Another Great Scalping Day!
Today, Chief Trader Armando Martinez goes into detail about placing stop-loss orders on the FxPM™ software. He starts by taking an active, short position on the EUR/USD currency pair. Adapting to a new system with a different set of mechanics will obviously take time, so Armando uses this practical example of setting stop-losses on his own trade to demonstrate the simplicity. He first starts with his emergency stop of -21 PIPS and notes key differences between placing orders on conventional trading software and doing so on FxPM™. Armando then adjusts his stop to -10, then -7, then breakeven, taking points along the way! Learn how to consistently profit in the Forex market by identifying precise entries and exits with FXPM™ and Forex Successful Online Training School.
Tagged with: learning moment
Filed under: Daily Learning Moment
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