A correct closing of trade

[Gee Dee]

A foreign currency trader needs to give proper concentration on mutually the entry and exit price of a currency pair. No matter when a forex trader enters the market, he can’t ensure maximum profit until closes his trade on the appropriate time. Even experienced traders also face loss due to ignorance on this matter. A winning trade is a function of many things: right entry, appropriate closing, right SL, etc.

 

[Sininfinity]

I have said this many times before. Never try to aim for maximum gain and go for optimal gain. In the long run you will find yourself more profitable if you go for optimal gain.