Reasonable target: it is very important to set a reasonable target when you get in to the trade. Your target should be determined with a time frame as well. You close your position if it hit the target or you close your position whatever you have when the pre determined time is over.
If you wait too long price may change direction as well the reading of the indicators.
Trading rules or Trading strategy: a lot of the trade do not have a certain rules or strict trading rules. Though they have some rules but often they tend to break rules. It is very important to follow trading rules in every single trade.
If you wait too long price may change direction as well the reading of the indicators.
Trading rules or Trading strategy: a lot of the trade do not have a certain rules or strict trading rules. Though they have some rules but often they tend to break rules. It is very important to follow trading rules in every single trade.
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