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Placing Stop-Loss and Trailing Stop Orders in the Forex Software
By simply clicking on the "New" button in the "Order Management" tab, you can enter a stop or limit order with our software. Stop and limit orders can be canceled or modified whenever you want. Traders also have the huge advantage of being able to place trailing stop orders. A trailing stop orders will automatically automatically adjust itself as the price of an open position moves in a direction that is favorable to the trader. This gives forex traders the opportunity to use a stop order while tracking the market if it moves in a favorable direction. In volatile market conditions, stop-loss orders may experience considerable slippage.
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- Execution of Market Orders
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