Comments on: A Guide On ‘Taking Profits’ From Your Forex Trades

By: KRISTOFA OKENTA

KRISTOFA OKENTA — Sat, 11 Feb 2012 20:25:07 +0000

Dear ‘Prof’ Nial. My major challenge was thus your insightful lesson. i always exit early with lesser profits or close of an intending profitable market all because of panic.But afterwards the trade will continue in my direction. Your good article now has giving me good advice. THANK YOU

By: Daniel Howard

Daniel Howard — Sat, 11 Feb 2012 16:39:47 +0000

Thanks for that Nial. I like the trailing stop in between the 8 and 21 day ma’s in a trending market idea.
Thank you so much!
Daniel

By: Dietmar DL4HAO

Dietmar DL4HAO — Sat, 11 Feb 2012 13:29:33 +0000

Nial, thank you … i love it … never ending learning :)

greetings from Hamburg/Germany,
Dietmar

By: Jiri M

Jiri M — Sat, 11 Feb 2012 11:27:48 +0000

Thank you Nail,great lesson.

By: Wmwanikis

Wmwanikis — Sat, 11 Feb 2012 05:06:41 +0000

As always on point. Keep up tha good work.

By: Asterix

Asterix — Sat, 11 Feb 2012 04:43:39 +0000

Dear Nial,

You’ve again answered my question just before I got around to asking it. Thank you.

Regards,
Asterix

By: William D'Arbe

William D'Arbe — Sat, 11 Feb 2012 04:27:16 +0000

Great lesson Nial.. Thanks

By: George

George — Sat, 11 Feb 2012 01:45:15 +0000

Just what I need at the moment Nials well done, great lesson.

By: Nitka

Nitka — Sat, 11 Feb 2012 01:37:37 +0000

Absolutely brilliant! And written just for me..:-) I struggle sooo much in taking money off the table! EXITS in FX are everything…:-)..Thank you!

By: walter

walter — Fri, 10 Feb 2012 23:16:47 +0000

very enlightening! thank you so much for your hard work.

By: Frank Page

Frank Page — Fri, 10 Feb 2012 21:54:49 +0000

Hi Nial!

Another great article! I have been trading for several years now and have eventually reached the stage where I can make consistent profits. From my own experience I fully agree with all you say in this article.It’s good to read this essential info again to reinforce it in my mind. I use “forex tester” to develop all my PA strategies and methods thro much back testing of data. It also teaches you that stop losses are absolutely essential and when to take profits besides much more. Anyway good luck to everyone!!

By: yogi

yogi — Fri, 10 Feb 2012 21:32:56 +0000

Another wonderful article with clear charts. Thank you Nial.

By: kingsley

kingsley — Fri, 10 Feb 2012 18:45:52 +0000

thanks Nial. i lost all my money due to greedness. hope to bounce back with a refined strategy

By: nisar

nisar — Fri, 10 Feb 2012 18:16:26 +0000

i like the way you explain the things. i knew a lot about Forex before purchasing your course but never was a profitable trader. after reading PA material, now i know what i am doing when putting a trade. i didn’t loose much since then.
thanks for your efforts and energy you put in to teach us.keep it up and bring many more lessons like this.
cheers

By: Jean

Jean — Fri, 10 Feb 2012 17:27:26 +0000

Great article. I was winning 2:1 on aud/usd and didn’t take my profit. My stop loss was hit yesterday.

By: maviiri

maviiri — Fri, 10 Feb 2012 16:10:44 +0000

but to me a rebound market is a time bomb,any time it explodes , so traders should trade it with caution. thax

By: Lionell Dixon

Lionell Dixon — Fri, 10 Feb 2012 13:37:48 +0000

Another Great article Nial! THanks!

By: Ramli M.S

Ramli M.S — Fri, 10 Feb 2012 13:20:15 +0000

Thanks Nial

Great n amazing .

Cheers

By: Manjula

Manjula — Fri, 10 Feb 2012 13:18:03 +0000

Thank you Nial.Great lesson again

By: Kenny R

Kenny R — Fri, 10 Feb 2012 12:34:34 +0000

This is a key lesson right here. Most traders have an idea of when to get into a trade but once they are in the trade they have a hard time taking profits because either fear or greed will start to cloud their judgement which leads to inconsistent profits. Glad you touched on this subject Nial!

By: Dominik

Dominik — Fri, 10 Feb 2012 12:32:06 +0000

Brilliant – thanks Nial, just if I was reading about my last trade on NZD/USD which I closed way to early, If only I applied S&F to it there would be nothing now to regret and clear 1:2 winner. Looking for the next opportunity.

cheers!

All – Be patient and careful out there :)

By: OKOLI CHUKWUNONSO

OKOLI CHUKWUNONSO — Fri, 10 Feb 2012 12:30:58 +0000

i can’t thank u enough Nial!…. u are such a mentor. Nice article. God bless u

By: Dick

Dick — Fri, 10 Feb 2012 12:23:00 +0000

Great info. Like it was written just for me. Picked up
39 pips this am trading GBP/USD.

By: Tony

Tony — Fri, 10 Feb 2012 12:21:45 +0000

Good info.

By: Jasper

Jasper — Fri, 10 Feb 2012 11:46:20 +0000

Very good article Nial.