Trading profits in the forex market: emotions, take profit orders:

odd as it may sound traders often find it a challenge to take profit this is an issue that every market speculator has to deal with at some point. Just as we have a series of rules to enter the market we must equally have a strategy to exit the trouble with this is that greed and fear usually rear their ugly head when a trade is in profit so there are also a strong physiological element to contend with. what is a take profit order? in very simple terms at a profit order is an instruction to liquidate a position upon reaching a designed level when the order is activated manually is usually closed at the current market price however take profit orders can also be used in the form of a limit order which as you probably are ready now are typically filled at your elected price level or better. Steel it's important to note that in the first moving market where price can change in the matter of sound price can alter substantially between the time and order is placed and the time that it's completed field this fellow train is called sleeper. should one use to take profit order: clearly is trader is different in terms of how he she is comfortable interacting with the market so there are no right or wrong answer hear from our prospective throw at a profit order is an entire stool one that we would not trade without. Out setting take profit order enable us to leave the screen and more importantly helps remove the emotion impact from our trade be that as it may there are times especially when trading and intraday move where we exit manually be most of the time we let the market take us out using a limit order. To decide on whether using a take profit order is right for you answering the following person might help you in the right direction: 1) are you in a position to constantly monitor your trades until completion? 2) do you have Double liquidating a position at your set price level throw fear of living too much profit on the table? 3) are you finding yourself closing trades too early through fear of price not reaching your take profit level for the market thinking back are ready acquired profit? If you are in a position to monitor your trades but struggle to take profit when required utilising a take profit limit order would be an option on the flip side should you be so logically required and are able to monitor your trade exiting traders manually maybe a consideration ultimately throw it depends on the individual. emotions: in our experience taking profit is generally for more difficult than pinning down and entry for target location and lack of experience coupled with greed and fear are issues that causes traders not to take profit when they should say you are in a position which is currently trading at two time you are risk on left you are a disciplined traders with a take profit strategy in hand you will likely e b feeling white it can settle at this point as greed and fear will be battling for control if you find yourself in this sport regularly creating an exit strategy before your enter is key to help overcoming this failure to do so will result in emotional decision taking the lead position of your trading and this seldom and well for most traders. different methods one can use to take profit: why it is impossible to list or take profit methodology here we can help you identify three common approaches:1) set and forget this does not a good job in removing the emotional impact out of taking profit as the name suggest you set your take profit order at a designer 3 level and forget the position until it has closed this seems almost too easy we now that there are traders who swear by this method. 2) Prophet Shyam traders find it easier to manage rates when they take partial profit as the position develop typically after taking some initial profit of the table you will find it will also look to reduce risk to break even as well. 3) trailing the position. This is a common technique used by a lot of trailers and can do wonders for your account if you happen to join our Trend we have seen traders use Fibonacci levels support and resistance trend lines and Mein Motu trial a stop loss the list of endless and ultimately depends on what you are comfortable with. Thanks

Re: Trading profits in the forex market: emotions, take profit orders:

Itna ziada likhne ka koi faida nahin kiok ap ne English mein thread kiya hai jo kay allow nahin hai aur pak forex forum kay rules ko break kartay han tu is post ya thread ka koi faida nahin hota is ka faida tab hota jab rules ko follow kar kay sada Urdu mein thread karain js ko sab log samjh sakhen aur ap kay knowledge ka faida ho Urdu mein thread ya Post karain phr hi faida hota hai

Re: Trading profits in the forex market: emotions, take profit orders:

G han hamen forex men preshan ho kar trading nah8in karny chahey kun kay agar hum achy soch kay sath forex men trading karty hain tu hum nakam nahin hjo sakty hain tu hamen dil kay sath acah kam jary rakhna hota hy ur agar hum dil kay sath acha kam karty hain tu hum nakam nahin ho sakty hain tu hamen jaldi kay sath forex men koi bhe kam anhin karna chhaye kun aky forex men jo jaldi kay sath kam karty hain tu voh nakam ho jaty hain

Re: Trading profits in the forex market: emotions, take profit orders:

agar ap trading karty wakat apny emotions pay control ni karen gy to ap kabi bi achi trade ni kar saken gy , agar ap emotions pay control karen gy to apko yeh feel hoga keh mera account is wakat wash hony laga hy , agar ap apny emotions pay control karen gy to ap achi planing bi kar saken gy aur apni planing ko apny lye profitable bana saken gy , jab bi ap apny mind ko active rakhen gy to ap apni trade se proit bi hasil karny me kamyab ho sakty hain , forex me kam akrny klye zarori hy keh ap iske basic skills ko follow akren aur apny skills ko enhance karen .

Re: Trading profits in the forex market: emotions, take profit orders:

Bilkul member aapane bahut Achcha hai third post ki hai but yeah for escalated nahin hai isliye kindly aap ko chahie kya aap informative thread ke sath informative post Karen Taki junior members to help out mirch ke aur easy Alfaaz mein bayan karna chahie Tamam ke Tamam ko samajh sake

Re: Trading profits in the forex market: emotions, take profit orders:

Assalamu alaikum friends hamen chahie ki Ham rules ko follow karte hue apni posting ki mayyat ko behtar banaen aur itna jyada likhane ki hamen Koi jarurat Nahin hai hai doston form per jyada se jyada aap Urdu mein guftagu Karen Taki dusre log bhi isko acchi tarah se samajh sake agar Ham apni posting ko jyada se jyada English mein likhenge to doston kuchh log yahan per aap ki posting ko acchi tarah Nahin samajh payenge