Use of take profit tool.

[ntn]

Forex mien jo cheez ham ko sab sy zyada asar kerti h wo h tajerba,jab ham as mien tajerba hasil kerte hien tu ham as mien as qabil ho jate hien k ham as mien kuch na kuch kamaee ker sakte hien as lyee ham ko as mien tajerba hasil kerna zarori h agar ham as mien kamyab ho jate hien tu ham as mien kamaee per kamaee ker sakte hien aur ham as mien behter tor per as mien kamaee ker sakte hien as lyee hamain ham ko as mien kaam karna hota h agar ham as mien tajerba hasil kerte hien tu ham as mien kamyab ho sakte hien tu ham as mien bhoot hi kamyab tajir ban sakte hien.

[Amo]

Trading ma take profit ka use bohat zaida zaroori hota ha kio ka is se hamary trade easily and auto close ho jaty ha jab hamary target tak ponchty ha market is liye is ka use hamay lazmi karna chahiye apny har trade ma or profit book karna chahiye.

[aagus]

very good dear, actually I really found that you have to use the take profit tool, because it is the best tool that helps you save your time, like you enter a trade and set a take profit limit and leave the computer, and when the market will reach this point, your trade will be closed automatically, so everyone has to use this opportunity.

[biru]

As the name suggests, take-profit orders are used to lock in profits if the exchange rate moves in a favorable direction. For example, if you miss the position of a currency pair and believe that the price will rise to a certain level, but are not sure what it will do outside of that level, placing a take-profit order at that point will automatically close your position so you can lock profit. Example: Buy a yen worth $ 100 at 107.4 yen per dollar = 100 * 107.40 = 10,740 yen

[sakigbest]

It is good to set a target price in your trade as if we want to close it instantly and suddenly market start going against our trade it keep asking requote and until we close there is quite much diffence in prices where we intended to close. While a pre-set target is triggered if prices touch taht level.

[mehro]

yes this tool is very help full and here are many technical tools within the meta trader platform that try to help the investor. Among all these tools, take profit has a great value. This tool is used to define the level at which the operation will close if a profit occurs. This is very useful for planning the growth of capital.

[ajay10]

As for the take-profit or target price, it is an order that you send to your broker, notifying them to close your position or trade when a certain price reaches a specified price level in profit.Take profit is a trading command which allows profit to be fixed to a certain amount when the price reaches a certain level.A take profit order is an order that closes your trade once it reaches a certain level of profit. When your take profit order is hit on a trade, the trade is closed at the current market value. Take profit orders are also sometimes referred to as limit orders.

[papih]

Take profit is a very important risk management strategy used to lock in our profits. Sometimes the market changes direction after reaching my tp level. Without regulation, we might even lose the profits that are ours before the market trends change. and using take profit and stopping lost tools is good for beginners like me ... very helpful, it makes my account safe ... because this tool avoids my account getting huge losses and creates a kind of good discipline when we get profit ... so that's the tool which makes my trade go well, and makes me more comfortable!

[zohaib1]

Take profit is a key tool if you know how to use it in a proper way,The Forex market changes constantly, that is why it is important to look at some of it's past charts. This can help you see what direction the Forex market might be heading. While this is not a guarantee, sometimes the past repeats itself. Also by looking at different charts with different timelines, one might can find an investment opportunity that they did not notice in the Forex market before

[fakta]

I am outline Take advantage only on your mind. I did not apply it to the actual position after that I constantly monitored evolution and stopped this every time I reached the goal that is currently outlined about my thinking. But what I really use is actually a stop loss, it is fundamental about your Forex account and your protection. and the Take profit tool is basically used to overcome the greed factor that is often found in traders. When a trader sees profits he is paralyzed to close a trade and wants to get the most out of it. Take profit can close trades automatically at a certain level, stopping your trade from becoming negative again.