Manually closing an trade.

[gds221]

This option is quite interesting, but the point is to have experience with such a tool.

[Rinanee]

In some cases, experience is indispensable, so you need to be careful enough.

[boltushkin]

You always make emotional decision when you close spread manually. Hence there is a risk that you don't follow a trading plan and your trading becomes undisciplined. That's why make sure you always set stop loss in your trades and don't move it too much.

[Vudorg]

Sometimes it is really very manual to close trades when the situation calls for it.

[gds221]

The ability to close deals correctly is not as simple as it may seem at first glance.

[Bedisone]

That you manually close deals, you must have certain knowledge and experience, because this is quite a responsible and difficult business.

[gds221]

An interesting strategy, but only for an experienced trader. It can be difficult for a beginner to choose the right moment.

[Bedisone]

Indeed, for this you need to have some experience and some kind of practice.

[gds221]

Do not forget that learning to manually close transactions is far from easy.

[Viran]

You are right, in order to be able to correctly close deals manually, you need to have some experience and knowledge, therefore, before you start, you need to be confident in your preparation.

[gds221]

It is worth understanding that according to such a strategy it makes sense to work when the trader already has experience in this industry.

[e_abrams]

One always needs experience to trade, regardless of the strategy. But the only way to gain that experience is to actually trade. And lose, in many cases.

[gds221]

It is very important to be able to do this correctly. For if there is no experience, then the results may not be the most positive for the trader, which is quite expected.

[Cairdarsy]

in general, you should still carefully do all your transactions, it's still your money

[Hanettak]

A good example of how to close a trade in Forex is setting price targets. The main thing is to set a realistic goal.

[gds221]

In general, this option is quite correct and working, the main thing is to know when to apply it correctly.

[Dora Wi]

21 hours ago, Hanettak said:

A good example of how to close a trade in Forex is setting price targets. The main thing is to set a realistic goal.

I agree, and I don't think there is anything wrong with closing your trades manually. In fact, manual trading is more suitable for many people than automated trading. But you need to have a strategy and a trading plan - don't just make the decision in the moment, set clear rules as to when you will exit a trade.

[Rettan]

You need to be able to close deals manually, and for this you need to have certain knowledge, of course, spend time, because you have to control the trade.

[Juleenelya]

manual work is much more useful and pleasant, although everyone has their own preferences in Forex

[Gidencenti]

you must understand that everyone works according to their own principle, and if this principle works in profit, then no one will share it just like that

[e_abrams]

I think both manual and automated trade can be profitable but a trader needs experience before beginning either with real money.

[gds221]

This is an interesting option, but the main thing is to understand how to work with it correctly, otherwise you can get not the most pleasant result.

[Gidencenti]

everyone has their own approach to work and transactions in general, for whom it is both convenient and work

[Vaabum]

Trading manually is not easy, but it is important to understand that you can earn more this way.

[FXOpen Trader]

On 4/18/2022 at 7:29 PM, Vaabum said:

Trading manually is not easy, but it is important to understand that you can earn more this way.

When we are trading with the help of a manual trading based system the income we can get will also get increased.