Limit Order simply put is a place that you want to exit WITH PROFIT.
It is opposite of stop-order which is used also for EXIT - but with loss. Stop-order is used to cut your losses. Limit order is used to take your profits.
Followers
Blog Archive
-
▼
2009
(13)
-
▼
November
(13)
- What is a limit order
- What is a trailing stop
- What is a stop loss
- Placing an order
- Meaning and value of a PIP
- Choosing a Forex Broker and a Charting package
- Forex Leverage and Spreads
- Currencies are traded in Pairs
- What is Forex
- Introduction of Euro
- Beginning of Free Floating system
- The Bretton Woods Accord
- History of Money
-
▼
November
(13)
About Me
 |
google search box
Custom Search
No comments:
Post a Comment