How long are Positions Maintained?
As a general rule, a position is kept open until one of the following occurs: 1) realization of sufficient profits from a position; 2) the specified stop-loss is triggered; 3) another position that has a better potential appears and you need these funds. If you want to try live forex trading using a demo account, open a free account at Marketiva.com (you can later use the same account for actual forex trading) and get an initial $5.00 trading fund.