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Forex
Do you close half lot after making profits?
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[QUOTE="Sotherefore, post: 222248, member: 27033"] I have not trade forex before but most of my concentration is always cryptocurrency and that is what I did in the past until recently I stop engaging in cryptocurrency trading because it was not really profitable . yes there are sometimes I will equally make some profit and during this period of time I would close half of the trades just to minimise some Risk and I will allow the remaining one to continue if I am still expecting more increase in the price of the cryptocurrency I am buying but most times it does not always work out as I expect. They are different strategy that can be used to trade the volatile market and not really that you only have to do it this way before you are capable of generating profit. It is only for people who are not really sure of the next movement of the market , that is why they exit half of the trade . Most traders that I understand here who are trading cryptocurrency do not use this strategy but they are just interested in taking their profit once and for all. Probably because cryptocurrency is highly volatile compared to Forex. [/QUOTE]
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Do you close half lot after making profits?
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