About closing a position

thread: About closing a position

  1. #1

    About closing a position

    Is that wrong when I myself close an open position instead of setting stop loss oder limitation profit.

    If the broker fine me cause of the, thanx Beforehand

  2. #2
    You shouldn't at any time be fined for manually shutting an open position, if you're, then there's a good chance you're with a dodgy stop running broker and I'd suggest to find a new broker.

  3. #3
    Is that incorrect when I myself close an open position rather than setting stop loss oder limitation profit.

    If the broker fine me cause of this, thanx ahead of
    Please explain what's happening with more detail if at all possible. . What do you mean by good??

    That isnt a term asscociated with FX thier is just the spread to manage and you also pay the disperse when the place is openned.

  4. #4
    Junior Member oxrayjo7315's Avatar
    16
    He shouldn't fine you although he will take his disperse. And yes, it's frequently a good idea to close a position yourself should you see the trade moving against you.

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