What are the steps to follow in order to take partial profits on MT4 for digital currency trading?

3 answers

• imbecile23Jul 05, 2021 · 4 years ago
  Sure! Taking partial profits on MT4 for digital currency trading can be done in a few simple steps. First, open your MT4 trading platform and locate the trade you want to take partial profits on. Next, right-click on the trade and select 'Modify or Delete Order'. In the 'Type' field, choose 'Partial Close'. Enter the amount or percentage of the trade you want to close and click 'OK'. Your trade will be partially closed, and you will have taken partial profits. Remember to always monitor your trades and adjust your partial profit-taking strategy based on market conditions.
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• Mara KhithieAug 15, 2022 · 3 years ago
  Taking partial profits on MT4 for digital currency trading is a smart strategy to manage risk and secure profits. To do this, follow these steps: 1. Identify the trade you want to take partial profits on. 2. Right-click on the trade and select 'Modify or Delete Order'. 3. In the 'Type' field, choose 'Partial Close'. 4. Enter the amount or percentage of the trade you want to close. 5. Click 'OK' to execute the partial close. By taking partial profits, you can lock in gains while still keeping a portion of your position open for potential further gains.
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• DustyBApr 12, 2022 · 3 years ago
  Taking partial profits on MT4 for digital currency trading is an essential skill for any trader. To do this on MT4, follow these steps: 1. Identify the trade you want to take partial profits on. 2. Right-click on the trade and select 'Modify or Delete Order'. 3. In the 'Type' field, choose 'Partial Close'. 4. Enter the amount or percentage of the trade you want to close. 5. Click 'OK' to execute the partial close. By taking partial profits, you can secure some gains while still leaving room for potential further profits. Remember, it's important to have a clear profit-taking strategy in place to maximize your trading success.
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