Question
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For what duration should one keep a position?
11 Answers
<p>till you get a satisfied amount of profit above the stoploss level.</p>
32 Views
<p>Stoploss is always a mandatory thing to keep up with positions.</p>
28 Views
<p>We can't be sure whether a trend will continue following a pullback. The trader who holds through some pullbacks is assuming it will, and by doing so will typically have larger winning trades.</p>
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<p>Not holding through a significant pullback means profits are limited to how much the price moves in a single thrust in your direction. If you are willing to hold through pullbacks, then you can potentially capture bigger profits because you may end with the price making multiple waves in your direction.</p>
9 Views
<p>Prices don't move in a straight line. If the price is rising (uptrend), it will rise, pull back, and rise again. If we bought on the initial rise we can't be certain the price will rise again after the pullback.</p>
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