Trade management in Forex
A clear definition of Trade management, with practical context for reading markets and making better trading decisions.
Definition
The rules for handling an open position: partial exits, stop adjustments, target decisions, and when to do nothing. It should be planned, not improvised from fear.
Practical forex example
A plan may say to take partial profit at 1R and leave the rest for the next resistance zone.
Why Trade management matters
Understanding Trade management helps traders interpret market information, plan decisions, and manage risk with more context.
Related forex terms
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