sell limit order forex

You create the Limit order as shown above. Step 1 Enter a Limit Sell Order.

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Youre long 200 shares of XYZ stock at an Average Price of 1495 your entry price.

. You want to make a profit of at least 5000 so you use a Limit order to sell 200 shares when the market price rises to 1520. Sinry Advice Is The Team Behind One Of The Most Downloaded Forex Trading Robots with over 8600 active members and satisfaction rate of 90. When forex trading on a demo account both profit and loss will be virtual whereas trading experience is remarkably similar to real-life conditions.

Sell Limit Orders Similarly to the buy limit order you can set up a limit order to automatically enter a sell market order when the price re-enters the demand zone. A limit order is the automatic closing of a position at the point where the trader perceives a profitable run could end. Range trading requires enough volatility to keep the price moving for the duration of the day but not so much volatility that the price breaks out of.

However you can earn on a demo account by taking part in InstaForex contests and getting real prize money to a live forex trading account. To sum it up look for a price move that speeds away travel far away and stays away for a long time.

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