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General Forex Discussion
Viable way to trade or just too greedy?
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[QUOTE="Enivid, post: 24899, member: 1"] Pretty simple. If you believe that your position is going to be profitable (there's a trading signal for it), there's no point in closing any part of it earlier than the target. If you believe that your position is going to lose (trading signal failed or an opposite signal appeared), you better close whole position. Explained in details here: [url]http://www.earnforex.com/blog/2011/11/partial-profit-taking-in-forex-does-it-work/[/url] [/QUOTE]
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