Am a new to forex trading and need help with this question on trading.
My question is if I am trading and I place my stop loss and take profit position and the trade seem to be favouring me and I discovered that it is going to go against me and the price line has not reached the take profit or the stop loss. If I close the trade will I lose the profit even if it has not drop to stop loss level
My question is if I am trading and I place my stop loss and take profit position and the trade seem to be favouring me and I discovered that it is going to go against me and the price line has not reached the take profit or the stop loss. If I close the trade will I lose the profit even if it has not drop to stop loss level