With Take-Profit & Stop-Loss (TP/SL), you can preset the stop price for the current position. When the market price hits the preset stop price, the system will post market orders to close your position. Where can I set TP/SL? Visit CoinEx official website (https://www.coinex....
How to set stop-loss and take-profit: calculation, additional features and examples. Trailing stop vs. stop-loss.
Stop losses in FX (Forex) is an order to trade at a price level that is less favourable to you than the current available dealing price.
Currency values constantly fluctuate relative to each other because of various economic and geopolitical factors, creating opportunities for traders to profit from them. Forex traders actively engage in financial market speculation, aiming to make a profit by taking a position in a currency pair that ...
In order to ensure that traders can afford to set up forex trades with far less money, the concept of leverage was introduced. Leverage is a mechanism that allows traders to perform trades of a higher amount than their capital can ordinarily carry. In forex leverage, the trader contributes a...
Using technical analysis such as support and resistance is a great strategy to ease yourself into forex trading. If you are looking to open a long position (buying a currency with the expectation it will rise in value) then a solid technique is to set your long bids at the support level....
When placing a forex order, it’s important to think about risk management too. We talk about how stop-loss and take-profit orders can mitigate the risks of trading forex later in this guide. Is Forex Profitable? Understanding the Basics of Forex ...
How to Set a Stop-Loss Order in MetaTrader 4 Learning how to use MetaTrader 4 for beginners is not enough for a keen trader. You need to know how to set different kinds of orders to make more profit from your trades. Click on the up/down arrow in the Stop Loss field on the Order...
Take as Much Time With Your Stop Loss Placement as You do Your Entry Don’t just ‘plonk’ your stop loss on where you always have and with little thought. I bet you take great care to find your entries. Your stop loss could decide if you stay in the trade and if you do, how mu...
. Traditionally, the forex market was dominated by institutional firms and large banks, but its popularity amongretail tradershas significantly grown over the past decade. There's a caveat: Newer traders in the market have lured in fraudsters looking to take advantage of less knowledgeable investors...