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Thread: Use of take profit tool.

  1. #117
    Member esif is on a distinguished road esif's Avatar
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    Quote Originally Posted by forexpips View Post
    Use of take profit tool
    You are right but i think the take profit is not a tool but it is a process or you can say it a function of forex, and take profit occurs in the result of profitable trade, if your trade is in loss, then you will make a 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.


  2. #116
    Junior Member tubeltkadal is an unknown quantity at this point tubeltkadal's Avatar
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    take profit is not an easy problem what profit we can happen to the movement of the market very quickly, so the profit rate is changing rapidly. therefore I think we should stop using traling in determining profit on forex 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.


  3. #115
    Junior Member tubeltkadal is an unknown quantity at this point tubeltkadal's Avatar
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    I can advice from friends coffee, he says "Use a Take Profit, Stop Loss Do not use". He said, it helps build our mentality as a professional trader, that is ready to fight
    I finally got to a conclusion of his message, that is not a difficult position when we open our order, but how hard is it to determine profit, as the greatest enemy is ourselves, the nature of the greedy

    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.


  4. #114
    Member dimpal is on a distinguished road dimpal's Avatar
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    Quote Originally Posted by forexpips View Post
    Hey here we tell you about the take profit tool its very useful because when market in rotation then we cant close deal or we are enable to close deal so we use this tool or option we set a target when we want close deal.
    Yes true take profit tools is very useful kyun ki kayi bar aaisa hota hai ki news ki wajha se market total volatile ho jata hai.
    Volatility ke karan kayi aaise broker hai jo re-quote dete hai aur trade right time pe close nahi ho pata. Aur kayi bar aaisa hota hai ki aapka trade pehle profit me aata hai uske baad take profit tool use na karna ki wajha se loss me bhi chala jata hai.

    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.


  5. #113
    Member ronin is an unknown quantity at this point ronin's Avatar
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    I agree with you, this is the most important to always be plugged in when we trade. because if without installing this tool we can lose profit if we are not always in front of the monitor.

    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.


  6. #112
    Member sazzad is on a distinguished road sazzad's Avatar
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    The use of take profit tool is very important because some times for re cote system we cannot take our profit properly but if we give take then it works automatically then we can get our profit easily from our trade, for giving this trader can take from the order book.

    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.


  7. #111
    Member sayem is on a distinguished road sayem's Avatar
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    Using of take profit tools is really very good and very important too. we can not stay beside computer or laptop. so if our trade positions are open that time market can be huge turn against our position. so if we not set take profit auto then it can be trouble many times.

    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.


  8. #110
    Member devvi is an unknown quantity at this point devvi's Avatar
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    Quote Originally Posted by adnan_aziz View Post
    jee janab main take profit ko bhi use karta hon lekin ziyada tar meri tajwajja stop loss per hoti hai aur mai take profit ka tool jab lazmi use akrta hon jab mujhe apna pc off karna hota hai ya phir market kay up downs bohot tez chal rehe hon.
    never surrender to the circumstances in making decisions are always smiling and always do the best to never give up,,,, and believe in ourselves

    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.


  9. #109
    Member Mr.Tushar is an unknown quantity at this point Mr.Tushar's Avatar
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    really take profit is the very necessary tool for traders because when market become more fast many time we can not close your trade at our expected price .if we use take profit too we can set our profit and we can leave computer because when the price touch take profit are the trade will close automatically.

    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. #108
    Member dragon is an unknown quantity at this point dragon's Avatar
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    I think it's important to limit profit and loss in every transaction so I won't lose more than I could afford to take when I
    made mistakes because there is no one who could avoid risk of loss in forex trading. So take profit tool is important so
    I can maximize profit but I should learn how to place it in the most profitable price.

    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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