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Thread: Use of take profit tool.

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    Member twinkling star has a spectacular aura about twinkling star has a spectacular aura about twinkling star's Avatar
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    take profit tool is very good tool, we can set it to minimum or maximum where we expect that price will go. its very good tool even if we cannot sit before to computer then we can easily set our tp and sl at our destination place to reach our goal.

    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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    Quote Originally Posted by forexpips View Post
    Use of take profit tool

    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, it is recommended for us to set a take profit because we can't 100% guarantee where the market would move, by using the TP would help us to anticipate this. It's also good to help us avoid one of the most psycological factor which usually causes the traders lose their money, greed.

    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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    Banned criztaliz is an unknown quantity at this point criztaliz's Avatar
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    trailing stops,manuall profit lock,take profit order.
    only 3 ways to cover your profit,but maybe there is any software can help you.
    play with target,i know you want to take profit as much you can,but thats not too good to your mind
    greed will rules your trade

    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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    Quote Originally Posted by forex**** 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.
    Right tp target is a neceessity if a trader want to make profit in this business. Targets should be set for each and every position that we open. Accumulating small profits is the mantra to succeed in this business so setting a take profit target is very very important. And a trader has different way to set this target, it can be st using pivotpoints, fibo BB SNR or any another tool sometimes a random figure can also be use for example 10 **** profit per position etc.
    Pliz do comment here if you like the post

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    take profit forex ka sabse zaruri tool hai..is tool ke zariye traders apna profit fix kar lete hai aur uske bad chhae wo forex ke samne ho ya na ho..unki deal apne aap hi unke set kiye hue rate pe kat jati hai

    forex me tarders ko isse hamesha use karna chahiye kyunki ye money management ka bahut zaruri hissa mana 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.


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    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.

    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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    Use of take profit tool.

    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.

    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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