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

[silenteyes]

I am not a person who will use trailing stop and I will prefer to put stop loss in my trading. At the moment I am using only take profit and not even using stop loss in my trading and the results are amazingly great and I will be using no stop loss strategy in my future trading.

[mahmudi]

honestly if I was you I would do traling stop or profit mengungci already but if not I will give profit to menimalkan a stop loss risk so when we open our terminal and the transaction is kina close in position to touch our SL will not be much to lose our money

[darksaimon]

if you dependent on candle joystick path then you essential virtuous analysis of the industry and also timekeeper the afford positions and if you are angelical in your psychotherapy and then put stop disadvantage and have benefit and do your work and then see after what happened with your exchange.

[Nabi Ahmed Gill]

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?

main jub be apan order data hoon us sa pahala main full analysis karata hoon or main pahala market ka baraa main janta hoon us ka bad main apna order data hoon phar main profit gain karta hoon agr market mara aginst jatai ha to pahr main apna order ko colesed nahi karta hoon jub tak main profit main in aya jooon.

[silenteyes]

i don't think we should stay in front of the charts for long time to know if we are going in the right way or not
and this is the value of take profit and stop loss options
they can help us to close the deal automatically
so we don't have to watch it all the time because this will change nothing

The newbies will do it as they are not sure where the price will go and the rarely use take profit and stop loss. This is a mistake and it should be avoided as you will get emotional if keep looking at your positions.

[netra]

If you do not place stop loss to your trades then you do need to watch your open trades and you can not relax as well. it is always better to place stop loss and take profits to your trades and you can relax and not have to bother watching or monitoring your trades for hours .

[netra]

ya, its important to constantly monitor the open trades and news which may affect it.

And a very important thing is to define the targets of the open trades else MC may happen as you have cited.

[sumonmia0526]

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?

there is a magical setting option called stop loss and take profit man .u must set the SL when u are not in front of computer ..do u think is this possible to keep on eye every second if u hold that trade for long term period?

[sunil]

New traders think that this is neccassay but for a professional traders its not neccessary because at the time of entry that use stop loss and take profit just to take profit and to protect their account from bigger losses. So after applying TP and ST they confidently leave their trading terminal.

[sidhu]

I don't find a necessity of monitoring our trades always as long as we have a good MM and a stop loss . most traders lose big without using a stop loss , 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 .