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

[sguha]

Mujhe lagte hai ke forex trading karne ki liye ak trader ko har time hi apne trded ki position ko dekh ke hi chalna parte hai kuk is se ham trader ko acche traded ko samajh ne me asani hoti hai , or loss ki bhi chance kam hoti hai .

[msnali]

i dont think so i have i view that you take postion very seriusly and after knowing the fundamentals and tchnicals and once you take position you are advised not only from me but also from the gru of this market to stay away and use tp and sl

[abvisuba]

I dont think watching the open opsition is a good idea.We need to do right analysis and put the stop loss and take profit correctly.The right way to put sl and tp is by using support and resistance.Watching the opened position will be stressfull as market goes up and down all the time it is possible will do the mistake because of stress.so let it be let the market hit the sl or tp.

[ramesh.maurya]

Dear jaha tak mera sochna hai ki mai apne trade ko open hi rkhta hu close nahi karta hu balki us trade per take profit level laga kar rkhta hu jisse ki mujhe koi tention nahi hoti aur market ke us level per jane se mera trade ho jata hai aur mai es tarh se apna profit booking karta hu.

[professor.forex]

think as long as the forum is always to look for new and offer ideas to the members shall be deemed that the success achieved by the Forum and the large number of members and participate in the forum this a sign of success and you do not need to confirm success...

[kingsjee]

G han agar ap apni trades me stop loss use nahi karte hain to ap ko apni trades pe nazar rakhi chaiye kyun ke stop loss ke na hone ki wajah se ap ko big loss bhi ho sakta hai.

[fxmoney]

It is very much important that we must have to look for our trade that it is in the loss or profit so that we can make some changes in our trading to avoid unnecessary loss or to lock some amount of profit.

[d5358]

I don't find a necessity of monitoring our trades always as long as we have a good MM and a stop loss.if we use proper sl & tp then we can go anywhere at open trade time.
we should monitor our open positions to avoid the chances of possible losses.

[upiter9999]

When I have the time to analyze and I open position, I would not have to always look at it because I have to use account management and risk management and I can participate in forum post while trading and open positions

[Samsegmayo]

You don't need to keep watching your trade every time when ever you open position in forex trade. There is what they call stop loss and take profit in forex trade. If you know how to use it, it will be very helpful for your trade. When ever i place trade i use to set my stop loss and take profit so that, when ever the market hit the stop loss it will close or hit the take profit it will close by itself.