Is that my trades have always pantengin monitor and constantly connected to the internet? That is likely to be close the position if the benefit has been obtained. Hehehe, this question really still a beginner trader, but will still be discussed answer is yes ... we do not need tongkrongin computer all day, your body can not you tired lef position will be liquidated and you have set up automatically when the exit value of its targets and stop loss. So the time that you use for trading approximately like this: 15 minutes of analysis, 10 minutes for order entry and setting the position of exit orders. The remaining time you can use for their daily activities as usual. So you do not need to intervene again, if profit targets are achieved then the exit will be closed, or loss is not tolerated and target exit price has touched the positions also will be closed automatically.
Exit target: is the price level where you want to close a position when a certain profit you've got. You can set the target exit when you open a position or at any time while the position is still open. Exit the target is also known as Take Profit or often abbreviated to TP.
Stop-loss orders: to ensure a position is automatically liquidated at a price that has been predicted to limit the potential losses that might occur if the market moves against your position. Stop Loss is commonly abbreviated as SL.
Examples of target exit and stop-loss exit:
You have a long position is opened at a price of 1.2000, then exit your target should be higher, for example 1.2020, exit and stop-loss at a lower level, for example 1.1980. If you open a short position at 1.2000, target exit value should be lower, such as 1.1980, and the exit stop-lossnya higher for example 1.2020.
Both the exit target and stop-loss exit value is the price you set, not the number of points, or pips. As the example above, if you want to close the position by 20 pips profit, on a long position that you open with the price of 1.2000, then exit the target is the open price is 1.2020 + 1.2000 = 1.2020 20 points.
Some cases are often experienced trader associated with exit and stop loss targets
My position is not closed but I'm sure the price touched the figure Exit Target. What really happened?
Keep in mind that the price consists of two components, namely the sale price (Bid Price) and the purchase price (Offer Price). Transactions sale with price BID opened and closed with a purchase price OFFERTransaksi opened and closed with a price OFFER BID price
For example, you are trading Short on the EUR / USD at 1.3125 and exit targets. Prices on the diagram / chart shows 1.3125, but in this case you have not touched the target exit.
This is because 1.3125 is the price chart where the Projects Are mid-priced bid and offer, while the Short transaction must be closed with action to buy. Price Charting = 1.3125, then the Offer price charting = + 1 / 2 spread = 1.3125 + 1 = 1.3126. So the price is actually still at the level of 1.3126.
My position is closed when I'm sure prices do not touch the number of Stop Loss. What really happened?
Keep in mind that the price consists of two components, namely the sale price (Bid Price) and the purchase price (Offer Price). Transactions sale with price BID opened and closed with a purchase price OFFERTransaksi opened and closed with a price OFFER BID price
Example: you make a deal Short on GBP / USD and put stop loss at 1.8943 level. Prices on the diagram / chart shows 1.8942. But in this case the SL you touched.
This is because 1.8942 is the price chart, which is mid-Projects Are bid and offer prices, while the Short transaction must be closed with action to buy. Price Charting = 1.8942, then the Offer price charting = + 1 / 2 spread = 1.8942 + 2 = 1.8944. So the actual price was at 1.8944 level.
The important thing you notice here is the spread, and keep in mind also that the spread is not fixed and can change its value at any time, especially when the news came out that resulted in unstable price movements.
P.S:
In the above example, spreads for EUR / USD is 2, and GBP / USD is 4.BID is the price you sell to a dealer, and the OFFER is the price you are buying from a dealer. In this case the BID price is always lower than the price OFFER.