How to Know When to Close a Trade



One of the things that many forex traders struggle with is when to close a profitable position. Often, they let emotion take hold, either closing out a position when they shouldn’t because they are scared, or holding on for more profits because of greed and losing everything in the process. It’s important to remember that you should never base a decision on anything but logic – but that can be hard to remember in the heat of the moment. Having a huge profit on an open position is a good



Source link

Be the first to comment on "How to Know When to Close a Trade"

Leave a comment

Your email address will not be published.


*