99. How to Place a Stop Loss and Take Profit Order in Forex | Forex
Information | Currency | Markets | Fx | Video | Assets | Lesson | Trading
Practice placing orders with a demo trading account: http://bit.ly/IT-forex-demo3 A lesson on how to place a stop loss and take profit order in the forex market. For active traders and Investors in the forex market.
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how do you place a 1 minute trade order
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Hi David, I created a demo account in FXCM Trading Station, which I believe is the platform that you are using. How come I could not see the Stop and Limit columns in the Open Position tab? Is your video outdated already? Thanks.
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Hi David, I feel your screen is to full for one to understand. can you please remove some of them
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Thank you :)
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So in the mean time your left exposed to any sudden market moves
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thanks David!
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Seems that, at least in the FCM Trading Station, you can no longer specify stop and limit for each order, but u can still specify NET stops or limits, which means you place the stop and limit globally per currency pair. Just look up "Create Stop/Limit (Net) Order" in the program help, it tells you how
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hi david, am just alittle confussed with placing the stoploss and limit. i made an entry order for euro/usd, i sold to enter@ 1.30139, tried to place stoploss@ 1.30197, but its stopped me and advised " the stop rate must be 1.30117". i thought when excuting a sell order the stop loss must be above the entry prices as we r selling and the limit higher than the entry price... could u explain y this is different on th fxcm.
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an Entry order should do the trick
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Hi. The answer is "yes". Happy trading !
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HI Dave!!! is it possible to place both a limit and a stop on the same order???????????