Forex Trading Exit Strategy: Limit Order Tricks | Forex
Information | Currency | Markets | Fx | Video | Assets | Lesson | Trading
Subscribe: http://investdiva.com/ Full article: http://bit.ly/1PmOtHw Exiting a trading position at the right time and price is arguably more important than your entry order; Because only when you exit, you lock in and confirm your profit. In previous videos I’ve talked about choosing the best currency pairs and best times to trade. I also have devoted a whole lot and identifying trading opportunities at the Invest Diva video course. Today, let’s talk about getting out, WITH profit by paying attention to a small trick when setting limit exit orders in your long term trades. There are many ways to calculate your exit strategy and it highly depends on your trading time frame, your account's margin and on the market sentiment in general. Limit orders or Profit Taking Levels are the areas you calculate to get out of your position when the market prices reach your target and you decide to end your journey with that specific trading instrument such as forex currency pairs, stocks or even BitCoins. Stop-loss orders are levels you choose to exit a position to control risk if it reaches a point where we are unwilling to absorb further losses and are mostly used for short-term trades. Because in long term trades, if you have enough margin and time in hand, you can expect the market to complete a cycle and go back to your entry levels, although it could take months or even years. Read more: http://bit.ly/1PmOtHw Twitter, Facebook, Instagram: @InvestDiva @KianaDanial
Comments
-
nice i understand fully i will opt this in my trading strategies
-
Long lasting huge profits. How many times have you dreamed of a wealthy life? Well, you can now stop dreaming and start living it. Here's how: >> GINO TRADING SYSTEMS
-
If you had the opportunity to learn from the best in the game would you take it? Well check this out: TRY NOW https://t.co/DYc910gfz8
-
Everyone knows how profitable binary options trading is and the only problem that people see in it is its reliability factor, that can give you heart attacks if you are doing all the trading all by yourself. This problem have been solved by the apps like this tool -- > https://t.co/C3jzMDa873 that have been designed for the people like you, who are worried about the losses they’ll suffer as a result of this trading, by maintaining the success rate at 90 percent.
-
I’ve learned this lesson over last few years, that don’t just blindly believe in something without confirming its truth because of some harsh experiences with binary options trading apps. But when I saw this app >> https://t.co/acDYl3Kt0D , I was astonished by the reviews that people all around the world gave and something that other apps were missing in their portfolios. I used this app and its results were exactly how they were presented in their website. So don’t waste your time on other apps and come to this.
-
Diva I would like you make me a titsjob. interested? You will earn a lot of money.
-
Nice boobs!
-
Hi, I am a fund manager. I can make 150-500 pips daily with my system. Drawdown is less than 10-15%. This system can win during uptrends, downtrends or consolidations. Check results at: www(dot)pammmam(dot)com.
-
Love the video, presentation and the education. Simple and to the point, unlike those boring trading videos out there...
-
Love it!! Thanks for the tips. It's hard not to get greedy sometimes...