How long i can keep my trade open?

[asingh601]

its depend on you. you just open your trade and put proper stop loss and take profit.
wait for hitting stop loss or take profit value.
if you are scalper trader than you can wait for one week if you are long trader than no need to close manually.
but if you see a strong news that move market opposite to your trade than you can close your trade manually.

ya it is true you just make sl or tp and wait for hit and also if make strong news then you can close manually for your decides.

[Snoopy1234]

Hello,

you can hold up unlimited time your order. But there will be rollover costs from the broker to hold an order overnight. Thats the swap costs. They were differ from currency pair to currency pair and at a time their are positve and might be also negative. Thats a question if you open a sell oder buy trade and hold him overnight or more than 24 hours.

So the only thing is when you get a margin call there will all positions closed by the broker.

[maliknas]

It is okay to leave transaction in open condition as long as you have good money management so you won't experience high
losses in short time. If me, I prefer to open and close position at most in a day. I didn't like to keep floating condition for more
than a day because mostly of them are not effective to gain profits.

You do very well because we are here to get some profit not to do the long term trading so getting profit in small chunks is so good instead of waiting for a bigger profit for many days or weeks. I also do the same, open a trade and close it for 10-15 pips but I always use small lots to save my account.

[ali1011]

Meray kehayl sy yeh kehna munasib nahi hoga k ap kitni dyr tak apni trade open rakh sakty ho ku k hameen take profit and stoop loss lagany sy hmari investment save rehti hy or like insurance ke tarha feel hota hy k ham secure ho jaty hen meray kehyal sy yeh kehna bohat mushkiil hy.

[atif58]

If you open your position it will remain opened until the margin call. It do not closed automatically by broker. So keep your margin high if you want to trade long term.

[aadrika]

I have a query, if i open a trade and dont close it, will it be closed by broker automatically after some time. Or i can keep it open for unlimited time this is if i have enough margin left in my a/c?

You can leave your trade open for as long as you wish to. It is continues to remain in profit then the trade will keep running. However, you should also consider if you are on a swap account or a swap free account. Position traders leave their trades to run for up to one year.

[niks]

Still you have enough equity in your account , your trade can be open .
If you are playing on small volume and your account is not swap free then you might not
get much profit with leaving the trade open for many days.

[maliknas]

For keeping a trade open we must have sufficient balance so that we don't get a margin call then there is no time limit for which we can open a position. I have kept my positions opened for as much time as 2 months.

[s19]

its depend on you. you just open your trade and put proper stop loss and take profit.
wait for hitting stop loss or take profit value.
if you are scalper trader than you can wait for one week if you are long trader than no need to close manually.
but if you see a strong news that move market opposite to your trade than you can close your trade manually.

[hardworks]

I think your position will not be closed automatically till you receive the margin call. you can earn money through this way by swap. some pairs are giving the swap on buying the currency and some on selling. find out those and then trade it.

Yes, the deals will float until you close it. May be i am wrong. Swap is in two types, if we buy then the swap shows positive value and if we sell then the swap shows negative value. But, swap is very small. We can able to get in it in a pips. Don't let the deal float for long time, try to find the entry point.