Determining Exit Way In Transaction❗ SL and TP

Entry and exit activities in forex trading are one of the things traders will often do. Here are things about forex entry and exit that traders can learn. Forex entry is a position in which the trader must enter the foreign exchange or foreign exchange buying and selling market. Exit forex is the opposite of entry force, so it can be interpreted that exit forex is a position where traders have to get out of the foreign exchange buying and selling market.

Without preparing the right exit strategy, traders will close positions based on the emotions that occur during trading. Sometimes traders think that the most important thing is strategy and analysis when they want to open a position. Unfortunately traders forget to prepare the right exit strategy. When the price is excited with the direction according to the position purchased, sometimes traders are too amazed by the existing floating profits. Unfortunately, prices move quickly and not continuously in the same direction. When the price starts to reverse, of course the floating profit decreases.

Emotions often also interfere with traders which causes traders to experience floating or sizable losses. This is one example of why preparation of an exit strategy must be prepared before opening a position. There is one other possibility, after buying a position, the price starts to go up a bit. However, emotions can again disturb a trader's mind, fear, hesitation actually makes traders immediately sell their positions.

Watch the full video below!

More info : 

Free material soft copy contact 081 258 066 174 wa/call 

Private info / paid premium class (guided forever until consistent profit and independent). Whatsapp/call 081 233 593 672 Or direct access to our web www.wijayatrading.com