Take Profit is Worthy ?

[toseef65]

taking profit is good for the trader as there is uncertainty in the forex market and no body can guess that in which side the market will move in the next moment so that the traders should get their profit and must not wait.

[portalforex1]

Take profit and stop loss both are so, important thing ..!! But still take profit is not much more important than stop loss .! because if we 101 % sure about the trend and we sure that we can get profit from this trade but we don't know what target our trade gonna achieve so, in this situation we should not place take profit but we should stand at market until we closed our this trade !!

[Grandhis]

Hi Traders,

Lets share your opinions here. All of us talk about the importance of stop loss but take profit is given less importance.

Share your experiences about Take Profit.

yeah it is very important to set the stop loss point is it because we never know how long the price will go and leave our position . In my opinion, we must reduce the risk by set the stop loss

[burhan]

always profit is very bad thing that we are working always for the profit that is not good for us that we are working just like profit worker it is true that we should do work profit but also face loss that is good for us

what bad in this can you , if one trader is always getting the profit in this market so there is nothing bad about this , but one thing which is that how we do the next step for the trading which important for us to know !

[cesan]

Take profit I'd my favorite tools in forex trading. I never let my position open without it, it makes me easy to sleep because I know I just need to wait until market touch my take profit.

[fxsam]

Both stoploss and take profit is very important and non should be given more attention to than the other. So when making your analysis, let us take both into good consideration.

[shary]

Dear one think we all are try and work for getting the profit and some time we face lose aso see it is the part of the trading and taking profit is good and happiest movement for a trader. Profit is the reward of his trading

[bengaltree]

stop loss and profit order works hand-in-hand.
This is similar to the left and right, the two complement each other.
Currently is the most common 20 pips stop loss and target 40 pips. I enjoy it!