Our Network:  Trend Waiter Blog Forex Tags Forex Books Got Candlesticks
   
 
Forexopia SiteMap  
HomeBasicIntermediateAdvancedReferenceResources
 Entries and Exits 



 
  Forexopia  »  Basic  »  Entries and Exits
Entries and Exits
If finding a good place to enter the market is a huge task in itself - exit (closing the trade) is equally and sometimes more important. Traders often find themselves giving away the money they made due to improper exits.
1Placing 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)
2What 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.
3What 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.
4What is a limit order
What is a limit order
5PIP calculator
PIP calculator

1History of Forex
Beginners guide to forex trading. This isthe first chapter in BASIC. Topics include history of money, about forex, analysis, currency pairs & trading lots.
2Introduction to Forex
Learn the terms and their meanings that will be used in forex trading on a day-to-day basis. You can revisit this chapter whenever you are in doubt
3Opening a demo trading account
Good traders always test their strategies on a demo account before using them on their live account - its just common sense.
4Entries and Exits
If finding a good place to enter the market is a huge task in itself - exit (closing the trade) is equally and sometimes more important. Traders often find themselves giving away the money they made due to improper exits.
5Market players
Two main parties rule any market - The Bulls and the Bears. When they are in tug of war or regathering their troops - the market goes sideways.

Categories Basic |  Intermediate |  Advanced |  Reference |  Resources
Basic: History of Forex |  Introduction to Forex |  Opening a Demo Account |  Entries and Exits |  Market Players
Intermediate: Reading Charts |  Charting Tools |  Chart Patterns |  Indicators and Oscillators |  Creating your own Trading System
Advanced: Money Management |  Find your comfort zone |  Choose your primary analysis |  Disciplined trader |  Enter the dragon
Reference: coming soon...
Resources: coming soon...
partner links: Forex Realm |  Daily Deals
 Copyright © 2006 - 2008 Forexopia.com  Visit other Network sites: