Beginners guide to trading forex - Forex trading introduction & history -calculating PIPs, technical analysis & fundamental analysis.
1
Placing an order Placing an order is like learning to cross the street - you will have to check a few things before clicking that mouse and pretty soon you will be able to place orders in your sleep (although, we wouldn't recommend that)
2
What is a stop loss Stop loss or stop order is a feature that you can use to cut your losses when the market isn't going your way. Do not place your orders without a stop order - stop orders save your capital and keep you in the game much longer.
3
What is a trailing stop Trailing stop simply put is the number of pips the market should move your stop-order - if you trailing stop is set at 25 - then when you make 25 pips in profit, your stop-order is moved 25 pips too.
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