Your Profits Are Generated When You Enter Your Trade - page 2

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While open positions our trades are in loss due to the spread difference. If analysis is good and market is moving toward us then our profits are generated .It is up to a trader how much he wants from market .I will suggest to collect small profits that are sure not wait for expected profit so much that you go to loss.

 
I also think that the Forex profits are generated when you enter a currency trade. Therefore when we enter a position we should have in mind the market direction at the certain moment and calculate for how long it should remain opened . It’s necessary to  set a target profit and once it is reached we should close the position and not get too greedy, as we all know that the market is very dynamic and it can change within a blink of an eye and It can easily go to a negative direction.
 
The profits are generated once you place the order, but the market could go at an opposite direction and they could turn to Loss. Stay safe and secure yourself with accurate Stop Loss levels.
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