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What are the principles that need to be followed when closing a position in forex trading

The first principle of closing positions, in the foreign exchange price to reach the second highest and second lowest point to close positions, foreign exchange prices in the process of fluctuations in the absence of your imagination of the existence of tops and bottoms, so the presumption of seizing the top and bottom of the bottom of the bottom and the bottom of the behavior is very wrong, in the price to reach the market in the previous high highs and lows on the understanding of the position to close the position is a more sensible choice, despite the fact that the account will thus Although the account will therefore produce a profit will be reduced, but also for your greed a control. The second principle of closing the position, when the account loss reaches your account capital withdrawal ratio when closing the position, each time you need to pay the cost of trading and may obtain the profit is calculated in advance before trading, so when the account loss reaches the account capital withdrawal ratio of the former provisions of the time, then we must resolutely close the position. The third principle, the account profit time is about to exceed your trading cycle, trading different cycles when the profit points may be obtained is not the same, so when your account produces profits, and account orders to hold the time has exceeded the time of your trading cycle, this time to control their own greed to close the position.