Monitoring Market Price is crucial for making informed trading decisions. Real-time market prices directly impact the valuation of open positions, portfolio balance, and risk management strategies. By staying aware of market prices, traders can identify favorable entry or exit points, optimize trade performance, and ensure accurate profit and loss calculations. Keeping a close eye on market prices supports better timing of trades, improved portfolio management, and enhanced overall financial performance. Regularly check live market prices to stay updated on position values.