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How long should a Forex trading position be maintained?

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How long should a Forex trading position be maintained?

Answered By Editor


There is no definite time frame as to when a position should be changed. Three factors determines if ever a change would be needed to be made

These three factors are:

* if there have been enough profits gained from the position and the movement is making a negative turn
* a stop-loss order is triggered
* a new position emerges with a better potential and the funds of a certain previous position would be need as funds for the better position

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