| 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. |  |  |  | | 4 |  | What is a limit order What is a limit order |  |  |  | | 5 |  | PIP calculator PIP calculator |  |  |  |
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 | | 1 |  | History 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. |  |  |  | | 2 |  | Introduction 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 |  |  |  | | 3 |  | Opening 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. |  |  |  | | 4 |  | 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. |  |  |  | | 5 |  | Market 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. |  |  |
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