Thread: Tools and tips for locking profits

All over the trend, everyone is talking about lock profits or locking profits. Some traders here don't even know the term "lock profits". Please can someone explain lock profits, and also the tools used in it and also some useful tips about it

The selection of the currency pair depends on the timing of your trade. Setting your objectives provide you a support for your trading forex. Not only this provide you a chance to get a outlook of your goals but also give you a clear vision for a trade. In this way you are more likely have a chance to withdraw from the market with the profits prior to any fluctuation in the market instead of craving for more greed. Let's Try MYfxbook AutoTrade : Choose a trading system and trust your funds to carefully picked strategy

There are only two tools that are available for profits and locking profits and they are take profits that are placed while trading and then trailing stop loss which is placed once the trade in in profits and a trader wants to lock them.

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