trader should more often visit to trading account and identify the possible threats. For that more consistent monitoring will be adequate rather than more constant.

[didikebenaran]

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.

If you are not able to see how you perform your trades open then I think it is better to close our trade with a stop loss so that the installation would be better in the trade do not have to worry

[Nusrat]

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.

[boniez]

I think a huge waste of time if you have always looked chart, because maybe we could just do something else that is much more profitable, such as we are active in this forum

[dharampal]

i dont think every time you should on your pc to watch what happening in market better use stop loss or take profit tools for getting profit.most of time on pc its very difficult to every one.people always use stop loss and take profit and due to these special tools they earn profit and away from big loss.

[nobby]

Sometimes we need to watch our trades and also watch the market too for any new developments. Using stop loss is good but when you are aware that the trade can turn very bad, it is always better to close it and you can only do that when you are watching the trade.