99. How to Place a Stop Loss and Take Profit Order in Forex

http://clk.atdmt.com/FXM/go/nfrsieng0100000402fxm/direct/01/
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.

Category:

Howto & Style

Tags:

• stoploss
• takeprofit
• trading
• forex
• forextrading
• currency
• demo
• fx
• daytrading
• day
• trade
• stockmarket
• investing

[haranharanp]

hi david, thanks for the interesting tips ..appreciate keep up the good job for learner like myself.

[InformedTrades]

my pleasure I am glad you liked it and thank you for the comment. Best Regards, Dave

[ikariworrior]

Hi David

Thank you for the great videos.

I also have one request:

I can see that you are using the FXCM Trading Station and i would very much like you to explain, and show, how to use the pivot levels on that platform because we are a few who absolutly don't have a clue !

ps. keep up the great work :o)

[InformedTrades]

Hi ikariworrior, Thanks for the comment I am glad you like the videos. I will put this one into the Q thank you for the recomendation. Best Regards, Dave

[pauper101]

hey david, many thanks for ur videos they have been a huge help. one question, how do u place a trailing stop?!?!?

[InformedTrades]

Hi Pauper101, Thanks for the comment I am glad the videos are helping you out. I can't leave links in the comments section of Youtube so I sent you a link to a blog post that outlines this via YouTube email. Best Regards, Dave

[onkar2510]

okadvisors.blogspot. try this for real results!!!!!!!!!!!!

[freeSCALPINGindicato]

thanks David!

[KeshaWW]

How many money receives microsoft at growth of cost of a paper on 100 %? This money whence undertakes

[britoca]

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

[okcolyns]

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.

[FreeFOREXautoROBOTS]

Thanks for useful tips!

[SusmitaHere]

I can not see the stop and limit place after making an order,there is no such thing now, did you change your system?

[forextrader35]

if im correct if i set my bot at 5% Stoploss , does that mean that i will only lose with the bot t 5% profit?