Order Types
For usual trades, we would simply do a Market Order where we BUY or SELL at a given price.
What about the other types of orders? 🧐
🔵 Limit Order
Buy Limit: BUY below current price
Sell Limit: Sell above current price
🔵 Stop Order
Buy Stops: BUY above current price
Sell Stops: SELL below current price
🔴 Stop Loss
Limit the losses. Can be used from entry 30 PIP-50 PIP
🔵 Take Profit
Set a target and take profit. Can be divided into 20 PIP-100 PIP.
I only go for Instant Execution for my trades. I do not fancy Stop or Limit Orders.
Got it? ✊🏻
For usual trades, we would simply do a Market Order where we BUY or SELL at a given price.
What about the other types of orders? 🧐
🔵 Limit Order
Buy Limit: BUY below current price
Sell Limit: Sell above current price
🔵 Stop Order
Buy Stops: BUY above current price
Sell Stops: SELL below current price
🔴 Stop Loss
Limit the losses. Can be used from entry 30 PIP-50 PIP
🔵 Take Profit
Set a target and take profit. Can be divided into 20 PIP-100 PIP.
I only go for Instant Execution for my trades. I do not fancy Stop or Limit Orders.
Got it? ✊🏻
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Good morning traders 😎
Standby first, let King monitor today's pair what we can rob okay
On notification & Pin this channel 🔝
Standby first, let King monitor today's pair what we can rob okay
On notification & Pin this channel 🔝